Moore, Oklahoma, is known throughout the state for its suburban charm and community spirit

Its proximity to Oklahoma City, coupled with its uniquely affordable homes for sale make it a sought-after location for those seeking a blend of suburban living and the convenience of city amenities.

The city’s parks, school districts, and community events paint a picture of a thriving, family-friendly environment. 

Homes for sale in Moore, OK reflect the city’s growing appeal. Many neighborhoods present diverse properties which range from cozy single-family homes to spacious estates. If you are looking to buy a home in Moore, browse our exclusive listings of homes for sale. Pick a property or neighborhood you like, then schedule a free consultation call with one of our local real estate agents.

Moore, Oklahoma, Real Estate Market Overview

Moore, OK’s real estate market in 2023 presents an intriguing landscape for prospective homebuyers and investors. As of November 2023, the median listing home price in Moore stood at $251.5K, reflecting an upward trend of 11.8% compared to the previous year. 

This increase signifies a growing demand in the area, influenced by Moore’s appealing community features and proximity to Oklahoma City. The median listing price per square foot was $155, and the median sold home price reached $214K, indicating a solid market for sellers and buyers.

The market dynamics suggest a buyer’s market, where the supply of homes exceeds the demand. This is evident from the sale-to-list price ratio of 99.5%, meaning homes in Moore generally sell for approximately the asking price. The sale-to-list price ratio saw a slight year-over-year decrease of 0.62 points. 

Interestingly, 26.9% of homes sold above the list price, although this represents a decrease from the previous year. Additionally, 27.2% of homes experienced price drops, again a decrease from the year before. These statistics point to a competitive yet balanced market, offering opportunities for negotiation and choice for buyers.

What Makes Moore, OK, an Ideal City to Buy a Home in?

Moore, OK, is an Affordable City to Live In

Moore, OK, offers a unique blend of affordability and quality living. The median home price in Moore, currently standing at around $251.5K, is notably more accessible compared to many urban areas. 

This affordability extends to the cost of living, which includes day-to-day expenses like groceries, utilities, and transportation. Moore offers the perks of city living without the hefty price tag often associated with larger metropolitan areas.

Community and Safety is Important to Moore Residents

The community in Moore stands out for its friendliness and safety. Residents often highlight the strong sense of community and the welcoming atmosphere that pervades the city. This sense of belonging makes Moore an ideal place for families, retirees, and singles alike. 

The city’s commitment to safety and community well-being further enhances its appeal. With well-maintained parks, active community centers, and frequent local events, Moore fosters a connected and secure community environment.

Moore is Strategically Located to City Amenities

Moore’s strategic location offers the best of both worlds – it’s close enough to Oklahoma City to benefit from its amenities and job opportunities, yet it maintains a distinct, quieter suburban character. 

This proximity to a major urban center means residents have easy access to a broader range of services, entertainment, and dining options. Moreover, Moore itself boasts an array of local amenities, including shopping centers, restaurants, and recreational facilities, making it an ideal city for those looking to buy a home with convenience and lifestyle in mind.

Types of Homes in Moore, Oklahoma

Single-Family Homes in Moore, OK

Single-family homes are a prevalent choice in Moore, OK. These homes cater to a wide range of preferences and needs. They often come with ample yard space, providing privacy and room for outdoor activities. 

Most homes can comfortably accommodate small and medium-sized families while offering space for growth and personalization. The variety ranges from modest, cozy bungalows to larger, more luxurious residences. This diversity ensures that buyers with different budgets and lifestyle requirements can find suitable homes in the city.

Moore, OK, Townhouses and Condos

Townhouses and condos provide an alternative for those seeking a more communal living experience or a lower-maintenance lifestyle. These properties are ideal for first-time homebuyers, singles, or smaller families. They often come with amenities like shared pools, fitness centers, and common areas. 

The maintenance and landscaping are usually handled by a homeowners’ association, simplifying upkeep for residents. This type of property is becoming increasingly popular in Moore, reflecting a trend towards more compact and community-oriented living.

