Lawton, Oklahoma, January 2, 2026
Lawton, Oklahoma, features some of the priciest residential properties in the region, with Medicine Park, Cache, and Elgin showing notable home values. Key factors influencing these values include proximity to Fort Sill, natural beauty, and community development. This analysis provides valuable insights for buyers and investors interested in the local housing market dynamics.
Lawton, Oklahoma
Lawton, Oklahoma, is home to some of the most expensive residential properties in the region. Recent data highlights the cities within the Lawton metro area that boast the highest home values.
Top Cities with the Most Expensive Homes in the Lawton Metro Area
- Medicine Park
- Typical Home Value: $289,554
- 1-Year Price Change: +3.5%
- 5-Year Price Change: +52.7%
- Cache
- Typical Home Value: $275,000
- 1-Year Price Change: +2.0%
- 5-Year Price Change: +40.0%
- Elgin
- Typical Home Value: $265,000
- 1-Year Price Change: +1.5%
- 5-Year Price Change: +35.0%
Factors Influencing Home Values in the Lawton Metro Area
Several factors contribute to the elevated home values in these cities:
- Proximity to Fort Sill: The presence of Fort Sill, a major U.S. Army installation, significantly influences the local real estate market, driving demand and property values.
- Natural Attractions: Areas like Medicine Park offer scenic beauty and recreational opportunities, making them desirable locations for homebuyers.
- Community Development: Investments in infrastructure and community services enhance the appeal of these cities, attracting higher-income residents.
Comparative Analysis with Other Oklahoma Cities
When compared to other cities in Oklahoma, the Lawton metro area presents a unique real estate landscape. While cities like Oklahoma City and Tulsa have larger populations and more extensive housing markets, Lawton’s proximity to military installations and natural attractions provide distinct advantages that influence its housing market dynamics.
Conclusion
The Lawton metro area, particularly cities like Medicine Park, Cache, and Elgin, stands out for its high home values within the region. Understanding the factors that drive these values can provide insights for potential buyers and investors interested in the area.
FAQ
What are the cities with the most expensive homes in the Lawton metro area?
The cities with the most expensive homes in the Lawton metro area are Medicine Park, Cache, and Elgin.
What factors contribute to the high home values in these cities?
Factors contributing to high home values include proximity to Fort Sill, natural attractions, and community development.
How do these cities compare to other Oklahoma cities in terms of home values?
While cities like Oklahoma City and Tulsa have larger populations and more extensive housing markets, the Lawton metro area’s proximity to military installations and natural attractions provide distinct advantages that influence its housing market dynamics.
Key Features
| City | Typical Home Value | 1-Year Price Change | 5-Year Price Change |
|---|---|---|---|
| Medicine Park | $289,554 | +3.5% | +52.7% |
| Cache | $275,000 | +2.0% | +40.0% |
| Elgin | $265,000 | +1.5% | +35.0% |
Deeper Dive: News & Info About This Topic
HERE Resources
Supreme Court Overrules Oklahoma Business Courts Initiative
Oklahoma City Ranks Moderately in National Study on Costs of Living Alone
Beacon Hill Financial Expands into Oklahoma City, Boosting Local Economy
