Oklahoma City, OK

The Oklahoma City, OK metropolitan statistical area (MSA) is currently experiencing a housing market boom. The combination of low interest rates and an influx of new residents has resulted in increased demand for both rental and purchase properties. The average home price in the MSA has increased by 5% over the past year, and is predicted to continue to rise in the coming months.

Investors are taking advantage of the current market conditions by purchasing properties that can be rented out or sold at a profit later. Many first-time home buyers are also taking advantage of the low interest rates and are entering the market sooner than they had originally planned. The result is a competitive housing market with multiple offers on desirable properties.

Those who are looking to buy or rent a property in the Oklahoma City MSA should do so sooner rather than later. Prices are expected to continue to rise as demand remains high, so it’s best to get into the market before prices become unaffordable.