Median price for residential apartments in Broken Arrow, OK as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
810 Broken Arrow, OK, USA apartments for sale
Broken Arrow
According to statistics, the population in Broken Arrow, OK amounts to 106,264, which shows growth 1% compared to the previous year. The median age of the city’s residents is 37. The average household income is $70,788, shifting growth 3% from the past year, and the average property value in Broken Arrow, OK growth 2% to $161,000 throughout the year.
| Population | 106,264 |
| Median Age | 36.8 |
| Poverty Rate | 8% |
| Household Income | $70,788 |
| Number Of Employees | 54,397 |
| Median Property Value | $161,000 |
Household Income
The average household income in Broken Arrow, OK grew from $68,596 to $70,788 in the past year. This data is an estimate based upon 38,432 households in Broken Arrow, OK . The chart below presents how household income is distributed in Broken Arrow, OK in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Broken Arrow, OK shifted from $157,700 to $161,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Broken Arrow, OK in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Broken Arrow, OK properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Broken Arrow, OK compared to median property taxes around the country. The prevalent amount of property taxes in Broken Arrow, OK equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Broken Arrow, OK, USA
Average apartment sale in Broken Arrow: $347,770 (-0.7%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $470,951 | -10.6% |
| 1-bed apartments | $185,000 | N/A |
| 2-bed apartments | $194,915 | +2.3% |
| 3-bed apartments | $257,984 | -5.1% |
| 4+ bed apartments | $423,472 | +7.5% |
During Nov 2022, the average price for an apartment in/near Broken Arrow, OK decreased by 0.7% to $347,770.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $185,000 with no changes this month. Asking price for 2-bed apartment also increased by 2.3% and a place of this size will now cost you $194,915. A 3-bed apartment goes for $257,984, it decreased by 5.1% lately. We discerned the rise of 4- and more bed apartment price. It increased by 7.5% and made it up to $423,472.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $328,607 | +3.8% |
| Townhouses for sale | $286,650 | +9.4% |
| Apartments for sale | $199,500 | N/A |
| Lofts for sale | $432,900 | +238.2% |
| Land for sale | $560,402 | -3.7% |
| Condos for sale | $219,900 | N/A |
While assessing the property pricing Broken Arrow, OK, you can note that it remains flat with a price tag of $199,500. Price reports demonstrate that house price increased by 3.8% this month making it up to $328,607. Condo prices remain stable. Condo for sale is now available for the same pricing as previously — $219,900. The price dynamics of lofts changed, it increased by 238.2%, the price tag now starts at $432,900. The property value of townhouses increased by 9.4%, you’ll have to spend around $286,650 to get one.