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Market Snapshot

Median listing price
$260K

The median listing price in Oklahoma City, OK ZIP 73132 is $260,000 as of September 2026.

Median rent
$1,025/mo

The median market rent in Oklahoma City, OK ZIP 73132 is $1,025/month as of September 2026.

Days on market
48 days

The median days on market in Oklahoma City, OK ZIP 73132 is 48 days as of September 2026. The market is currently neutral.

Gross rental yield
4.73%

At a median list price of $260,000 and a median rent of $1,025/month, the gross rental yield in Oklahoma City, OK ZIP 73132 is 4.73% as of September 2026.

Oklahoma City, OK 73132 Real Estate Market Report

ZIP Code: 73132

Report Date: September 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
142
Active Listings
89
Sold Properties
53

Market Metrics

Median Listing Price
$260,000
Median Sold Price
$233,000
Median Price per Sqft
$131/sqft

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
$1,025

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

Property Tax Rate
1.13%

Liquidity & Velocity

Median Days on Market
48
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
flat
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Oklahoma City are approximately 7.07%, reflecting a rising interest rate environment compared to earlier 2026 market averages near 6.71%.

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


Key Findings

  1. The primary market signal is the $233,000 median sold price, which represents the most reliable indicator of recent transaction-level value in ZIP 73132 and suggests pricing has stabilized around that level relative to asking expectations.
  2. The $260,000 median listing price versus the median sold price points to a meaningful pricing gap that may indicate seller optimism; combined with a median days on market of 48, this suggests moderate sales velocity and potential pricing friction between ask and achieved values.
  3. The $131 median price per square foot, together with a median market rent of $1,025, provides a current market profile for SFR and condo valuation; investors and appraisers should treat the median sold price as the primary comparator when assessing comps because it reflects completed transactions.
  4. Market conditions are effectively balanced: the reported market temperature is neutral and the price year-over-year trend is flat, while rent is up and interest rate pressure is elevated (7.07% current 30‑year fixed cited in local comparisons). This mix suggests stable pricing but constrained borrowing cost dynamics that may dampen buyer activity and extend time-to-contract for marginally priced listings.

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

6901 N Waterwood Way, Warr Acres, OK 73132
Top Sale

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

3 beds2 baths3,145 sqft
$465,000
Jul 2026
$148/sqft
36 days on market
7601 N Ann Arbor Ave, Oklahoma City, OK 73132
Premium

Sold above market average

4 beds2 baths2,151 sqft
$365,000
Jul 2026
$170/sqft
30 days on market
9200 Cindy Rd, Oklahoma City, OK 73132
Market Benchmark

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

3 beds2 baths1,572 sqft
$227,000
Jul 2026
$144/sqft
51 days on market
8912 Dena Ln, Oklahoma City, OK 73132
Market Benchmark

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

3 beds2 baths1,421 sqft
$225,000
Jul 2026
$158/sqft
46 days on market
5704 Nw 83rd St, Oklahoma City, OK 73132
Market Benchmark

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

4 beds2 baths1,944 sqft
$225,000
Jul 2026
$116/sqft
30 days on market
7608 Rumsey Rd, Oklahoma City, OK 73132
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds2 baths2,103 sqft
$192,000
Jul 2026
$91/sqft
16 days on market
8816 Aaron Dr, Oklahoma City, OK 73132
Value

Below-market acquisition. Investor purchase with value-add potential through renovation.

3 beds1 baths1,605 sqft
$145,000
Aug 2026
$90/sqft
7 days on market
8813 Rambling Rd, Oklahoma City, OK 73132
Value

Sold below market average

3 beds1 baths1,328 sqft
$100,000
Aug 2026
$75/sqft
45 days on market

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

-$472/mo
73132 Avg Rent
73132 Cost to Own
Rent$1,025
Own$1,497

20% down, 6.76% rate, 1.1% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

73132 Avg nightly rate
73132 Avg occupancy (days/year)
Nightly rate$149/night
Occupancy219 of 365 days

Data Sources

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

Report generated: 9/16/2026

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