Oklahoma City, OK 73118 Real Estate Market Report

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.

Market Metrics

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

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Market Trends & Context

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

Key Findings

1. The neighborhood's $282,000 median sold price remains the primary indicator of market value and, combined with a flat price year-over-year trend, suggests transaction prices are stabilizing rather than trending strongly up or down.
2. The neighborhood's $282,000 median sold price versus the $265,000 median listing price implies a pricing gap that may indicate sellers and recent transaction prices are not fully aligned; this dynamic appears alongside a neutral market temperature, so expect some pricing friction rather than rapid repricing.
3. The neighborhood's $282,000 median sold price alongside a median days on market of 49 suggests slower sales velocity and soft liquidity conditions—longer listing durations may prolong transaction timelines even as prices remain stable.
4. The neighborhood's $282,000 median sold price sits in an environment of elevated interest rate pressure (current local 30-year rate cited at 7.13%, which is 0.76% higher than the 2026 national average), a factor that may constrain buyer affordability and support the observed price stabilization rather than growth.

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.