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Oklahoma City, OK Real Estate


According to census data in the year 2000 there were 228,188 housing units in Oklahoma City. This represents a 7.4% growth from 212,367 in 1990.

Of those housing units, 214,239 were located in either urbanized areas or urban clusters, and 13,949 were located in what is classified as a rural area.

Homeownership rate in Oklahoma City is about 59.5%. Oklahoma City's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.41 people.

The majority of houses, apartments or condos in Oklahoma City were built after 1971.

Statistics

Housing Size

Housing Units by Size
Studio Type2.60%
One Bedroom17.20%
Two Bedrooms29.80%
Three Bedrooms39.80%
Four Bedrooms9.60%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1971
Median Value of occupied units$80,300
Median Price asked for vacant units$64,000

Rented Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1972
Median Monthly Rent asked for vacant units$376

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage7.40%
Home Equity Loan5.20%
Simple Mortgage55.10%
Debt Free32%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.3%