Are you looking for a new place to call home? If so, consider Oklahoma City, OK real estate. There are plenty of homes for sale in this vibrant city, and you're sure to find the perfect one. Oklahoma City is a great place to live, with plenty of things to do and see.
1,469,124 people live in Oklahoma City, with 230,233 households and the average individual income is $62,527.
Population
Average Income
households
Real Estate Market Nov 2022
The Oklahoma City housing market is experiencing strong growth, with rising home prices and a competitive market. In November 2022, the median home price in Oklahoma City was $252,000, representing a year-over-year increase of 7.6%. The average home in Oklahoma City sells after just 17 days on the market, faster than the nine days it took to sell a home in the area last year. However, the number of homes sold in November 2022 was 736, down from 998 in the previous year.
The Oklahoma City housing market is very competitive, with many homes receiving multiple offers and selling quickly. The average home in the area sells for about 1% below the list price and goes pending after around 19 days on the market. Some hot homes may sell for around the list price and go pending within five days.
Between September and November 2022, 22% of Oklahoma City homebuyers were looking to move out of the area, while 78% were interested in staying within the metropolitan area. Most of those moving into Oklahoma City from outside the metro came from Dallas, followed by Los Angeles and San Francisco. Nationally, just 0.34% of homebuyers were searching to move into Oklahoma City from outside the metropolitan area.
If you are considering buying a home in Oklahoma City, it is vital to be prepared for a competitive market. Working with a local real estate agent familiar with the area can be helpful, as they can provide insight into current market conditions and help you find a property that meets your needs and budget. There are many homes for sale in Oklahoma City, including single-family homes, which may be a good option for families or those looking for a bit more space. Whether you are a first-time homebuyer or an experienced investor, there are many opportunities in the Oklahoma City real estate market.
Living in Oklahoma City, Oklahoma
Oklahoma City has experienced a vibrant revival and is now home to an exciting entertainment district, renowned museums, exhilarating theme parks, and Western life charm. It's becoming one of the most dynamic cities in Southwest America!
Oklahoma City is a vibrant city with endless possibilities for dining, entertainment, and exploring local attractions. With its growing economy providing job opportunities in multiple industries - energy, aviation, healthcare, or industrial – the bustling city offers something to draw both work seekers and wanderers alike. Experience all that nature has to offer at one of its many gardens or parks while taking advantage of world-class museums sprinkled throughout the area!
Oklahoma is an iconic state full of rich history, from its booming agriculture and energy industries to its proud Native American heritage. College sports fans know it for the local teams' success on the courts and fields, while country music lovers associate Oklahoma with some of their favorite tunes. And no mention of this Sooner State can go without recognition for Route 66 -- a cultural icon that has now passed into legend after passing through in days gone by.
Jennifer has assembled a team of agents and other experts who ensure prompt, thorough communication and white-glove service. Jennifer pairs her attention to detail and expertise with the unparalleled distinction of Sotheby’s International Realty.
