New Construction Homes in Tulsa from Asher Homes

Tulsa, Oklahoma, a city rich in cultural history and community spirit, is experiencing an unprecedented real estate boom. Known for its Art Deco architecture, mouth-watering barbecue, and robust music scene, this city in the heartland of America is fast becoming a destination for those looking for a high quality of life at an affordable cost. 

As demand for new homes in Tulsa continues to grow, neighborhoods are expanding, and suburbs are flourishing. This article delves into the rise of new homes in Tulsa and its surrounding suburbs. Let’s examine what’s driving this growth and what it means for potential homebuyers.

Why Tulsa?

Only a few years ago, Tulsa remained overshadowed by Oklahoma City. Recently, though, Tulsa has been making a name for itself. Compared to other cities its size, Tulsa boasts lower living costs and diverse employment opportunities.

These factors have led to a new wave of interest from people seeking a balanced lifestyle without breaking the bank. New construction homes in Tulsa and established homes are both easy to find to accommodate the recent influx of people.  

Tulsa’s Thriving Suburbs

The real star of the housing boom in the Tulsa metropolitan area is the suburbs. These are some of the country’s fastest-growing, best places to live. Whether you’re a young professional, couple, family, or retired, the suburbs of Tulsa will have something for you. 

Broken Arrow

Located just southeast of Tulsa, Broken Arrow has been recognized as one of the best places to live in the United States. With excellent schools and a low crime rate, it is particularly attractive to families. New developments offer a range of options, from townhomes to sprawling estates.

Owasso

Owasso offers a rural feel while still being conveniently close to the urban amenities of Tulsa. Known for its community events and green spaces, Owasso has become a hub for new constructions that blend modern designs with traditional aesthetics.

Owasso is well known for having numerous parks and recreation areas. It is rated as one of the best places to live in Oklahoma. The population is small, with the city having fewer than 40,000 residents. 

Bixby

Located to the south of Tulsa, Bixby is famous for its annual Green Corn Festival and its commitment to sustainable living. The area has experienced a surge in new homes being built, many of which focus on energy-efficient designs and sustainable materials.

Between 2010 and 2020, Bixby grew by over 13%. People from all over the state and country have been moving to Bixby. It offers an almost rural feel for those who want to escape the city while still being close to all the amenities provided by Tulsa.  

Jenks

Just across the Arkansas River from Tulsa, Jenks has evolved from a small-town atmosphere to a burgeoning suburb without losing its charm. Known for its top-rated schools, including the highly acclaimed Jenks High School, and the Oklahoma Aquarium, this area is an enticing location for families. 

New homes in Jenks are being constructed at a rapid pace to accommodate the growing demand, offering a blend of contemporary and traditional designs that fit within the scenic riverside backdrop.

Sand Springs

For those who want a small-town feel with a short drive to downtown Tulsa, Sand Springs offers affordable new developments as well as high-end luxury homes in the rolling Osage Hills of northwest Sand Springs. 

The home of Oklahoma’s oldest herb festival sits right along the banks of the Arkansas River and is known for its great recreation activities at Keystone Ancient Forest, Shell Lake, and more. 

Sand Springs is a seller’s market with a 15.4% increase in median sold home prices from 2022 to 2023, but it remains the most affordable suburb in Tulsa County.

What’s Driving the Boom?

Affordability

Tulsa and its suburbs offer an attractive cost of living compared to other American cities. The competitive home prices are drawing people from more expensive cities, offering them the opportunity to own spacious homes without incurring massive debts. This is why new construction homes in Tulsa focus on single-family units. 

Quality of Life

From thriving arts scenes to outdoor activities like hiking, fishing, and golfing, Tulsa offers a wide range of activities for all age groups. This well-rounded lifestyle is appealing to families and individuals alike. There’s always something going on in Tulsa that the entire family can enjoy.

Tulsa is home to numerous festivals, conventions, and shows. The culture of the city is so diverse there are attractions that fit anyone’s interest. From anime to hunting, Tulsa has what you’re looking for. 

Economic Incentives

The city of Tulsa has rolled out several initiatives to attract remote workers and businesses. Programs offering financial incentives and community integration options have been particularly successful in drawing new residents.

What to Consider for Potential Homebuyers

1. Local Amenities: Schools, healthcare facilities, and recreational options are important factors to consider. Some of the schools in the Tulsa area are amongst the highest rated in Oklahoma, and Booker T. Washington High School is nationally recognized.
2. Future Growth: With ongoing developments, some areas are slated for significant growth, which could influence property values in the future. The metropolitan area of Tulsa continues to see solid growth and expansion. 
3. Resale Value: Newer homes built with modern amenities are likely to hold their value better. Property values in the Tulsa, OK, area are improving year by year. With interest continuing to grow, property values are expected to continue rising through the foreseeable future. 
4. Community: Neighborhoods vary widely in terms of community involvement, services, and events, so it’s essential to find one that fits your lifestyle. You won’t be disappointed by the diversity of neighborhoods when you look for a new home in Tulsa. 

New Homes in Tulsa

Tulsa, Oklahoma, and its suburbs are experiencing a real estate renaissance fueled by a mix of affordability, quality of life, and economic growth. For those considering a move, the city and its surrounding areas offer a range of options that cater to various needs and preferences. With its rich cultural tapestry and promising future, Tulsa is positioning itself as a city to watch in the American landscape.

Frequently Asked Questions

Are house prices dropping in Tulsa?

No, quite the opposite. The average home has increased in value in Tulsa over the last year by over 9%. Increases like this are expected to continue as the area sees continued growth and expansion. 

How much does it cost to build a new house in Tulsa?

The answer to this question requires some nuance. The average falls around $130 per square foot. This is well below the national average. This does not include the cost of land and other fees. Some new homes, like those in luxury developments, will cost more. 

Where are new homes being built in Tulsa?

If you’re searching for new homes in Tulsa, the best place to look is around the outside of the city. The suburbs of Tulsa are one of the prime areas for new construction homes, as are the areas along the Arkansas River. There are over a dozen new development neighborhoods in Tulsa alone. 

How much does it cost to build a home in Tulsa, OK?

Tulsa is one of the cheapest places to build or buy a home in the United States. In some areas, homes are up to 25% cheaper to build in Tulsa than anywhere else. You can expect that a new home with modern amenities will range between $100 and $200 per square foot. 

Is Tulsa a Seller’s or Buyer’s Market? 

There’s a lot going on in the Tulsa area, and that makes the market interesting. Sellers will like that houses often sell for their full price and don’t take long to attract buyers. Buyers like the investment return, as well as what the city has to offer. 

What is the Housing Trend in Tulsa?

If you’re looking for a new construction home in Tulsa, you’re in luck. There are housing developments in over a dozen neighborhoods. The real growth in the housing market is centered around the suburbs of Tulsa, which are some of the fastest-growing towns in the country. 

Is Tulsa a Growing City?

The city itself is growing slowly but does experience some periods of negative growth. The surrounding area, however, is booming. The Tulsa metropolitan area has continued to grow at an accelerated pace for the last twenty years.