Best Cities for Starter Homes

One fact that’s undeniable is the affordability of housing in Oklahoma. On a national scale, we rock! So, it’s probably not a surprise to anyone around here that Oklahoma City was recently ranked by CNBC.com in the Top 10 of “Best Cities for Starter Homes,” right?

Well, I’m going to brag about it anyway. Just another of many feathers in the cap of our great city!

Zillow median home value: $121,100
Month-over-month change: +1.55%
Avg monthly mortgage payment: $588.29
Mortgage payment as % of income: 15%
Unemployment rate: 6.4%
Cost of living: 83.1

There have now been seven consecutive months of significant monthly appreciation in Oklahoma City, which also has a relatively low unemployment rate of 6.4%. In addition, median home values are over $60,000 less than the national average in the city.

[where: Oklahoma City, OK]

Related Posts Plugin for WordPress, Blogger...
Ryan Hukill About Ryan Hukill

I'm the founder and creative Firestarter behind the ShowMeOKC Team. I love this great city and all that's going on here, and really love showing it off and helping to break the age-old stereotypes.

I married up, am Dad to 5, friend to many, motorcycle-junkie, traveler, camper, jeeper, OU & OKC Thunder fanatic, and love a great steak, a great cup of coffee, and great techie things.