Median real estate price in the City Center of Broken Arrow is $92,388, which is more expensive than 38.4% of the neighborhoods in Oklahoma and 14.7% of the neighborhoods in the U.S.
The average rental price in Broken Arrow City Center is currently $1,092, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 83.1% of the neighborhoods in Oklahoma.
Broken Arrow City Center is a suburban neighborhood (based on population density) located in Broken Arrow, Oklahoma.
Real estate in the City Center of Broken Arrow, OK is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the City Center neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Broken Arrow City Center has a 12.6% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 65.9% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.