Why Live in Altus
Altus, Oklahoma, a small town of 19,000 residents, has a rich history that began as a trading post on Bitter Creek in north Texas before relocating and renaming itself in 1891. The town's economy is heavily supported by the Altus Air Force Base, established in the 1940s. Altus offers cultural and recreational attractions such as the Museum of the Western Prairie and Lake Altus, which is popular for boating, swimming, and fishing. The city is also working on the Altus Reservoir Project to enhance recreational facilities. Housing in Altus primarily consists of ranch-style homes, with some Cape Cods, bungalows, and multi-story houses, often featuring brick construction with natural accents like stone and wood. The median home price is significantly lower than the national average. Altus Public Schools, serving nearly 3,600 students, are highly rated and organized by grade levels across different schools. Main Street, which is Highway 283, is the town's commercial hub, featuring small businesses, retail strips like Altus Plaza and Bunker Hill Shopping Center, and hosting events such as the Walkin' On Chalk Arts Festival and the Altus Airpower Stampede. The town is intersected by U.S. Highways 62 and 283, with Lawton located 60 miles east and the Texas state line 15 miles south. Altus experiences hot summers with record highs of 120 degrees, short warm autumns, and variable winters. Crime rates in Altus are lower than the national average, contributing to a safer environment for residents.
Frequently Asked Questions
What is the average home price in Altus, OK?
Homes for sale in Altus, OK have an average home price of $224,773.
How many homes have sold over the last 12 months in Altus, OK?
238 homes have sold in Altus, OK over the last 12 months.
What are the most popular zip codes in Altus, OK?
How much do you need to make to afford a house in Altus?
The median home price in Altus is $215,000. If you put a 20% down payment of $43,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,110 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $48K a year to afford the median home price in Altus.
How are the schools in Altus, OK?
Home Trends in Altus, OK
On average, homes in Altus, OK sell after 62 days on the market compared to the national average of 50 days. The median sale price for homes in Altus, OK over the last 12 months is $194,950, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$194,950
Median Single Family Sale Price
$200,000
Median 2 Bedroom Sale Price
$129,000
Average Price Per Sq Ft
$113
Number of Homes for Sale
101
Last 12 months Home Sales
238
Median List Price
$215,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
3%
