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I must qualify my answer first...I don't cover Enid, it's just too far. but you see a little of the same dynamic in Midwest City- I would lean toward saying that having Vance AFB right there means it's a great place to be a landlord so property prices are higher. Norman, and Stillwater have the same dynamic too...home prices there seem are a bit silly at times with older re-sale homes when you can drive a few miles down the road to moore and get more house for less money- but they sell so as long as there is someone willing to pay and someone willing to loan on those prices, the sellers will get them. Edmond is a whole other thing- sure there are a couple of colleges there but it just keeps it's value up because it's Edmond. In the older and smaller homes the prices are starting to look a little more normal these days but those executive homes are still out of sync with non Edmond homes. -again...there's people still lined up to buy them so as long as there's someone willing to pay and a bank willing to make the note....they'll sell.the whole traffic thing explained by Dan has a lot of merit for Edmond. For Enid...the AFB and the fact that it's the biggest town for MILES probably has a lot to do with it.
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For Sale: $99
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