Oklahoma City, OK 73170 Real Estate Market Report

ZIP Code: 73170
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.

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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 73170 are averaging 6.4% as of May 2026, reflecting the prevailing market environment for property owners in this area.

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 primary indicator of local market value is the median sold price; recent transactions show 265,000, which should be treated as the representative recent sale for underwriting and comp selection (representative recent sale).

2. There is a meaningful gap between seller expectations and realized transactions: the median listing price sits at 396,900, which may indicate pricing friction and potential downward negotiation toward the median sold price.

3. Market velocity is slow based on the median days on market of 203, which suggests slower sales velocity and a need for longer marketing windows or more aggressive pricing to accelerate closings.

4. Financing and rental context is mixed: mortgage costs are notable with a local 30‑year average of 6.4%, and rent trends are rising while the median market rent is 1,376; elevated interest rate pressure may limit buyer purchasing power even as rent increases support investor income expectations (elevated interest rate pressure).

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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.