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Midwest City, OK Real Estate


According to census data in the year 2000 there were 23,805 housing units in Midwest City. This represents a 4.2% growth from 22,846 in 1990.

Of those housing units, 23,730 were located in either urbanized areas or urban clusters, and 75 were located in what is classified as a rural area.

Homeownership rate in Midwest City is about 61.3%. Midwest City's vacancy rate, including seasonal lodging, is about 7%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Midwest City were built after 1969.

Statistics

Housing Size

Housing Units by Size
Studio Type1.70%
One Bedroom11.60%
Two Bedrooms26.70%
Three Bedrooms51.80%
Four Bedrooms7.70%
Five Bedrooms or more0.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.42
Median year structure was built1966
Median Value of occupied units$63,500
Median Price asked for vacant units$41,500

Rented Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1972
Median Monthly Rent asked for vacant units$394

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.90%
Home Equity Loan4.40%
Simple Mortgage52.60%
Debt Free34.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs15.8%