Buying a home is one of the biggest investments most people make in their lifetime, and choosing the right location is a huge part of that decision. For many, the idea of buying a home near a college or university might raise some concerns. After all, living close to campus could bring images of noisy parties or events and crowded streets. However, there are many advantages to consider when thinking about buying a home in a college town, especially in a state like Oklahoma, which is home to many respected universities. Let’s explore why buying a home in Oklahoma near a college campus can be a great decision.
The Advantages of College Town Properties
There are several perks to buying college town properties that many potential homebuyers may not realize. While a bit of noise and traffic are reasonable concerns, there are hidden benefits that make these areas attractive investments.
Great As A Future Rental Property
One of the biggest advantages of owning a home near universities in Oklahoma is the consistent demand for rental properties. Whether it’s students, faculty members, or university employees, there is always a steady stream of renters in college towns. This demand keeps property values stable and can provide a lucrative rental income for homeowners. In fact, many parents of college students choose to buy a home rather than pay rent for four years. They can then either sell the home or continue renting it out after their child graduates.
Economic Growth and Job Market
Oklahoma’s universities are economic powerhouses. Buying a home near colleges in Oklahoma places you at the center of economic activity, as universities often attract businesses, research centers, and tech hubs. For example, the University of Oklahoma in Norman provides a stable job market for locals, not just within the universities themselves, but through surrounding businesses that rely on the student and faculty populations. Big and small companies alike are attracted to these areas due to the influx of graduates looking for a job opportunity and the ability to grow within a specific field.
Increased Property Value Over Time
College towns often experience consistent economic growth, which can drive property values up over time. For example, homes near the University of Central Oklahoma in Edmond often see property appreciation due to the high demand for housing and the overall development of the area. As more people move to these areas to take advantage of job opportunities or educational prospects, property values tend to increase steadily.
Vibrant Community Life
Life near a college campus can offer a unique, vibrant community experience. From cultural events to athletic games, living near a university provides access to a wide variety of activities. Fall football is an especially beloved activity in Oklahoma. Imagine being able to walk to a home game or enjoy the excitement of a college town on game day! While cheering on your home team, you may meet players who move on to becoming NFL superstars. Fall football brings communities together, creating a sense of unity and pride that can enhance your quality of life.
Homes Near Universities & Colleges in Oklahoma
If you’re thinking about buying a home near a college or university, Beacon Homes offers new homes in Oklahoma that are close to some of the state’s top universities. Here’s a quick overview of some of Beacon Homes’ communities located near major educational institutions:
Morgan Creek offers a peaceful and family-friendly atmosphere just outside of Oklahoma City. This community is ideal for those seeking a balance between suburban living and quick access to city amenities (with a few of its own), making it a perfect location for professionals and growing families.
Located in the hills of East Edmond, Covell Valley is one of our most popular communities. Known for its beautiful homes and easy access to a wide range of local amenities, this neighborhood is perfect for those who enjoy a mix of suburban tranquility and proximity to the OKC metro.
The Preserve at Covell Valley is a stunning community that combines a country feel with the convenience of the city close by. Residents can enjoy beautifully designed homes, spacious lots, and access to premier shopping, downtown Edmond, state-of-the-art medical facilities, and more.
Rush Creek offers spacious homesites in a quiet, suburban setting. The community’s charm is highlighted by its scenic views and access to top-rated schools in the Deer Creek school district, making it a great place for anyone looking to settle down while still being close to educational hubs and employment centers.
Woodland Park in Arcadia offers a tranquil and picturesque setting. With a range of luxury homes, beautiful streetscapes, and an abundance of amenities, it’s perfect for those wanting a more rural feel while still being near all that Edmond and Oklahoma City have to offer.
Braxton in Yukon is a family-friendly community that offers modern, spacious homes in a growing suburban area. Yukon is known for its cost of living, excellent schools, and strong community feel, making it a great option for young professionals and families alike.
Nearby Universities & Colleges:
- Oklahoma City University
This private university in the heart of Oklahoma City combines rigorous academics with a vibrant arts scene, offering unique opportunities for students in performing arts, business, law, and more. Explore what makes OCU an exceptional choice here: https://www.okcu.edu/
- University of Oklahoma
This college town has so much to offer along with outstanding academics and athletics. Read about the rich history of OU here: https://www.ou.edu/
- University of Central Oklahoma
This university is known for its strong connections throughout the metro area of Oklahoma City. Students can take advantage of the rich opportunities offered to them like student organizations, internships, and employment offerings. See what life is like at UCO: https://www.uco.edu/
- Oklahoma Christian University
This university focuses on providing a higher learning community through Christian faith, academics, and a variety of extracurricular activities. View the areas of national recognition and additional rankings OC has earned here: https://www.oc.edu/
- University of Tulsa
This upbeat and diverse campus has all you could want and more. They pride themselves on receiving more nationally competitive scholarship winners than all other Oklahoma colleges combined. View the TU points of pride here: https://utulsa.edu/
Connect with the Best Home Builders in Oklahoma: Beacon Homes!
Investing in a home near a college or university can be a very smart financial decision. The strong rental market, economic growth, and vibrant community life make college town properties attractive to many buyers. Whether you’re looking for a primary residence for your college-age children, a rental investment, or a place to settle down near an educational institution, Beacon Homes has a variety of new homes in Oklahoma communities that will suit your needs.
As a trusted home builder in Oklahoma, Beacon Homes offers quality craftsmanship, energy efficiency, a higher standard of features, and a dedication to customer satisfaction. If you’re ready to explore the benefits of living near some of the best universities in Oklahoma, view our available homes and floorplans, and contact us today. We’d love to help you find the perfect home that fits your lifestyle!
