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May 16, 2022 Larry Stein
(405) 713-1201 cell (405) 361-9307
“The Oklahoma County real estate market is hot, and to see a more than 28% jump in homes valued at $1-Million or more in 2022 over 2021, that’s 517 more than 2021 and 2,072 more than in 2005,” said Oklahoma County Assessor Larry Stein.
In 2022, Oklahoma County has 2,346 homes valued at $1-Million or more. That number is an official count, according to the Oklahoma County Assessor’s Office, after finalizing the total value of assessments of homes throughout the county.
“Back in 2005, there were 274 homes valued at $1-Million or more. Comparing 2005 with 2022, the increase is just over 756-percent,” said Stein.
TAX YEAR
COUNT
% CHANGE
2005
274
2006
358
30.66%
2007
527
47.21%
2008
665
26.19%
2009
751
12.93%
2010
812
8.12%
2011
848
4.43%
2012
863
1.77%
2013
916
6.14%
2014
1039
13.43%
2015
1175
13.09%
2016
1340
14.04%
2017
1448
8.06%
2018
1496
3.31%
2019
1640
9.63%
2020
1629
-0.67%
2021
1829
12.28%
2022
2346
28.27%
756.20%
Change from 2005 to 2022
Oklahoma City is the leader of the pack when it comes to $1 Million homes with 1,019, followed by Nichols Hills with 635, Edmond 539, unincorporated Oklahoma County has 130, Lake Aluma with 14, Luther with 4, Choctaw with 3, Midwest City and The Village each with 1.
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320 Robert S. Kerr Avenue Oklahoma City, OK 73102