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These days, finding an affordable place to live in the Faxon area can be challenging. Home prices in Faxon are now at a median cost of $226,539, higher than the Oklahoma average of $210,566.
The average cost of rent is $921/mo in Faxon, primarily driven by the current value of real estate in the Faxon area. In Faxon, 11.33% of households rent, and 44.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Faxon is $7,232 per month. Households that rent pay about 12.73% of their income on rent here. Faxon’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Chattanooga, OK: less expensive homes
- Geronimo, OK: less expensive homes
- Loveland, OK: less expensive homes
- Walters, OK: less expensive homes
- Hollister, OK: less expensive homes
- Manitou, OK: less expensive homes
- Frederick, OK: less expensive homes
- Corum, OK: less expensive homes
- Empire City, OK: less expensive homes
- Tipton, OK: less expensive homes
Cities with Similar Populations
- Indianola, NE: less expensive homes
- West Portal, NJ: higher priced homes
- West Oneonta, NY: less expensive homes
- Hillview, MN: higher priced homes
- West Lincoln, MS: less expensive homes
- Hobson City, AL: less expensive homes
- West Carlisle, TX: less expensive homes
- Weber, MN: higher priced homes
- Wayne, MO: less expensive homes
- Watkins, OH: higher priced homes
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