Bixby, OK
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Bixby Neighborhoods Since 2000




Bixby, OK Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Bixby Housing Market Information

With 24,657 people, 8,177 houses or apartments, and a median cost of homes of $270,761, Bixby real estate is some of the most expensive in Oklahoma, although Bixby home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Bixby, accounting for 81.07% of the city's housing units. Other types of housing that are prevalent in Bixby include large apartment complexes or high rise apartments ( 9.29%), mobile homes or trailers ( 5.56%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.20%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Bixby. Owner-occupied housing accounts for 77.75% of Bixby's homes, and 71.80% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Bixby built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Bixby built between 2000 and later ( 43.53%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.55%). There's also some housing in Bixby built before 1939 ( 1.21%).

Bixby Home Appreciation Rates

In the last 10 years, Bixby has experienced some of the highest home appreciation rates of any community in the nation. Bixby real estate appreciated 15.58% over the last ten years, which is an average annual home appreciation rate of 1.46%, putting Bixby in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Bixby definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Bixby's appreciation rate, at 4.32%, has been at or slightly above the national average. In the latest quarter, Bixby's appreciation rate has been 0.95%, which annualizes to a rate of 3.85%.

Relative to Oklahoma, our data show that Bixby's latest annual appreciation rate is higher than 70% of the other cities and towns in Oklahoma.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Bixby differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Bixby - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Bixby real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$270,761

Bixby, OK HOME PRICES

Value Range
> $1,118,000 0.8
$838,001 - $1,118,000 1.4
$559,001 - $838,000 4.4
$447,001 - $559,000 6.0
$335,001 - $447,000 16.5
$224,001 - $335,000 17.5
$112,001 - $224,000 40.6
$56,001 - $112,000 7.2
$0 - $56,000 5.7

Very High for OK
Very High for Nation

Value Relative to Nation Value Relative to State
19.6355326379937 0.604229607250755

Number Of Homes And Apartments:
8,177

Bixby Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
33.16% 1.67% 1 4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,408 / per month

Homeownership Rate

Homeownership
Owners 77.75
Renters 22.25
Vacant 7.46

Housing Market Details

 

Age of Homes

AGE OF Bixby HOMES
2000 or Newer 43.5
1970 - 1999 44.7
1940 - 1969 10.5
1939 or Older 1.2

Types of Homes

TYPE OF Bixby HOMES
Single-Family 81.1
Townhomes 1.9
Small Apt. Buildings 2.2
Apt. Complexes 9.3
Mobile Homes 5.6
Other 0.0

Home Size

SIZE OF Bixby HOMES
No Bedroom 0.40
1 Bedroom 5.41
2 Bedrooms 14.94
3 Bedrooms 44.52
4 Bedrooms 27.27
5 or more bedrooms 7.46