Oklahoma City, OK 73106 Real Estate Market Report

ZIP Code: 73106
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Oklahoma City are averaging 6.46%, reflecting a stable market environment for property owners in this area compared to early 2026 benchmarks.

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

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Key Findings

1. median sold price: $260,000 — This value represents the primary indicator of recent transaction activity in 73106; the notable gap between the median listing price and the median sold price suggests pricing friction and that sellers' expectations may be above what transactions are achieving, which may indicate downward pressure on realized prices.

2. median days on market: 260 — Prolonged days on market point to slower sales velocity and reduced liquidity; combined with a relatively constrained active supply in the analyzed sample, this suggests sellers should expect longer marketing timelines and potential negotiation on price.

3. median market rent: $1,271 — Rental levels are modest and the rent year-over-year trend is down, which suggests weakening rental demand or downward pressure on rents that investors should factor into cash-flow assumptions.

4. market temperature: cold with interest rate pressure: moderate and current 30-year fixed mortgage rates averaging 6.46% — The cold market temperature and moderate rate pressure together suggest cautious buyer behavior and limited upward price momentum, so pricing strategies should prioritize competitiveness and realistic expectations.

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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.

Oklahoma City, OK 73106 Real Estate Market Report

ZIP Code: 73106
Report Date: May 2026
Market Temperature: COLD
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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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.

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Market Trends & Context

Understanding Market Temperature

A Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Oklahoma City are averaging 6.46%, reflecting a stable market environment for property owners in this area compared to early 2026 benchmarks.

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

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Key Findings

1. The median sold price is the primary indicator of market value and recent transaction activity in ZIP 73106 and should be prioritized over asking prices when setting comps or underwriting deals; this makes completed transactions the most reliable signal of current value.

2. The median days on market: 337 is very long, which suggests slower sales velocity and pricing friction—expect longer marketing periods and more time to close transactions in current conditions.

3. The median price per square foot: 194 combined with a down price year-over-year trend indicates softening local pricing versus broader metro performance; sellers should expect to be more responsive on price to achieve a sale.

4. The Current 30-year fixed mortgage rates: 6.46% and moderate interest rate pressure, alongside a median market rent: 895 and a down rent year-over-year trend, suggest constrained near-term upside from both capital markets and rental income drivers for investors.

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Notable Properties

The following 3 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.