If you’re looking to buy a house in a healthy real estate market in a bustling, modern city, you should seriously consider shopping for real estate in Oklahoma City. While you may think of OKC as a sleepy cowtown, you may be surprised to find out that it’s full of top-notch restaurants, trendy, walkable neighborhoods like the Paseo, Midtown and Deep Deuce and has an incredibly quirky and large arts scene.
Besides all of the art, food and sports (it’s true, you may have to convert to an OKC Thunder fan), first-time home buyers will also get to enjoy an amazingly affordable market. The median price of homes sold in Oklahoma City is just $148,900 and the HOI is 80.7, which means that 80.7% of homes sold are considered affordable based on income and housing costs, per the NAHB. And should you decide to buy in the Oklahoma City market, you’ll be glad to know you’re making a solid investment. Sales and price growth is predicted to go up about 3% over the next year, and if you decide to sell, it won’t take you long – most homes are on the market for just 62 days in Oklahoma City according to Zillow (the national average is about 65 days).