Oklahoma City, OK 73119 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

Property Taxes

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.

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. median sold price: $107,000 is the primary indicator of recent market value and suggests modest, realized pricing for closed SFR and condo transactions in the ZIP code; given the median listing price: $155,000, this gap appears to reflect meaningful seller asking versus transaction price dispersion and pricing friction between list and sale.
2. The market exhibits a neutral temperature with a price year-over-year trend: up, indicating ongoing, sustainable appreciation while sales activity shows slower velocity as implied by a median days on market: 286, which may indicate longer negotiation windows and the need for realistic pricing to secure timely closings; balanced but patient market.
3. Rent fundamentals are supportive with a median market rent: $995 and a rent year-over-year trend: up, which can sustain long-term housing demand and provide downside support for values in this area; rising rental demand.
4. Interest rate pressure is described as moderate with local 30-year fixed mortgage rates around 6.5%, a level that likely dampens some buyer urgency but does not materially disrupt transactions in a market characterized as neutral; cautious financing environment.

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.