Tulsa ranks #6 of 10 most affordable housing markets nationally.

Tulsa ranks #6 of 10 most affordable housing markets nationally.

 

Tulsa Ranks 6th in the 10 Most Affordable Housing Markets Nationwide Tulsa Business Staff 3/12/2008. According to a recent BusinessWeek report, Tulsa ranks sixth in the 10 most affordable U.S. markets, with the 2007 average home sale price of $153,750, while Oklahoma City ranks among the most expensive with a 2007 average home sales price of $193,750.
The information is based on an annual Coldwell Banker Home Price Comparison Index, which is a comparison of homes across the country. The survey evaluates average selling prices in 317 U.S. markets for single-family houses of about 2,220 SF with four bedrooms, two-and-a-half baths, a family room, and a two-car garage. The cumulative average sales price of these subject homes is $422,343, considerably higher than the National Association of Realtors median home price of $218,200 for all existing homes sold in the U.S. The most affordable markets in the country were: Minot, N.D.; Killen, Tex. ($140,310); Arlington, Tex. ($140,975); Grayling, Mich. ($144,250); Topeka, Kan. ($148,050); Canton, Ohio ($148,333); Tulsa, Okla. ($148,575); Billings, Mont. ($150,141); Fort Worth, Tex. ($151,250); and Cadillac, Mich. ($151,530). Kensellshomes@aol.com http://www.greatertulsahomesales.com KenSellsHomes