According to statistics, the population in Oklahoma City, OK amounts to 649,410, which shows decline 1% compared to the previous year. The median age of the city’s residents is 34. The average household income is $53,973, shifting growth 4% from the past year, and the average property value in Oklahoma City, OK growth 2% to $161,700 throughout the year.
|Number Of Employees||322,064|
|Median Property Value||$161,700|
The average household income in Oklahoma City, OK grew from $52,062 to $53,973 in the past year. This data is an estimate based upon 245,772 households in Oklahoma City, OK . The chart below presents how household income is distributed in Oklahoma City, OK in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Oklahoma City, OK shifted from $158,200 to $161,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Oklahoma City, OK in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Oklahoma City, OK properties falls in the '$150,000 to $174,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Oklahoma City, OK compared to median property taxes around the country. The prevalent amount of property taxes in Oklahoma City, OK equals $1150, which is less than the national average.
|Apartment Size||Aug||vs Last Month|
|Studio for sale||$263,333||-8.5%|
|1 bed for sale||$109,740||-36.9%|
|2 bed for sale||$197,955||+4.5%|
|3 bed for sale||$276,241||+6.5%|
|4+ bed for sale||$466,456||+11.5%|
During Aug 2022, the average price for an apartment in/near Oklahoma City, OK increased by 11.1% to $339,570.
After collecting all data points, we now see that the average price for 1-bed apartment decreased by 36.9% to $109,740. Asking price for 2-bed apartment also increased by 4.5% and a place of this size will now cost you $197,955. A 3-bed apartment goes for $276,241, it increased by 6.5% lately. We discerned the rise of 4- and more bed apartment price. It increased by 11.5% and made it up to $466,456.
|Listing Type||Aug||vs Last Month|
|Houses for sale||$330,732||+6.7%|
|Condos for sale||$268,696||+31.8%|
|Land for sale||$502,720||+93.7%|
|Duplexes for sale||$220,466||-47.3%|
|Other for sale||$330,980||+32.4%|
|Apartments for sale||$532,828||+696.5%|
|Townhouses for sale||$281,466||-11.1%|
|Lofts for sale||$287,225||-62.9%|
The average cost of an apartment in Oklahoma City, OK rised by 696.5% to $532,828. Price reports demonstrate that house price increased by 6.7% this month making it up to $330,732. Condos are really in demand in this season. The median price for a condo increased by 31.8%, it’s now available for $268,696. You can now purchase a duplex for just $220,466, duplex price decreased by 47.3% this month. The price dynamics of lofts changed, it decreased by 62.9%, the price tag now starts at $287,225. The property value of townhouses decreased by 11.1%, you’ll have to spend around $281,466 to get one.