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Housing in Chance

A typical Chance home is worth roughly $156,000

Typical home value
$156K
OK $223K
Estimate
2-bedroom rent
$960
a month, utilities in · HUD

What kind of housing town is Chance?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Chance

Try your own numbers below.

You could afford about
$257,000
Typical Chance home $156K

That covers a typical Chance home, with $100K to spare.

The typical home, each month
$920
Loan $770Tax $100Insurance $50

A two-bedroom rents for about $960 a month here, $40 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Oklahoma typical property tax (0.80% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $960

Fair Market Rent a month, utilities included

Studio$660
1 bedroom$720
2 bedrooms$960
3 bedrooms$1,180
4 bedrooms$1,280
16%
of households rent · OK 34%

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Adair County, OK): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

85% of Chance households own their home

Half of Chance’s homes were built before 1971.

Owners and renters
Own 85%Rent 16%

Oklahoma: 66% own.

1971
typical home built · OK 1980

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Neighbors talk housing

What Chance buyers, sellers and renters are saying.

Town Square →
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Is Chance still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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