With a population over half a million, Oklahoma City is a place where people can find a lot to enjoy. Sports fans can come together around a solid team in the Oklahoma City Thunder, while those with an interest in history can visit Overholser Mansion whenever the mood strikes. Although these are the more well-known attractions, its actually little things like the Central Banks wavy drive-thru coupled with familiar sights like the State Capitol that contribute to the city's unique charm. If youre looking for a fantastic place to settle down, you cant go wrong with Oklahoma City.
While Oklahoma Citys median home sale price is listed at $130,000, the average home sale price is set at $199,000. In addition, roughly 60.6% of homes are owned. Put simply, there are a lot of fantastic deals to be found here. Since the annual residential turnover percentage is 19.73%, theres also something to be said for the pace of this real estate market.
Naturally, you may be wondering how all of this impacts your chances of finding the house of your dreams.
First of all, the numbers indicate that you have a good chance of finding a home that has all the square footage and features youre looking for. With homes being owned roughly 60.6% of the time, theres something to be said for the stability of this real estate market as well. Whether youre looking at rent to own houses or sticking firmly to the outright purchasing of property, odds are good that youll be able to find what youre looking for in Oklahoma City.
Oklahoma City benefits from the fact that it has a variety of thriving industries contributing to it. Due to the makeup of the citys major employers, its clear that health care, government, and the military are sectors that play a key part in strengthening the local economy. Technology is another field that has grown tremendously along with the energy sector. In addition, Oklahoma City enjoys a strong market for farm products as well.
The citys largest employers fall under five basic categories: Military, Government, Aerospace, Healthcare, and Higher Education.
Topping the list with over 40,000 employees is the State of Oklahoma. The other public sector employer in the top 7 list is the City of Oklahoma City. For the military, the Tinker Air Force Base hires over 25,000 workers. Meanwhile, OUs Norman Campus and its Health Sciences Center hire well over 15,000 employees between them. Finally, the FAA Mike Monroney Aeronautical Center and INTEGRIS Health round out the list under the aerospace and healthcare categories respectively.
Getting around isnt a problem here since Oklahoma City boasts a practical public transportation system courtesy of METRO Transit.
If you're a student or just someone who doesn't like to do a lot of driving, you're in luck. Of course, the bus stops all over the downtown and state capitol areas aren't particularly surprising. With buses going everywhere from Mercy Health Center to the Metro Tech South Bryant Campus, however, getting around town is a cinch.
What's the best part of this all? The fact that plans have been made to further improve the local transit system. Long-term residents and newcomers alike are sure to appreciate the changes.
Oklahoma Citys neighborhoods are determined by a combination of zoning laws and physical location since the North Canadian River divides the city in half. In the larger sense, the various areas are known as Downtown, Midtown, Inner City South, Uptown, Northeast and Northwest. Here are some of specific neighborhoods that houses have been selling in:
Gatewood UCD: Situated conveniently near Meinders School of Business and Oklahoma City University, Gatewood UCD is an ideal location for students and faculty members. With restaurants like Urban Wine Works and The Mule located here, the eating establishments in this area cater to the tastes of the sophisticated diner.
Quail Creek: Putting questions of rental homes versus real property aside, Quail Creek is a place where the whole family can grow and live. Quail Creek Elementary School and Eisenhower Elementary School are two of several nearby schools for younger children. The Quail Creek Golf & Country Club is the perfect hangout spot for golf-lovers while Lumpys Sports Grill and Shogun Steak House of Japan are just a couple of the restaurants that will offer residents a diverse selection of eating choices.
Cleveland UCD: This is a neighborhood that appeals to the broadest number of people possible. Shepherd Mall is the place to be whenever you want to get a little shopping done. For those whose preferences lean towards academics and the unusual, the Gold Dome and the Oklahoma History Center are landmarks worth checking out.
Mesta Park: Mesta Park is another attractive location thats been very popular with homebuyers as of late. To that end, Harkins Bricktown and Carpenter Square are two shopping centers youll want to check out when youve got some free time. In addition, spots like Banana Island and Samurai Sushi & Grill make it easy to unwind at night.
The Greens: Located right beside Quail Creek, the Greens is another neighborhood that has been growing by leaps and bounds. With both Oklahoma Heart Hospital and Mercy Health Center right in the area, residents dont have to worry about being unable to get medical attention. Legacy Bank and Chase make it easier than ever to withdraw cash and generally go about your life. Finally, nature-lovers have a fantastic getaway spot in Martin Park. At the park youll find water, gorgeous natural scenery, and even a small playground the kids are sure to love.
With its interesting history and the continued development of its local economy, Oklahoma City is a fantastic place to live. Houses are reasonably-priced and with the real estate market moving pretty quickly on a monthly basis, youre sure to find a home that appeals to your personal tastes. Whether youre a nature-lover, an urbanite, or something in between, theres something for everyone here.
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