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Oklahoma City, OK 73119 Real Estate Market Report

ZIP Code: 73119
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
65
Active Listings
26
Sold Properties
39

Market Metrics

Median Listing Price
$149,945
Median Sold Price
$124,000
Median Price per Sqft
$128/sqft

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.


Rental Market

Median Market Rent
$995

Property Taxes

Property Tax Rate
0.78%

Liquidity & Velocity

Median Days on Market
283
Sale-to-List Ratio
100.0%

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

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Key Findings

  1. $124,000 median sold price is the primary indicator of market value and recent transaction activity in ZIP 73119, suggesting that completed sales are tracking notably below the $149,945 median listing price and balanced seller-buyer expectations in parts of the market.

  2. 283 median days on market signals slower sales velocity and increased holding time for SFR and condo listings, which may indicate pricing friction or the need for more aggressive marketing to accelerate transactions.

  3. 128 median price per square foot, alongside a $995 median market rent, shows pricing fundamentals that support modest appreciation (price year-over-year trend: up) while also underpinning steady rental demand (rent year-over-year trend: up); investors should evaluate unit-level returns rather than broad averages.

  4. elevated interest rate pressure is a headwind for affordability and could weigh on near-term buyer activity, so pricing and financing strategies should account for higher borrowing costs while the market temperature remains neutral.


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.

Recent Transactions

3026 Sw 53rd St, Oklahoma City, OK 73119
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

2 beds
1 baths
1,770 sqft
$218,000
Mar 1, 2026
$123/sqft/sqft
77 days on market
1613 Sw 35th St, Oklahoma City, OK 73119
Premium

Sold above market average

2 beds
1 baths
1,184 sqft
$210,000
Mar 1, 2026
$177/sqft/sqft
3109 Sw 45th St, Oklahoma City, OK 73119
Premium

Sold above market average

2 beds
1 baths
1,032 sqft
$207,000
Mar 1, 2026
$201/sqft/sqft
337 days on market
2948 Sw 49th St, Oklahoma City, OK 73119
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
875 sqft
$115,000
Feb 1, 2026
$131/sqft/sqft
94 days on market
3237 Sw 48th St, Oklahoma City, OK 73119
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
840 sqft
$110,000
Apr 1, 2026
$131/sqft/sqft
196 days on market
2828 Sw 30th St, Oklahoma City, OK 73119
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds
1 baths
1,008 sqft
$110,000
Mar 1, 2026
$109/sqft/sqft
98 days on market
2220 Sw 41st St, Oklahoma City, OK 73119
Value

Sold below market average

3 beds
1 baths
911 sqft
$59,000
Feb 1, 2026
$65/sqft/sqft
2228 Sw 31st St, Oklahoma City, OK 73119
Value

Sold below market average

3 beds
1 baths
1,123 sqft
$50,000
Apr 1, 2026
$45/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$251/mo
73119 Avg Rent
73119 Cost to Own
Rent$995
Own$744

20% down, 6.5% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

73119 Avg nightly rate
73119 Avg occupancy (days/year)
Nightly rate$129/night
Occupancy136 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 5/1/2026

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