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Broken Arrow, OK Real Estate


According to census data in the year 2000 there were 27,123 housing units in Broken Arrow. This represents a 32.8% growth from 20,420 in 1990.

Of those housing units, 26,898 were located in either urbanized areas or urban clusters, and 225 were located in what is classified as a rural area.

Homeownership rate in Broken Arrow is about 78.9%. Broken Arrow's vacancy rate, including seasonal lodging, is about 3.4%. Average household size is 2.84 people.

The majority of houses, apartments or condos in Broken Arrow were built after 1982.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom5.80%
Two Bedrooms11.20%
Three Bedrooms56.40%
Four Bedrooms23.60%
Five Bedrooms or more2.30%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.92
Median year structure was built1983
Median Value of occupied units$99,000
Median Price asked for vacant units$109,800

Rented Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1978
Median Monthly Rent asked for vacant units$611

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage10%
Home Equity Loan6.90%
Simple Mortgage68.30%
Debt Free14.50%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs18%