Oklahoma City, OK 73179 Real Estate Market Report

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

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Executive Overview

The real estate market in Oklahoma City (ZIP: 73179) as of April 2026 is characterized by a median sold price of $255,000, reflecting a stable market with modest price appreciation. The neighborhood has seen no significant historical price change, indicating a flat trend in recent years. This stability suggests that while the market is not experiencing rapid growth, it remains resilient amidst elevated interest rate pressures, which are currently stabilizing around 6.125% for 30-year fixed mortgages.

Market activity is marked by elevated inventory levels, with a notable median days on market of 400. This extended time frame indicates slower sales velocity, which may suggest a cautious buyer sentiment. However, the median market rent has risen to $2,020, demonstrating strong rental demand that could support property values in the long term. Overall, the market appears to be in a balanced state, with a neutral to slightly warm temperature, fostering a dynamic where both buyers and sellers can find opportunities.

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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 6.125%, which is lower than the average rate of 6.56% seen in February 2026.

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 is $255,000, reflecting a stable market with modest price appreciation.

2. With a median days on market of 400, the market is experiencing slower sales velocity, indicating potential pricing friction.

3. Elevated inventory levels relative to sales activity suggest a balanced market dynamic, allowing for negotiation flexibility.

4. The median market rent has increased to $2,020, indicating strong rental demand that supports property values.

5. Current interest rates are elevated but stabilizing at 6.125%, which may influence buyer sentiment and market activity.

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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.