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

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Executive Overview

The median sold price in Oklahoma City, OK (ZIP: 73179) stands at $260,000, reflecting a stable market environment. Recent trends indicate that the neighborhood has increased up since the previous year, suggesting a resilient demand despite some fluctuations in pricing. The market appears to be moderating towards a balanced temperature, with overall sentiment supported by positive local economic growth.

Transaction activity shows signs of slower sales velocity, as evidenced by a median days on market of 315 days. This extended period may indicate elevated inventory levels relative to sales, suggesting that while prices are stable, the pace of transactions is not as brisk as in previous periods. The median listing price at $304,900 indicates a notable gap compared to the median sold price, which may reflect seller expectations that are not fully aligned with current market realities.

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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 the Oklahoma City market average around 6.375% to 6.56%, which is notably higher than recent lows seen around 5.92% 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 median sold price of $260,000 indicates a stable market, with recent price trends showing positive movement up since last year.

2. With a median days on market of 315 days, the market is experiencing slower sales velocity, suggesting elevated inventory levels relative to sales activity.

3. The median listing price of $304,900 presents a significant gap compared to the sold price, indicating potential pricing friction as sellers adjust expectations.

4. The median market rent is $2,020, which remains strong despite a slower pace of rent increases, reflecting continued demand in the rental market.

5. Interest rate pressure is currently elevated, with mortgage rates averaging between 6.375% to 6.56%, potentially impacting buyer affordability and overall market dynamics.

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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.