Oklahoma City, OK 73142 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 primary indicator of recent market value is the median sold price: $400,000, which serves as the representative recent sale level and suggests realized buyer willingness to pay within the ZIP code.
2. There is a gap between median listing price: $420,000 and the median sold price, which may indicate pricing friction as sellers' expectations exceed recent transaction prices; this dynamic appears alongside neutral market conditions.
3. Market velocity is slower than peak-market norms based on median days on market: 48, which suggests longer time-to-contract and down pressure on price momentum.
4. Price dynamics are occurring as broader signals show down year-over-year price trend while rent is up year-over-year and interest rate pressure is elevated; current financing conditions note 30-year fixed mortgage rates averaging approximately 7.1%, which may sustain caution among buyers and constrain purchasing power.

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.