Nichols Hills, OK
Real Estate & Homes For Sale

Nichols Hills, OK, is a beautiful and affluent suburb of Oklahoma City. It is known for its luxurious homes and high quality of life. If you are in the market for a new home, check out our listings below.

For Sale

Nichols Hills Overview

6,414 people live in Nichols Hills, where the median age is 48.1 and the average individual income is $111,363.48. Data provided by the U.S. Census Bureau.

6,414

Population

$111,363.48

Average Income

3,043

households

morgs

Nichols Hills, Oklahoma

Real Estate Market Trends - Nov 2022

The Nichols Hills housing market has seen some ups and downs recently. According to data from November 2022, home prices in Nichols Hills have risen significantly compared to the previous year, reaching a median price of $1.7M. However, the average sale price of a home in Nichols Hills has decreased by 52% since last year, currently at $455K. The average sale price per square foot has increased by 25.3% to $297.

Despite the drop in average sale price, the Nichols Hills housing market remains somewhat competitive. Homes in the area are selling, on average, within 21 days. While some homes receive multiple offers, the average sale price is still going about 3% below the list price. Hot homes, on the other hand, are selling for around list price and going pending within 5 days.

Regarding migration and relocation trends, 22% of homebuyers in Nichols Hills are looking to move out of the area, while 78% are looking to stay within the metropolitan area. Most of those looking to move into Nichols Hills from outside metros come from Dallas, followed by Los Angeles and San Francisco.

If you're considering buying a home in Nichols Hills, it may be helpful to work with a local real estate agent who is familiar with the market and can assist you in finding the right home for you. There are currently a variety of homes for sale in Nichols Hills, including single-family homes, luxury properties, and more. No matter your budget or preferences, a home for sale in Nichols Hills will likely suit your needs.

Living in Nichols Hills, Oklahoma

38

Walk Score

33

Bike Score

Work With Us

Jennifer has assembled a team of agents and other experts who ensure prompt, thorough communication and white-glove service. Jennifer pairs her attention to detail and expertise with the unparalleled distinction of Sotheby’s International Realty.