Oklahoma City, OK

Population: 595,542
Average annual home appreciation rate: -0.11%
Total of homes for sale in this market:
Median home price: $128,550
Median Rent: $568 per room
Home price range: 44.62% of homes are between $103,001 – $206,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 67.46% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 11.99%
Number of renters: 38.62%
Number of owner occupied: 61.38%
Number people living below poverty level: 17.12%
Unemployment rate: 5.40%
Is this area perfect for real estate deals going on right now? There is always opportunity for savvy real estate investors in a market that has been ‘down’ for some time…. Especially now, with lower home price , higher than average rental rates, mulitiple vacant/troubled properties available on the market, and an appreciation rates that could be on the beginings of an uptrend…this could be the ‘perfect storm’ for the savvy real estate investor.

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