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Oklahoma Real Estate


According to census data in the year 2000 there were 1,514,400 housing units in Oklahoma. This represents a 7.7% from 1,406,499 in 1990.

Of those housing units, 985,150 were located in either urbanized areas or urban clusters, and 529,250 were located in what is classified as a rural area.

Homeownership rate in Oklahoma is about 68.4%. Oklahoma's vacancy rate, including seasonal lodging, is about 11.4%. Average household size is 2.49 people.

The majority of houses, apartments or condos in Oklahoma were built after 1972.

Statistics

Housing Size

Housing Units by Size
Studio Type1.7%
One Bedroom11.4%
Two Bedrooms29.5%
Three Bedrooms46.2%
Four Bedrooms9.9%
Five Bedrooms or more1.3%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1973
Median Value of occupied units$70,700
Median Price asked for vacant units$43,300

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1971
Median Monthly Rent asked for vacant units$344

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.1%
Second Mortgage6.4%
Home Equity Loan4.0%
Simple Mortgage52.3%
Debt Free37.2%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs16.2%

Cities & Towns


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