5 Oklahoma Cities With the Fastest Growing Home Prices

5 OK cities with the highest home prices graphic

Stacker used data from Zillow to create a list of the Oklahoma towns where property prices are increasing the quickest. The Zillow Home Values Index change in dollars for all properties from May 2021 to May 2022 is used to rank cities. Using Matplotlib, the charts in this article were generated automatically. Data was accessible for 475 towns and cities in Oklahoma. The top city on the list’s home prices increased by $115,127 in the previous 12 months.

#5 Limestone

  • Typical home value: $282,977
  • 1-year price change: +$47,285 (+20.1%)
  • 5-year price change: +$111,725 (+65.2%)
  • Metro area: Tulsa

At an altitude of 705 feet, Limestone is a census-designated place (CDP) in Rogers County, Oklahoma, in the United States. On Oklahoma State Highway 20, it is less than 10 miles west of Claremore, Oklahoma. 753 people called it home as of July 2020.

The CDP is entirely landlocked and has a total area of 3.2 square miles, according to the United States Census Bureau.

Demographics

The CDP has 745 residents as of the 2000 census, living in 252 homes with 214 families. There were 236.1 persons per square mile in the area. There were 258 houses, with a density of 81.8 per square mile. The CDP’s population was mostly White (85.23 percent), 4.97 percent Native American, 0.54 percent Asian, 1.07 percent from other races, and 8.19 percent from two or more races. 1.34 percent of the population identified as Hispanic or Latino, regardless of race.

There were 252 houses, of which six percent had a female householder without a husband present, 40.5 percent had children under the age of 18, 76.2 percent were married couples living together, and 14.7 percent were not families. One person lived alone who was 65 years of age or older in 3.6 percent of all homes, which comprised 11.5 percent of all households. There were 2.96 people per home and 3.22 people per family on average.

Population distribution in the CDP showed that 28.6 percent of people were under the age of 18, 5.8 percent were between the ages of 18 and 24, 28.5 percent were between the ages of 25 and 44, 28.3 percent were between the ages of 45 and 64, and 8.9 percent were 65 or older. The average age was 38. There were 103.6 men for every 100 females. There were 101.5 men for every 100 females age 18 and above.

In the CDP, the median income for a family was $56,625, and the median income for a household was $51,750. The median income for men was $56,042 compared to $30,089 for women. The CDP has a per capita income of $21,035. No one under the age of 18 and 39.4% of those over the age of 65 lived in poverty, although 8.8% of families and 5.2 percent of the population overall did.

Source: Wikipedia

#4 Edmond

  • Typical home value: $319,765
  • 1-year price change: +$49,354 (+18.3%)
  • 5-year price change: +$87,348 (+37.6%)
  • Metro area: Oklahoma City

In the heart of the state, in Oklahoma County, sits the city of Edmond, which is also a component of the Oklahoma City metropolitan region. According to the 2020 United States Census, there were 94,428 people living there, making it Oklahoma’s fifth-largest city.

The community abuts Oklahoma City’s northern limit. Bus service offered by Citylink Edmond serves as public transportation.

In Oklahoma County, Edmond is situated just to the north of Oklahoma City. The city has a total area of 87.9 square miles, of which 85.1 square miles are land and 2.8 square miles, or 3.19 percent, are water, according to the United States Census Bureau. Fish species found at Arcadia Lake, which lies on the city’s eastern edge, include bluegill, channel catfish, blue catfish, and largemouth bass. A second lake in the city is called Twin Bridges Lake.

Edmond is located in the Sandstone Hills area of Central Oklahoma, which is famous for its hills, post oaks, and blackjack oaks. The city is located in the Cross Timbers, an ecological area.

There are around 37,000 dwelling units and 94,000 inhabitants, according to ESRI estimates. The estimated racial/ethnic composition of the population is as follows: 79.8 percent white, 5.8 percent black, 2.7 percent American Indian, 4.1 percent Asian, 0.1 percent Pacific Islander, 2.5 percent other race, and 5 percent two or more races. The Hispanic population makes up 7.2 percent of the total population. There are 48.5 percent men and 51.5 percent women in the population. Residents’ median age is 36.3 years, which is younger than Oklahoma’s median age of 37.8 years. $101,811 is the average annual family income.

Edmond is home to the grocery brand Crest Foods. A significant employer is Central Oklahoma University. Wholesale trade, light manufacturing, information, and professional, scientific, and technical services are a few of the sectors that Edmond is focusing on.

