Oklahoma City, OK 73107 Real Estate Market Report

ZIP Code: 73107
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Oklahoma City, OK (ZIP: 73107) reflects a median sold price of $178,000, indicating a stable transaction environment. The neighborhood has increased up since 2023, suggesting a positive trend in property values. Despite this upward movement, the market exhibits slower sales velocity, with properties averaging 196 days on market, allowing buyers more time to evaluate their options.

Inventory conditions appear to be characterized by elevated levels, with a notable gap between the median listing price of $209,900 and the median sold price. This discrepancy may indicate pricing friction, as sellers adjust expectations to align with buyer sentiment. The overall market temperature is currently assessed as neutral, reflecting a balance between supply and demand, albeit with some pressure from elevated interest rates, which are currently around 5.86% for 30-year fixed mortgages, lower than the 2026 average of 6.64%.

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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 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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Oklahoma City, OK, around 5.86% are notably lower than the 2026 average of 6.64% for property owners who originated loans earlier in the year.

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 of $178,000 indicates a stable market environment with positive appreciation trends.

2. With a median listing price of $209,900, there is notable pricing friction compared to sold prices, suggesting potential adjustments in seller expectations.

3. Properties are experiencing a median days on market of 196, indicating slower sales velocity and allowing buyers more time for decision-making.

4. The median market rent stands at $1,184.50, reflecting a steady rental demand in the region.

5. Current interest rate pressure is considered elevated, which may influence buyer affordability and market dynamics.

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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.