Boomtown in red state haven where house prices have tripled - but locals fear it's becoming the next San Francisco

EXCLUSIVE Boomtown in red state haven where house prices have tripled - but locals fear it's becoming the next San Francisco READ MORE: Small Southern town goes to war with mass influx of Californians By Miles Dilworth, Senior Reporter For Dailymail.Com Published: 12:56 EDT, 27 July 2024 | Updated: 13:05 EDT, 27 July 2024 e-mail View comments Oklahoma County residents now fear that rising houses prices and an extraordinary population boom is slowly turning Oklahoma City into the next San Francisco, a worldwide symbol of urban decay. Soaring prices across the county have sparked a sudden surge in evictions as locals are driven out of their homes.

In fact, the Oklahoma County Assessor reported that the average house price has more than tripled since 2001, going from an average of $74,715 to $264,844 in 2023, an increase of 354 percent. The spike is particularly dramatic in downtown Oklahoma City, where median home sales have more than doubled to $690,000 over the past decade while the rest of the state capitol saw values rise by half to just $200,000, according to a recent report by real estate tracking site Property Shark . As homeless encampments have started to plague downtown streets, a resulting spate of vandalism is now occurring.

There are growing fears that an extraordinary population boom is turning the once 'hassle free' Oklahoma City into the next San Francisco, a worldwide symbol of urban decay Soaring house prices have sparked a sudden surge in evictions as locals .