Oklahoma City, OK 73170 Real Estate Market Report

ZIP Code: 73170
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

In Oklahoma City, OK (ZIP: 73170), the median sold price stands at $279,000, reflecting a notable year-over-year decline. This contrasts sharply with the broader Oklahoma City metro area, which has seen modest home price appreciation. The market's current dynamics suggest a shift towards balance, with buyers gaining more leverage due to easing affordability and elevated inventory levels.

The median days on market is 166, indicating a slower sales velocity, while the median listing price is significantly higher at $345,450. This pricing friction may suggest a gap between seller expectations and actual market conditions. Overall, the market appears to be stabilizing, although the elevated interest rate pressure and a neutral market temperature may impact future transaction activity.

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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 are around 5.88% to 6.07%, which is notably lower than the 6.56% to 6.85% rates seen in early 2025 or February 2025.

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 median sold price of $279,000 indicates a significant pricing gap compared to the median listing price of $345,450, suggesting pricing friction in the market.

2. With a median days on market of 166, the market is experiencing slower sales velocity, which may deter potential buyers.

3. Elevated inventory levels relative to sales activity suggest excess supply, impacting overall market liquidity.

4. The median market rent is $1,890, which may indicate stable rental demand despite a year-over-year decline in rent trends.

5. Current mortgage rates between 5.88% and 6.07% are notably lower than previous rates, which could provide some relief for buyers in the market.

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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.