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These days, finding an affordable place to live in the Summerfield area can be challenging. Home prices in Summerfield are now at a median cost of $129,854, lower than the Oklahoma average of $210,566.
The average cost of rent is $704/mo in Summerfield, primarily driven by the current value of real estate in the Summerfield area. In Summerfield, 17.60% of households rent, and 61.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Summerfield is $4,887 per month. Households that rent pay about 14.40% of their income on rent here. Summerfield’s most expensive areas are in the eastern regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Reichert, OK: higher priced homes
- Fanshawe, OK: higher priced homes
- Le Flore, OK: higher priced homes
- Monroe, OK: less expensive homes
- Wister, OK: higher priced homes
- Whitesboro, OK: less expensive homes
- Red Oak, OK: less expensive homes
- Howe, OK: equally priced homes
- Zoe, OK: higher priced homes
- Forest Hill, OK: equally priced homes
Cities with Similar Populations
- Fredville, MO: higher priced homes
- Springdale, TN: higher priced homes
- Garneill, MT: higher priced homes
- Abington, CT: higher priced homes
- Gardner, VA: higher priced homes
- Gansville, LA: less expensive homes
- Winn, AL: higher priced homes
- Fulton, KS: higher priced homes
- Freeborn, MN: higher priced homes
- Whites Valley, PA: higher priced homes
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