Bixby, Oklahoma Housing Market Prices
Bixby Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 238% above the Oklahoma median$450,717
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Median rent 46% above the Oklahoma median$1,478
Housing Market Overview
| Metric | Bixby | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,717 | $133,462 | $248,835 |
| Price Trend (Annual %) | 13.2% | 5.4% | 7.5% |
| Median Gross Rent | $1,478 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 6.3% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bixby is about 238% higher than in Oklahoma. Rent is about 46% higher than the Oklahoma average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Bixby, up about 13.2% and 6.3% a year respectively. Home prices are changing faster.
Median rent in Bixby rose about 62.6% between 2015 and 2024, from $909 to $1,478. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 4.0 yearly household incomes in Bixby.
Buying the median-priced home in Bixby costs roughly 25.4 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bixby. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Bixby | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $450,717 | $133,462 | $248,835 |
| Median Household Income | $111,510 | $65,606 | $80,455 |
| Price-to-Income Ratio | 4.0 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bixby rose about 128.1%, while median household income rose about 43.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Bixby | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 76.5% | 57.9% | 58.5% |
| Rental Rate | 18.8% | 30.1% | 31.2% |
| Vacancy Rate | 4.6% | 12.0% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Bixby has a homeownership rate of 76.5%, higher than the Oklahoma average of 57.9%. Its housing vacancy rate is 4.6%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Bixby | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.73 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 2000 | 1981 | 1978 |
| Median Number of Rooms | 6.9 | 5.5 | 5.5 |
The typical housing unit in Bixby was built around 2000. On average, 2.7 people live in a home with about 6.9 rooms, staying for about 11.0 years on average.
Bixby, OK Housing Compared With Nearby Cities
How Bixby, OK compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bixby, OK | 24,819 | $450,717 #1/3 | $1,478 #2/3 | 80.2% #1/3 |
| Jenks, OK | 23,435 | $416,703 | $1,578 | 77.8% |
| Broken Arrow, OK | 112,740 | $271,797 | $1,336 | 72.7% |
Frequently Asked Questions
Common questions about the housing market in Bixby, Oklahoma.
What is the median home price in Bixby, Oklahoma?
The median home price in Bixby, Oklahoma is $450,717, higher than the Oklahoma average of $133,462.
What is the average home price in Bixby, Oklahoma?
The typical home price in Bixby, Oklahoma, reported as the median sale price, is $450,717. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Bixby, Oklahoma?
The median gross rent in Bixby, Oklahoma is $1,478 per month, higher than the Oklahoma average of $1,014.
What was the median gross rent in Bixby in 2020?
In 2020, the median gross rent in Bixby, Oklahoma was $1,152 per month.
What is the price-to-rent ratio in Bixby, Oklahoma?
The price-to-rent ratio in Bixby, Oklahoma is about 25.4, meaning it would take roughly 25.4 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Bixby.
Are home prices or rent rising faster in Bixby, Oklahoma?
Both home prices and rent are rising in Bixby, up about 13.2% and 6.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Bixby, Oklahoma?
76.5% of households in Bixby, Oklahoma own their home, higher than the Oklahoma average of 57.9%.
What is the vacancy rate in Bixby, Oklahoma?
The housing vacancy rate in Bixby, Oklahoma is 4.6%, lower than the Oklahoma average of 12.0%.
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