Oklahoma City, OK 73106 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. The primary market indicator is the median sold price of 129,500, which represents the most reliable measure of realized value and suggests that recent transactions are concentrated well below median asking levels; this gap may indicate pricing friction between seller expectations and transactional outcomes.
2. Despite a higher median listing price of 314,000, the market shows modest appreciation with price year-over-year trend marked as up, so sellers should be cautious pricing above recent sold comparables and consider competitive pricing to avoid extended time on market.
3. Liquidity is slow relative to typical turnover: the median days on market is 291, which, combined with a neutral market temperature, suggests balanced but sluggish transaction velocity and that sellers may need patience or targeted incentives to close deals.
4. Rental fundamentals are supportive: the median market rent is 1,257 and rent year-over-year trend is up, indicating steady rental demand; investors should weigh rental income prospects against moderate interest rate pressure and the current ~6.5% 30-year fixed mortgage environment when underwriting acquisitions.

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.