Midwest City, OK 73110 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. median sold price — $146,000 is the primary indicator of recent market value and reflects completed transaction activity in the ZIP; with the broader price year-over-year trend reported as flat, recent sales suggest price stability rather than directional appreciation or decline.
2. There is a visible gap between median listing price — $165,950 and median sold price — $146,000, which may indicate seller optimism versus realized transaction prices and suggests pricing friction that buyers can potentially exploit during negotiations.
3. Sales velocity appears moderate: median days on market — 36 implies listings are moving but not rapidly, which together with the sample-level relationship between active and sold properties suggests elevated inventory relative to sales activity and more negotiating leverage for buyers.
4. Financing and rental context is mixed: interest rate pressure — elevated (current 30-year fixed at 7.13%, which is 0.29% higher than the 6.84% local average) is a headwind for affordability, while rent year-over-year trend — up and median market rent — $995 point to strengthening rental demand that may support investor interest despite higher borrowing costs.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.