$171,195Average Value$198Average Price per Sq Ft3Homes For Sale
Some of the streets in Milam Place have charming street lamps.
Attractive home prices with proximity to happening city spots
Milam Place may be on the outskirts of Oklahoma City’s urban core, but since it rests just 4 miles from popular uptown and downtown entertainment districts, it’s been swept up in recent waves of development. Although homes here date back to the 1920s, investors have been steadily renovating the area’s homes and turning the neighborhood into a desirable residential pocket. According to Realtor Scott Nachatilo of OKC Home Realty Service, who has nearly three decades of experience with Oklahoma City real estate, “The location is a real draw, especially to younger, first-time buyers who want to be closer to all the fun things to do here that the suburbs just don’t have.” Thanks to its location in between the Uptown 23rd District and the Plaza District, residents enjoy some of the city’s hottest spots on a night out while having quiet streets and quaint homes to return to.
Remodeled cottages and original 1930s homes
Wide, flat streets laid out in a grid comprise Milam Place, where houses sit close together on small lawns with just enough room for some shrubbery or a single shade-giving tree. Most homes were built between the 1920s and the ‘30s, and although many have received renovations, new builds are rare. Instead, homebuyers will find classic styles like Craftsman bungalows sitting side-by-side with Tudor and Colonial-style cottages. These homes tend to be on the smaller side, generally featuring just over 1,000 square feet and two to three bedrooms. While older homes in need of repairs can sell for around $100,000, remodeled properties can be priced upwards of $250,000. “The typical list price here is about $170,000, but the price per square foot depends on the improvements,” says Nachatilo. He notes that as more of the neighborhood’s historic homes are restored and updated, home values are rising. “Landlords are getting priced out of the area, and the number of rentals is declining,” he explains, indicating that the nearly half-and-half split of owners and residents might be about to change.
The architecture in Milam Place is varied and quaint.
Milam Place is full of affordable housing.
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Skate the Plaza is a must-see event for Milam Place residents.
In between OKC destinations like the Plaza District and Uptown 23rd
Beyond its beautiful, historic homes, the primary appeal of Milam Place is its location. Less than a mile and a half from the Plaza District and just over 2 miles from the Uptown 23rd Street District, residents enjoy easy access to a plethora of entertainment and dining. “The market is hotter now than it used to be because of the location,” notes Nachatilo. “It’s exciting to see some of these older neighborhoods moving up because of the improvements to the Plaza District and the new Uptown 23rd and even downtown, and vice versa.” In the morning, residents can make the 10-minute drive down 23rd Street to Syrup, a popular brunch destination that adds creative twists to breakfast classics, from cinnamon roll pancakes to sriracha and honey chicken and waffles. For everyday shopping, many residents go to the Walmart Neighborhood Market just a few blocks away, also on 23rd Street.
Northwest Classen High is ideal for future healthcare workers
Milam Place students attend schools in the Oklahoma Public Schools system, with many attending Hawthorne Elementary, Taft Middle and Northwest Classen High. The elementary and middle school both score a C-minus grade from Niche, whereas the high school earns a C. Northwest Classen is home to the Academy of Health Sciences, which enables students to explore health sciences careers and develop real-life skills with paid internships.
Hawthorne Elementary is a highly rated elementary school.
Northwest Classen High School has an atrium full of plants just outside of the front entry.
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Neighborhood parks are a short stroll from some homes
Although Milam Place doesn’t have much green space of its own, residents are still just a short walk from other neighborhood parks. Wayman’s Park lies west and features a colorful playground that’s popular with kids and picnic tables and walking paths where parents can keep an eye on the little ones. A few blocks south is Reed Park, a summertime destination thanks to its splash pad, making it an excellent place to cool off from the heat.
Wayman's Park features swings for families to enjoy.
Kids love to cool off in the summer at the splash pad at Reed Park.
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The Embark bus allows residents of Milam Place to travel conveniently around the city.
Just blocks away from I-44, with some walkable amenities
Residents are just a few blocks east of Interstate 44, allowing them to reach destinations like downtown OKC or Will Rogers World Airport in roughly 15 minutes. Milam Place is also considered somewhat walkable thanks to schools, parks and select restaurants within walking distance, in addition to Embark bus stops along Northwest 23rd Street that allow residents to get around without a car.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Jonathan Gregory,
an experienced agent in this neighborhood.
Parks in this Area
Girvin Park
Grills
Picnic Area
Playground
Swatek Park
Playground
Denniston Park
Wayman's Park
Picnic Area
Playground
Walking Paths
Will Rogers Gardens
Picnic Area
Trails
Parking Lot
Meadowbrook Park
Picnic Area
Playground
Parking Lot
Reed Park
Picnic Area
Tennis
Playground
Transit
Airport
Will Rogers World
19 min drive
Bus
NW 16th St & May Ave
Bus
NW 23rd St & N Drexel Blvd
Milam Place Demographics and Home Trends
On average, homes in Milam Place, Oklahoma City sell after 23 days on the market compared to the national average of 70 days. The median sale price for homes in Milam Place, Oklahoma City over the last 12 months is $392,445.
Like TWO properties in ONE in this EXQUISITELY RENOVATED home in historic Millan Park Addition! LARGE GUEST QUARTERS! Host PARTIES; perfect for parents/grown children’s APARTMENT; RENT it to offset expenses; or even use it as an Airbnb! COMPLETELY FURNISHED AND MORE with design-quality furniture and lighting, all the equipment you need for landscaping, grilling, relaxing and home
Interested in learning more about homes in this area?
Reach out to
Jonathan Gregory,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
643
Median Age
35
Population Density
8 ppl/acre
Population under 18
28.1%
On par with the national average
23.8%
Population over 65
9.3%
Below the national average
19.1%
Finances
Median Household Income
$31,607
Significantly below the national average
$71,702
Average Household Income
$41,115
Education and Workforce
High School Graduates
83.5%
Below the national average
89.1%
College Graduates
31.9%
Advanced Degrees
9.7%
% Population in Labor Force
74.9%
Above the national average
65.1%
Weather
Annual Precipitation
37''
Average Winter Low Temperature
27°F
Average Summer High Temperature
93°F
Annual Snowfall
12''
Area Factors
Bikeable
Bike Score®
60/ 100
Very Walkable
Walk Score®
70/ 100
Some Transit
Transit Score®
43/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