Source: Wikipedia

#3 Piedmont

  • Typical home value: $294,635
  • 1-year price change: +$52,646 (+21.8%)
  • 5-year price change: +$87,450 (+42.2%)
  • Metro area: Oklahoma City

Although a tiny portion of it is in Kingfisher County, the majority of Piedmont is located in Canadian County. The Oklahoma City Metropolitan Area includes it. At the 2010 census, there were 5,720 people living there, up from 3,650 in 2000 at a rate of 56.7 percent. Piedmont is a self-governing city run by a council-manager system.

The town of Piedmont is situated in Canadian County’s northeastern region. Yukon is 10 kilometers away to the north. The boundaries of Oklahoma City are on its southern boundary. 22 miles northwest of Oklahoma City’s downtown is where Piedmont is located.

Piedmont has a total area of 44.1 square miles, of which 43.6 square miles are land and 0.46 square miles, or 1.02 percent, are water, according to the United States Census Bureau.

There are a lot of plains and crops growing in Piedmont, which means there are a lot of farmers.

In the city as of the 2010 Census, there were 1,836 homes with a total population of 5,720. There were 83.3 individuals per square mile in the area. At a density of 29.0 housing units per square mile, there were 1,270 housing units. In 2010, the city’s population was composed of 87.7 percent white people, 1 percent African Americans, 3.4 percent Native Americans, 0.07 percent Asians, and 3.7 percent of mixed ethnic origin. 4.8 percent of the population identified as as Hispanic or Latino. There were 1,226 households listed in the Census of 2000, of which 49.3 percent had children under the age of 18, 78.4 percent were married couples living together, 7.2 percent were headed by women alone, and 11.6 percent were not families. 9.9 percent of all households consisted only of persons, and 2.8 percent of those included a resident 65 or older living alone. There were 2.98 people per home and 3.18 people per family on average.

The population of the city was dispersed, with 6.4 percent of people aged 18 to 24 and 32.5 percent of people aged 25 to 44, 23.2 percent of people aged 45 to 64, and 31.3 percent of those aged 65 or older. The average age was 35. There were 99.6 men for every 100 females. There were 97.3 men for every 100 females that were at least 18 years old.

From 2006 to 2010, the city’s median household income was $85,313 and the typical family income was $57,121. The median salary for men was $37,273 compared to $26,332 for women. The city’s median household income was $33,694. Four percent of households and four percent of the population, including 4.6 percent of children under 18 and 1.4 percent of those 65 and over, lived in poverty.

Source: Wikipedia

#2 Lane

  • Typical home value: $222,493
  • 1-year price change: +$56,222 (+33.8%)
  • 5-year price change: data not available
  • Metro area: not in a metro area

Atoka County is home to an unincorporated community known as ‘Lane,’ which is also a census-designated place.

On October 6, 1902, a post office was opened at Lane, which was located in Indian Territory. The new post office was built in a building that was at the end of a lane that was surrounded by rail fence, which is where the name of the facility came from. At the time that it was established, the town of Lane could be found in what was then known as Atoka County, which belonged to the Choctaw Nation.

414 people were counted during the census that was carried out in the CDP in the year 2010.

The community of Lane may be found along State Highway 3 about 10 miles southeast of Atoka.

Lane Frost, who won the world rodeo championship between the years 1963 and 1989, and his parents still reside in Lane. Atoka was where Frost received his high school diploma.

Source: Wikipedia

#1 Nichols Hills

  • Typical home value: $884,771
  • 1-year price change: +$115,127 (+15.0%)
  • 5-year price change: +$211,032 (+31.3%)
  • Metro area: Oklahoma City

Nichols Hills is a city located in Oklahoma County and is included in the metropolitan region that encompasses Oklahoma City.

According to the data provided by the United States Census Bureau, the city has a total area of 2.0 square miles, 2.0 square miles of which are comprised of land, while the remaining 0.50 percent is comprised of water.

In the year 2020, the population of Nichols Hills was 4,085. The current yearly growth rate for Nichols Hills is 1.21 percent, and the city’s population has expanded by 10.49 percent from the most recent census, which reported a population of 3,697 residents in 2010. There are 4.04 percent of people living in poverty in Nichols Hills despite the fact that the average family income there is $310,749.

Source: Wikipedia

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