Why Live in Milam Place
Milam Place, located on the outskirts of Oklahoma City’s urban core, is a neighborhood that blends historic charm with modern convenience. Situated just 4 miles from the bustling uptown and downtown entertainment districts, it has become a desirable area for younger, first-time buyers. The neighborhood features wide, flat streets in a grid layout, with homes dating back to the 1920s and 1930s. These homes, often renovated, include Craftsman bungalows, Tudor, and Colonial-style cottages, typically offering just over 1,000 square feet with two to three bedrooms. The area’s appeal is bolstered by its proximity to the Plaza District and Uptown 23rd Street District, both less than 2 miles away, providing residents with numerous dining and entertainment options. Popular spots include Syrup, a brunch destination known for its creative breakfast dishes, and the nearby Walmart Neighborhood Market for everyday shopping. Although Milam Place lacks extensive green spaces, residents can enjoy nearby parks like Wayman’s Park and Reed Park, which offer playgrounds, picnic areas, and a splash pad. The neighborhood is somewhat walkable, with schools, parks, and select restaurants within walking distance, and Embark bus stops along Northwest 23rd Street facilitating car-free travel. Additionally, Milam Place is just a few blocks east of Interstate 44, making downtown OKC and Will Rogers World Airport accessible within a 15-minute drive. The area is experiencing rising home values as more historic homes are restored, shifting the balance from rentals to owner-occupied residences.
Frequently Asked Questions
Is Milam Place a good place to live?
Milam Place is a good place to live. Milam Place is considered somewhat walkable and bikeable with some transit options. Milam Place has 7 parks for recreational activities. It is somewhat dense in population with 7.9 people per acre and a median age of 35. The average household income is $41,115 which is below the national average. College graduates make up 31.9% of residents. A majority of residents in Milam Place are renters, with 59.8% of residents renting and 40.2% of residents owning their home. A
local real estate agent serving Milam Place can help you decide if this neighborhood is the right one for you. Learn more on our
Milam Place neighborhood guide.
Is Milam Place, OK a safe neighborhood?
Milam Place, OK is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Milam Place?
The median home price in Milam Place is $329,990. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 6.75%, your estimated principal and interest payment would be $1,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Milam Place. The average household income in Milam Place is $41K.
What are the best public schools in Milam Place?
The best public schools that serve Milam Place are:
What are the most popular zip codes in Milam Place, Oklahoma City, OK?
What are the most popular neighborhoods near Milam Place, Oklahoma City, OK?
Home Trends in Milam Place, OK
On average, homes in Milam Place, Oklahoma City sell after 23 days on the market compared to the national average of 69 days. The median sale price for homes in Milam Place, Oklahoma City over the last 12 months is $392,445.
Median Sale Price
$392,445
Median Single Family Sale Price
$329,990
Average Price Per Sq Ft
$189
Number of Homes for Sale
4
Last 12 months Home Sales
2
Median List Price
$329,990
Median Change From 1st List Price
0%