New Housing Developments in Moore, OK

Moore, OK, also boasts new development properties. These newly built homes offer modern amenities, energy efficiency, and contemporary designs. They appeal to buyers looking for a turn-key solution, where they can move in without needing renovations or updates. 

These new developments often form part of planned communities, featuring parks, walking trails, and community centers. They provide a blend of modern living and community spirit, appealing to a wide range of homebuyers in Moore.

Man and Woman Sitting on Green Grass Lawn

Find and Buy a Home in Moore, Oklahoma, with Ardor Homes

There are plenty of homes for sale in Moore, OK to suit almost every budget for prospective homebuyers. The affordability of property and great social amenities have made the city a sought-after residential location for families, seasoned professionals, and retirees. 

However, this demand has created a little bit of red tape for new home buyers (as it does in most cities where residential property is in high demand.) Today, navigating the real estate market in Moore, OK, can be a complex and time-consuming journey.

Finding the ideal home among the many homes for sale in Moore, OK, and closing the deal involves numerous steps, each with intricate details and potential bureaucratic hurdles. From understanding zoning regulations to navigating mortgage approvals, the process demands expertise and patience. 

Ardor Homes, Oklahoma simplifies the process of purchasing homes in Moore. We have a wide the most exclusive property listings in the state of Oklahoma. All you need to do is pick a property or a neighborhood that interests you, then schedule a free consultation call 

with one of our dedicated real estate agents. 

Home Buyer Questions about Homes for Sale in Oklahoma

1. How does one buy a home in Oklahoma?

  • Save for a down payment. 
  • Choose the right location.
  • Start house hunting.
  • Make an offer.
  • Go through the home inspection process.
  • Find a great real estate agent familiar with the area.
  • Get pre-approved for a mortgage.
  • Close on the house.

2. How much do you have to put down on a house in Oklahoma?

The down payment can be as low as 3% for conventional loans, which would be around $7,542 for an average home priced at $251,400. For VA and USDA loans, you might not need any down payment at all.

3. How much does it cost to buy a house in Oklahoma?

The average home sale price in Oklahoma was about $251,400 as of July 2023. This price can vary depending on the location and type of home you are looking for.

4. What credit score do you need to buy a house in Oklahoma?

The required credit score varies depending on the loan type. For conventional loans, a credit score of 620 is typical, while FHA loans may require a minimum of 580. Some programs, like VA and USDA loans, may have different requirements.

5. How much is a new home in Oklahoma?

The median price for a standard three-bedroom family home in Oklahoma is about $304,000.

However, the cost of a new home in Oklahoma varies based on location, size, and other factors. It’s best to research current listings for new homes for sale in Oklahoma to get an accurate idea of prices. 

6. Does Oklahoma have a first-time home buyer program?

Yes, Oklahoma offers several first-time home buyer programs, including the OHFA Gold and Dream loans, which provide down payment assistance. These programs are designed to help first-time buyers with lower incomes or those employed in community-serving jobs.

7. How does a first-time home buyer program work in Oklahoma?

First-time home buyer programs in Oklahoma, like the OHFA Gold and Dream loans, offer down payment assistance and may offer special interest rate discounts. Eligibility criteria include income limits and minimum credit scores. These programs aim to make home-buying more accessible to first-time buyers.

8. What is the housing market like in Oklahoma?

Oklahoma’s housing market has seen a steady increase in home prices, with an average home sale price of $251,400 as of July 2023. The market is dynamic, offering opportunities for both buyers and sellers.

9. Is Oklahoma a good state to buy a house?

Oklahoma is considered a good state to buy a house due to its relatively lower average home prices compared to other states and the availability of assistance programs for first-time buyers.

10. How long does it take to close on a house in Oklahoma?

The closing process on a house in Oklahoma can vary but typically takes 30 to 45 days from when an offer is accepted. This timeframe can change based on various factors like loan type and the specifics of the transaction.

11. How old do you have to be to buy a house in Oklahoma?

In Oklahoma, you must be at least 18 years old to legally enter into a contract to buy a house, as this is the age of majority in the state.

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