Oklahoma City, OK 73112 Real Estate Market Report

ZIP Code: 73112
Report Date: April 2026
Market Temperature: COLD
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of April 2026, the housing market in Oklahoma City, OK (ZIP: 73112) is characterized by a median sold price of $194,900, reflecting a down trend in prices. This indicates a shift in market dynamics, where buyers may have more negotiating power due to the current conditions. The market is experiencing slower sales velocity, with homes taking an average of 238 days on market, suggesting that demand is cooling despite some areas showing lean inventory levels.

The median listing price stands at $235,000, which creates a notable gap between asking and sold prices, potentially indicating seller expectations that may not align with current buyer sentiment. The overall market temperature is classified as cold, further emphasizing the need for sellers to adjust their pricing strategies to attract buyers in this evolving landscape. Rental demand remains steady, with a median market rent of $1,390, indicating a stable rental market amidst the fluctuations in home sales.

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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 Cold market indicates weak buyer demand relative to available inventory, typically characterized by declining or flat prices, extended days on market, and elevated inventory levels 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 6.56% compared to around 6.26% in early 2026.

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 $194,900 reflects a down trend in the market, indicating potential pricing adjustments are needed.

2. Homes are taking an average of 238 days on market, suggesting slower sales velocity and cooling demand.

3. The median listing price of $235,000 creates a significant gap compared to the sold price, indicating pricing friction in the market.

4. The market temperature is classified as cold, suggesting a shift towards buyer preferences and negotiating power.

5. Rental demand remains stable with a median market rent of $1,390, indicating a neutral rental market amidst overall housing market fluctuations.

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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.