The 2007 mortgage crisis appears to have spared Tulsa’s housing market. The city’s 2007 average sales price and median sales price were up about 5 percent for the year, and an April Money magazine study of the nation’s 100 largest markets ranked Tulsa second in home appreciation values, with a projected 4.3 percent inflation.  

Tulsa’s housing is some of the most affordable and accessible in the country. As national home prices are stagnating, according to a 2007 survey from Coldwell Banker, Tulsa’s metro area ranks eighth in the country as most affordable to buy a home. The survey measures the average price of 2200-square-foot, single-family homes with four bedrooms, two and a half bathrooms and a two-car garage in 317 U.S. markets. In Tulsa, that average price is $153,750. In another Coldwell Banker survey, Tulsa ranks third in the nation for affordable housing in 119 cities and towns hosting a NCAA Division 1-A college football team. 

Home Ownership Tulsa (HOT) is a nonprofit organization established by the City of Tulsa and partnered with over 85 public and private organizations to increase homeownership.

We offer homebuyer education workshops through our partners, which provides information on all aspects of the home-buying process.

Through our partners we also offer programs that:

 - Promote down-payment/closing-cost assistance programs for the general public and for City of Tulsa employees.
 - Provide information on purchase/rehabilitation loan programs for rehabilitation of existing homes through programs such as our Fresh and New Paint Program.
 - Incentives for new construction on vacant lots in existing neighborhoods.
 - Resources to help repair your credit.