Milam Place, Oklahoma City, OK
Milam Place — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Milam Place, Oklahoma City, Oklahoma. Explore the cited sources and local facts below while agent underwriting continues.
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Milam Place Neighborhood Overview
Milam Place is a residential neighborhood in southwest Oklahoma City, Oklahoma, offering a quiet suburban atmosphere. Centered near the intersection of SW 44th Street and S May Avenue, it provides convenient access to major city amenities. The community is characterized by its affordable housing and a mix of single-family homes.
Lifestyle & Amenities
Residents enjoy proximity to essential shopping and dining options along South May Avenue and SW 44th Street. The neighborhood is a short drive from larger retail centers and recreational facilities in the wider Oklahoma City area. Its location supports a practical lifestyle with everyday conveniences close at hand.
Real Estate Market
The Milam Place real estate market is notably affordable, with a median home value of $150,700. Homes sell relatively quickly, averaging just 19 days on the market, indicating steady demand. The homeownership rate is 42%, reflecting a significant portion of renters who pay a median monthly rent of $880.
Schools & Education
Families in Milam Place are served by the Oklahoma City Public Schools district. The specific schools assigned to the neighborhood can vary, so parents are encouraged to verify current district boundaries. The area provides access to the public education system serving the broader southwest Oklahoma City region.
Transportation & Connectivity
Major thoroughfares like I-44 and I-240 are easily accessible, facilitating commutes to downtown Oklahoma City, Tinker Air Force Base, and other employment centers. Public transportation options are available through the city's bus system. The neighborhood's street grid and central location make navigating the city straightforward.
Why Choose Milam Place
Milam Place is an ideal choice for budget-conscious buyers and renters seeking an affordable entry into the Oklahoma City housing market. Its combination of quick market turnover, low median rent, and convenient location offers strong value. The neighborhood provides a stable, no-frills community with easy connectivity to the entire metro area.
Milam Place Market Data
| Metric | Value |
|---|---|
| Median Home Price | $151K |
| Median Gross Rent | $880/mo |
| Median Household Income | $46K |
| Homeownership Rate | 42.4% |
| Renter-Occupied | 57.6% |
| Rental Vacancy Rate | 8.0% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 73139 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 85,661 |
| VA Loan Originations | 9,482 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $261K |
| Conventional Loan Originations | 64,218 |
| FHA Loan Originations | 11,961 |
Top Real Estate Agents in Milam Place, Oklahoma City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Milam Place, Oklahoma City, OK. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Oklahoma Real Estate Commission (OREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12