Oklahoma City, OK 73107 Real Estate Market Report

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

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Executive Overview

The housing market in Oklahoma City, OK (ZIP: 73107) is currently characterized by a median sold price of $169,999, reflecting a shift towards a more balanced environment. The neighborhood has decreased 8% since 2022, indicating a trend of softening values. This decline in sold prices, coupled with a median listing price of $190,000, suggests a notable gap between seller expectations and actual market transactions, which may lead to pricing friction as sellers adjust their strategies to align with buyer sentiment.

Market velocity appears to be slowing, as evidenced by the median days on market of 299 days. This extended timeframe indicates a cooling trend in buyer activity, with elevated inventory levels contributing to a more cautious market atmosphere. The overall market temperature is currently neutral, suggesting balanced conditions, although the presence of excess supply relative to sales activity may pressure prices further in the near term.

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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 approximately 6.83% compared to an average of 6.12% in early 2026, representing a 0.71% increase for property owners.

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. $169,999 is the median sold price, reflecting a decrease of 8% since 2022.

2. The median listing price of $190,000 indicates a significant gap compared to the sold price, suggesting potential pricing friction as sellers may need to adjust expectations.

3. With a median days on market of 299 days, the market is experiencing slower sales velocity, indicating a cooling trend.

4. The median market rent stands at $1,184.50, which is up year-over-year, suggesting a potential opportunity for rental investments despite the overall market softness.

5. Current interest rate pressure is elevated, with 30-year fixed mortgage rates around 6.83%, contributing to a cautious buyer sentiment.

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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.