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 Type | 0.70% |
| One Bedroom | 5.80% |
| Two Bedrooms | 11.20% |
| Three Bedrooms | 56.40% |
| Four Bedrooms | 23.60% |
| Five Bedrooms or more | 2.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.92 |
| Median year structure was built | 1983 |
| Median Value of occupied units | $99,000 |
| Median Price asked for vacant units | $109,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $611 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.30% |
| Second Mortgage | 10% |
| Home Equity Loan | 6.90% |
| Simple Mortgage | 68.30% |
| Debt Free | 14.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18% |
