Oklahoma City, OK 73162 Real Estate Market Report

ZIP Code: 73162
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the Oklahoma City market reflects a median sold price of $261,950, indicating a stable market despite recent fluctuations. The neighborhood has increased up since 2023, suggesting a positive trend in property values. However, the median days on market stands at 173, which indicates a slower sales velocity and may suggest that buyers are exercising caution in their purchasing decisions.

The current market conditions reveal elevated inventory levels relative to sales activity, contributing to a neutral market temperature. While the median listing price is $275,000, the gap between listing and sold prices suggests potential pricing friction, as sellers may need to adjust expectations to align with buyer sentiment. Overall, the market appears to be transitioning towards a more balanced state, with economic fundamentals supporting steady appreciation.

---

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

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

---

Property Taxes

---

Liquidity & Velocity

---

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, OK, average around 6.17% to 6.56%, which is higher than the 2026 origination average rate of 4.250% to 6.84%.

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

---

Key Findings

1. The median sold price of $261,950 indicates a stable market with positive growth trends.

2. With a median days on market of 173, the market is experiencing slower sales velocity, suggesting buyers are taking more time to make decisions.

3. The median listing price of $275,000 reflects potential pricing friction as it exceeds the sold price, indicating sellers may need to adjust expectations.

4. The market temperature is currently neutral, suggesting a balanced environment between buyers and sellers.

5. Elevated inventory levels relative to sales activity may indicate excess supply, impacting overall market liquidity.

---

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.