In contrast to the negative news surrounding real estate nationwide in the last few years, the Oklahoma City housing market has shown a remarkable stability. While real estate markets in the hardest hit areas peaked as early as late 2005, and with prices still as much as 40 percent below their peak, Oklahoma City real estate prices still hold their peak value which was not reached until late 2011.
One key reason for this is a more value-driven market, which did not participate in the irrational price run ups of the boom years, and which makes new homes for sale in Oklahoma City, OK a good value in terms of price. And the ability of homes in this market to hold their value, even during the distressed climate nationwide, makes any new home purchased in the Oklahoma City area a good longer term investment.
Among the other reasons for Oklahoma City ‘s outstanding performance is a strong local economy, with good employment prospects fueled in large part by the burgeoning energy industry. In fact, Oklahoma City was rated the most economically secure of the 100 largest metro areas in the United States.
Oklahoma City has something to offer across the whole range of factors associated with a modern metropolitan area. For starters, a key factor is cost of living which is consistently below the national average in a number of areas, among the most notable being housing and utilities. Employment opportunities abound, as the community sees growth in bioscience, logistics and aerospace as well as energy.
The Bureau of Labor Statistics ranks the area with a low unemployment rate. Three of the 100 Best Companies to Work For, American Fidelity Assurance Co., Chesapeake Energy, and Devon Energy, are headquartered in Oklahoma City with a growing number of other large corporations having a significant presence as well. A business friendly environment, low cost living and recent large scale public improvement projects continues to attract employers, fueling an increasingly vibrant economy and increasing the value of new construction homes for sale in Oklahoma City, OK.
The metro area offers a range of education choices for those raising a family. The Oklahoma City public school district and a number of surrounding smaller districts offer quality public education and several of these districts include one or more National Blue Ribbon schools. There are as well a wide range of private schools in the metro area that offer a world class education to students. And the fastest growing segment of the educational opportunities within the Oklahoma City metro area may be charter schools, whose curriculum is often tailored to a specific learning style.
The weather has seasonal variations with more than 250 days of sunshine. And while the Great Plains are known for tornadoes, your chance of being involved with one is much smaller than you may think. The National Severe Storms Laboratory has calculated the chance of a tornado hitting a given point in Oklahoma as once in 1400 years --- pretty favorable odds for safety.
While residents of the metro area have an average commute time of less than 20 minutes, traveling to and from Oklahoma City from anywhere continues to get easier with an increasing number of direct flight connections offered by Will Rogers World Airport. As for things to do, Oklahoma City boasts a surprisingly strong arts community, with three major arts festivals each year.
True to its plains heritage, the city hosts more horse shows than anywhere in the world. In sports, Oklahoma City is a major league city, being home to the NBA ‘s Thunder and major college football fans have two top tier programs to follow within short driving distance of the metro area.
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The Tremont offers rich and refreshing exterior options, including stacked stone, smooth reveal panels, asymmetrical rooflines, and skillfully designed covered porches. T...
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#ReadySetLuxury - Look no further, this 3BR/2.5BA home has it all! Car enthusiasts, hobbyist & anyone seeking a HUGE garage will love the massive three car garage. Upon e...
Energy efficient single family residence located in the preferred Mustang School District with convenient access to the turnpike and Hwy 152 for a quick commute to OKC. T...
MOTIVATED SELLER Turn key residence minutes away from shopping, dining, entertainment, turnpike, and hospitals. Gated community, Edmond schools, low maintenance yard, and...
Move-in ready former model home located in the Deer Creek School District. This home is better than new with many upgrades including extensive landscaping, ample exterior...
This absolutely stunning new construction home in Oklahoma City is awaiting its newest owners and that could be you! The living room showcases 10ft Ceilings with a gorgeo...
Beautiful 3 bedroom, 2 bathroom with a Flex Room; offers the convenience of a 3 car garage. Storm Shelter is located in the garage floor for that added comfort. The open ...
Nothing can beat a home that is timeless! This English Tudor-styled home is located in our highly sought-after Oakdale school district! The open-concept layout draws you ...
Sitting on nearly .75 acre, this home offers so many features. Enter the home and you cannot miss the stunning views of the greenbelt & pond just steps out the back door....
Look at this fantastic opportunity! Less than a year old, with added features like window blinds and garage door opener, this 3 bed, 2 bath home is ready for your persona...
Brand new home in hard-to-get Gentry Crossing! Popular plan features 4 bedrooms, 2.5 baths, 3 car garage and more! The covered porch welcomes you into the open living/d...
*NEW CONSTRUCTION* 3 beds+2 baths Open Floor Plan features a ton of character. A spacious living with several windows allowing natural light to the room, it’s completely ...
The MITCHELL plan is loaded with curb appeal with its welcoming covered front porch and inviting front yard landscaping. This home features an open floor plan with 3 bedr...
This STUNNING 4 bedroom 2.5 bathroom 3 car garage home is located in the most sought after TALAVERA addition. Home sits on a larger lot and already has wood privacy fenci...
Recently built as a showhome with a long list of luxury amenities, this gorgeous home is "Like-New". Amenities include: smart home features, Generac back-up generator, ...
Significant Price improvement. Sellers are Motivated. You will love this home. It has a natural WOW Factor that features 3 Bedrooms and a Study that could be a bedroom. ...
Are you looking for a remarkable backyard oasis to come home to? This home has it with the beautiful heated pool, automatic cover, waterfall, circle slide, and "smart dec...
WOW! This home has it all! As you walk into this perfectly built home, you immediately notice it has all the upgrades. The open living room has a fireplace & lots of room...
BACK ON MARKET AT NO FAULT TO SELLERS! WELCOME TO FIELDSTONE DRIVE! This one owner home is located in Mustang School District, this house features 3 bed 2 bath with a ...
Welcome home to Twin Silos in Deer Creek Schools! The open concept Firestone floor plan presents the owner's suite and a guest room on the first level with the remaining...
$10,000 Builder Incentives. Beautiful new home in Mustang school district. Open floor plan offers 5 bedrooms (one bedroom can be opt. study), 3.5 bath plus bonus room, 3 ...
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