Oklahoma City, OK 73107 Real Estate Market Report

ZIP Code: 73107
Report Date: May 2026
Market Temperature: NEUTRAL
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

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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 are averaging 6.3%, reflecting the prevailing market environment for property owners in this area.

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 neighborhood’s primary market indicator, median sold price 180,000, points to current transaction-level value and suggests recent sales are occurring below asking expectations; the gap versus the median listing price 209,500 may indicate pricing friction between sellers and buyers.

2. Median days on market 261 is long relative to typical SFR/condo turnover and appears to reflect slower sales velocity, which may lengthen time-to-close for sellers and require more aggressive pricing or concessions to accelerate transactions.

3. Price momentum shows a year-over-year direction of up for prices and rent is also up, while market temperature is described as neutral, indicating a balanced market where modest appreciation coexists with stable listing activity.

4. Rental context and financing: median market rent 995 combined with prevailing financing conditions—Current 30-year fixed mortgage rates averaging 6.3%—and moderate interest rate pressure suggest rental demand remains supportive but borrowing costs may temper buyer affordability and investor leverage.

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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.