Bixby, OK Real Estate Market

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 Q4 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Bixby, OK Housing Market Trends

With a population of 27,944, 9,438 total housing units (homes and apartments), and a median house value of $295,303, 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 80.38% of the city's housing units. Other types of housing that are prevalent in Bixby include large apartment complexes or high rise apartments ( 11.43%), mobile homes or trailers ( 4.66%), and a few row houses and other attached homes ( 2.30%).

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 76.81% of Bixby's homes, and 70.33% have either three or four bedrooms, which is average sized relative to America.

Bixby homes and real estate are some of the newest in America. 50.72% of Bixby's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Bixby real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 38.29%), and between 1940-1969 ( 9.64%). There's also some housing in Bixby built before 1939 ( 1.35%).

Bixby Home Appreciation Rates

Appreciation rates for homes in Bixby have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 32.24%, which ranks in the top 50% nationwide. This equates to an annual average Bixby house appreciation rate of 2.83%.

Over the last year, Bixby appreciation rates have trailed the rest of the nation. In the last twelve months, Bixby's appreciation rate has been 4.90%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Bixby were at 1.74%, which equates to an annual appreciation rate of 7.16%.

Relative to Oklahoma, our data show that Bixby's latest annual appreciation rate is lower than 80% 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:
$295,303

Bixby, OK HOME PRICES

> $1,149,000
1.4%
1.4%
$862,001 - $1,149,000
1.2%
1.2%
$575,001 - $862,000
5.7%
5.7%
$460,001 - $575,000
7.6%
7.6%
$345,001 - $460,000
18.1%
18.1%
$230,001 - $345,000
23.7%
23.7%
$115,001 - $230,000
34.0%
34.0%
$57,001 - $115,000
3.7%
3.7%
$0 - $57,000
4.5%
4.5%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for OK

Value Relative To Nation

Number Of Homes And Apartments:
9,438

Bixby Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OK*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
58.58% 2.22%
2
4
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,566 / per month

Homeownership Rate

Owners
76.8%
76.8%
Renters
23.2%
23.2%
Vacant
6.1%
6.1%
0.0% 100.0%
% OF HOMES

Housing Market Details

 

Age of Homes

2000 or Newer
50.7%
50.7%
1970 - 1999
38.3%
38.3%
1940 - 1969
9.6%
9.6%
1939 or Older
1.4%
1.4%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
80.4%
80.4%
Townhomes
2.3%
2.3%
Small Apt. Buildings
1.2%
1.2%
Apt. Complexes
11.4%
11.4%
Mobile Homes
4.7%
4.7%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.0%
1.0%
1 Bedroom
7.0%
7.0%
2 Bedrooms
13.2%
13.2%
3 Bedrooms
42.3%
42.3%
4 Bedrooms
28.0%
28.0%
5 or more bedrooms
8.5%
8.5%
0.0% 100.0%
% OF HOMES