Oklahoma City, OK 73119 Real Estate Market Report

ZIP Code: 73119
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Oklahoma City, OK (ZIP: 73119) showcases a median sold price of $130,500, reflecting a stable market despite the current economic conditions. The neighborhood has increased up since 2023, indicating a positive trend in property values. The market is characterized by elevated inventory levels, suggesting a competitive environment where sellers may need to adjust their expectations on listing prices to align with buyer demand.

The median days on market stands at 215 days, indicating slower sales velocity and a potential need for sellers to enhance their marketing strategies. With a median listing price of $155,000, there appears to be a notable pricing gap between what sellers are asking and what buyers are willing to pay, which may contribute to the extended time properties spend on the market. Overall, the market temperature is currently assessed as neutral, reflecting a balance between supply and demand dynamics.

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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 average 6.17% compared to 6.56% last month, indicating a favorable cost opportunity for new financing.

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 is $130,500, indicating a stable market with positive appreciation trends.

2. With 215 days on market, properties are experiencing slower sales velocity, suggesting potential pricing adjustments by sellers.

3. The median listing price of $155,000 reflects a significant gap compared to the sold prices, indicating potential pricing friction in the market.

4. The median market rent is $1,016, which may influence buyer decisions and rental investment considerations.

5. Current mortgage rates average 6.17%, presenting a favorable cost opportunity for financing in the current market.

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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.