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Oklahoma City, OK 73106 Real Estate Market Report

ZIP Code: 73106
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

As of April 2026, the housing market in Oklahoma City, OK (ZIP: 73106) reflects a median sold price of $263,000, indicating a stable market environment. The neighborhood has experienced a flat price trend, suggesting that while there is no significant appreciation or depreciation, the market remains resilient. This stability is further supported by the median days on market of 327, which indicates a slower sales velocity, allowing buyers to negotiate more effectively.

Current conditions show elevated inventory levels relative to sales activity, with a median listing price of $334,995, creating a notable pricing gap. This disparity may indicate that sellers are adjusting their expectations in response to the market's current dynamics. Overall, the market appears balanced, with moderate transaction volume and steady demand, although buyers may benefit from increased negotiating power due to the excess supply.


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.

Analysis Window
90 Days
Total Properties Analyzed
77
Active Listings
63
Sold Properties
14

Market Metrics

Median Listing Price
$334,995
Median Sold Price
$263,000
Median Price per Sqft
$176/sqft

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.


Rental Market

Median Market Rent
$1,353
Rent Range
$821 - $1,536

Property Taxes

Property Tax Rate
1.02%

Liquidity & Velocity

Median Days on Market
327
Sale-to-List Ratio
100.0%

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

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Oklahoma City are averaging 6.83%, which is 0.73% higher than the average rate of 6.10% seen in early 2026.

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


Key Findings

  1. The median sold price of $263,000 reflects stable market conditions, with no significant price changes observed recently.

  2. With a median days on market of 327, the market shows signs of slower sales velocity, suggesting potential opportunities for buyers to negotiate.

  3. The median listing price of $334,995 indicates a pricing gap compared to the sold price, which may lead to adjustments in seller expectations.

  4. Market conditions are characterized by elevated inventory levels, indicating excess supply relative to sales activity.

  5. The overall market temperature is neutral, suggesting a balanced environment with moderate buyer and seller activity.


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.

Recent Transactions

917 Nw 18th St, Oklahoma City, OK 73106
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

4 beds
2 baths
3,693 sqft
$750,000
Jan 1, 2026
$203/sqft/sqft
83 days on market
1318 Nw 15th St, Oklahoma City, OK 73106
Premium

Sold above market average

3 beds
2 baths
2,490 sqft
$549,900
Jan 1, 2026
$221/sqft/sqft
426 days on market
1908 Nw 18th St, Oklahoma City, OK 73106
Premium

Sold above market average

4 beds
2 baths
2,256 sqft
$500,000
Jan 1, 2026
$222/sqft/sqft
154 days on market
1712 Nw 19th St, Oklahoma City, OK 73106
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,335 sqft
$263,000
Feb 1, 2026
$197/sqft/sqft
2028 Nw 22nd St, Oklahoma City, OK 73106
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,414 sqft
$260,000
Jan 1, 2026
$184/sqft/sqft
558 days on market
2116 Carey Pl, Oklahoma City, OK 73106
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,386 sqft
$246,000
Mar 1, 2026
$177/sqft/sqft
1419 Nw 15th St, Oklahoma City, OK 73106
Quick Flip

Sold below market average

4 beds
2 baths
1,952 sqft
$79,999
Jan 1, 2026
$41/sqft/sqft
2902 days on market
1417 N Ellison Ave, Oklahoma City, OK 73106
Quick Flip

Sold below market average

3 beds
3 baths
2,272 sqft
$69,000
Mar 1, 2026
$30/sqft/sqft
3121 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

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