There are currently 172,340 real estate properties in OKLAHOMA CITY, OK, with a median automated valuation model (AVM) price of $149,800.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in OKLAHOMA CITY, OK, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in OKLAHOMA CITY, OK, is $173,398.00, with the most expensive house in OKLAHOMA CITY, OK, topping out at $7,510,000.00 and the cheapest home in OKLAHOMA CITY, OK, clocking in at $20,000.00. In other words, there’s something for every potential homebuyer or savvy investor in OKLAHOMA CITY, OK!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in OKLAHOMA CITY, OK, is on a rollercoaster ride. The average rent price in OKLAHOMA CITY, OK, is $1,210.00. Indeed, when looking to rent in OKLAHOMA CITY, OK, you can expect to pay as little as $440.00 or as much as $4,120.00, with the average rent median estimated to be $1,130.00. The good news is that finding an affordable and desirable property to rent in OKLAHOMA CITY, OK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.