Oklahoma City, OK 73179 Real Estate Market Report

ZIP Code: 73179
Report Date: February 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only

---

Executive Overview

As of February 2026, the real estate market in Oklahoma City, OK (ZIP: 73179) is characterized by a median sold price of $260,000, reflecting a stable market environment. The neighborhood has shown a year-over-year price trend that is up, indicating a gradual appreciation in property values despite localized softening in price per square foot. This suggests that while overall prices are increasing, the rate of appreciation may be uneven across different segments of the market.

Transaction activity appears moderate, with median days on market extending to 297 days, indicating slower sales velocity and a potential adjustment period for buyers and sellers. The current market temperature is assessed as neutral, suggesting a balance between supply and demand, although elevated inventory levels may create pricing friction as buyers navigate their options. Overall, the market is stabilizing, with new construction continuing to attract significant interest, which may further influence local dynamics.

---

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

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.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Oklahoma City, OK, average around 5.75% to 5.88% in February 2026, which is slightly lower than some reported averages for the start of 2026.

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

---

Key Findings

1. The median listing price is $313,825, indicating a potential gap between seller expectations and actual market performance.

2. With a median days on market of 297, the market is experiencing slower sales velocity, which may impact buyer urgency.

3. The median price per square foot stands at $158.47, reflecting localized softening in pricing trends despite an overall year-over-year price trend that is up.

4. The median market rent is $2,020, suggesting a stable rental environment that may attract investors looking for rental opportunities.

5. Current interest rate pressure is assessed as moderate, with mortgage rates averaging between 5.75% and 5.88%, which may influence buyer affordability and market activity.

---

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.