Real Estate Relocation Guide To Oklahoma

Relocating from Chicago to Oklahoma is a major move. You’re crossing state lines and heading 700 miles to find a new home in a different community. By familiarizing yourself with the local real estate market, whether your destination is Oklahoma City or Tulsa you can get a good idea of the Oklahoma landscape and locate the best area for you and your family.

We’ll start with the big picture… Oklahoma has an estimated population of 3.5 million* and around 68,600 square miles of land. The total number of housing units is 1,607,416, of which about 950,400 are owner-occupied and 434,900 are inhabited by renters. Roughly 222,000, or 13.8 percent, of the residences in the state are vacant. The median home value in Oklahoma is $94,500 and the median household income is $38,770. For an idea of how this sizes up with national averages – the median home value in the U.S. is $185,200 and the median household income is $48,451.

Statewide figures provide a good overview of Oklahoma, but when you’re planning to relocate to the region, knowing what types of housing are available is the most important thing. So here’s a breakdown of what Oklahoma real estate has to offer…

About 25,500 homes in Oklahoma are new construction, developed in 2005 or after (another 112,900 were put up between 2000 and 2004). Oklahoma has its share of vintage charm as well with 151,800 residences built prior to 1940. The total number of detached, single-family houses across the state is 1.1 million, and there’s also a good selection of multi-unit residences and condos. Most homes have 3 bedrooms, but size varies greatly depending on where you look. And, in case you’re wondering about how your budget will pan out in The Sooner State, monthly mortgage costs in [Alabama] generally hover between $700 and 1,500.

Relocation Resources

Oklahoma Real Estate
Oklahoma Real Estate. We buy homes, Lease to own homes in the state of Oklahoma. Second Chance Financing, Home ownership is just a step away.

Bixby Real Estate, Jenks Real Estate, and Tulsa County - Jill Falkenberry
Real Estate information and homes for sale in Tulsa, Bixby, Jenks, and Tulsa County.

*All statistics are from the 2006 American Community Survey as shown on the U.S. Census Bureau website.
Sources: factfinder.census.gov and www.city-data.com