Oklahoma City, OK 73179 Real Estate Market Report

ZIP Code: 73179
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 for properties in Oklahoma City are 6.46%, reflecting a stable market environment for homeowners in the 73179 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 of 269,900, which positions recent transactions well below current asking expectations and suggests realized selling levels are materially lower than listing benchmarks.

2. Despite a higher median listing price of 340,125, observed transaction prices imply pricing friction between seller expectations and market-clearing prices, which may require sellers to adjust pricing or offer concessions to align with buyer willingness to pay.

3. The median days on market of 290 points to slower sales velocity and longer time-to-contract than typical fast-turn markets; combined with a neutral market temperature, this suggests a balanced market where patience is required for price discovery.

4. Macro and cost-of-capital signals are a headwind: interest rate pressure is elevated, and current 30-year fixed mortgage rates for properties in Oklahoma City are 6.46%, which may moderate buyer purchasing power even as price and rent trends are both showing upward movement.

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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.