OKC's outperforming real estate market

As featured in the Journal Record

House-hunting typically peaks over the summer, especially in June and July. Like many other industries, Oklahoma City's real estate market is a hidden gem that continually outperforms other similarly sized urban areas. With so many new dwellings under construction across the city and many neighborhoods in the midst of exciting restoration projects, Oklahoma City is quickly becoming a real estate hotspot.

So far this year, Oklahoma City's real estate market offers a compelling blend of affordability, economic resilience, and growth potential. With OKC housing prices remaining well below national averages, now is the time to invest in residential and commercial spaces. As the city continues to have a low average cost of quality living and a growing population, residents can easily thrive and find work in a variety of growing sectors, including high-paying fields like technology and aerospace.

Through work with the Oklahoma City Urban Renewal Authority (OCURA), an entity of the Alliance for Economic Development of Oklahoma City, the city has made strides in providing infill housing. This includes efforts to use vacant lots to grow affordable housing in established neighborhoods. This is thoughtful and strategic growth, and as the city grows, property values will climb. As of May 2025, this spring's real estate prices were up 3.4% compared to last year, and as more people and businesses flock to the city, these prices will continue to grow. While in many ways this is a signal of a healthy economy, the city should continue to invest in affordable, accessible housing.

Read the rest of the column in the Journal Record.

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