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.

**Originally posted on the ShowMeOKC Real Estate Blog, where you’ll find out more about Oklahoma City, Edmond, Moore, and beyond.