OKC VeloCity | OKC metro ranks No. 3 in the U.S. for most affordable places to buy newly constructed home | VeloCityOKC

OKC metro ranks No. 3 in the U.S. for most affordable places to buy newly constructed home

By Eric Long / Economy / May 27, 2022

Most affordable metros to purchase a newly constructed home (2021)

Related: OKC named among 'most affordable places to buy a new home'

To find the best places to buy a brand-new home, Realtor.com analyzed the median sales price of newly constructed homes in more than 500 metro areas in December 2021.

OKC’s high ranking is primarily attributed to its abundance of obstacle-free, affordable land, which makes it easier for builders to construct homes quickly and inexpensively.

For comprehensive Economic Indicators and Regional Data, please visit your Greater Oklahoma City Chamber Economic Development Division at www.greateroklahomacity.com or contact Eric Long, Research Economist – 405-297-8976; [email protected]

DID YOU KNOW?
Get regional demographic data, consumer expenditure information, labor force data for the Greater Oklahoma City Region and more at greateroklahomacity.com.

This article originally appeared in the May 2022 edition of the VeloCity newsletter.

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