Home Values

Oklahoma City Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$121,000

  • 1.8% 1-year change
  • 2.1% 1-year forecast

The median home value in Oklahoma City is $121,000. Oklahoma City home values have gone up 1.8% over the past year and Zillow predicts they will rise 2.1% within the next year. The median list price per square foot in Oklahoma City is None. The median rent price in Oklahoma City is $960, which is lower than the Oklahoma City Metro median of $1,025.

Foreclosures will be a factor impacting home values in the next several years. In Oklahoma City 1.5 homes are foreclosed (per 10,000). This is greater than the Oklahoma City Metro value of 1.3 and also lower than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Oklahoma City is 4.1%, which is lower than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Oklahoma City homeowners underwater on their mortgage is 9.1%, which is lower than Oklahoma City Metro at 9.2%.

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Relative ZHVI
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Oklahoma City Market Overview

Data through May 31, 2015
  • $121,000 ZHVI
  • 2.1% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • $151,800 Median sale price
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Oklahoma City Market Health

Data through May 31, 2015
  • No recent data Very healthy
  • No data Average days on Zillow
  • 9.1% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 4.1% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

1.5 homes Oklahoma City
1.3 homes Oklahoma City Metro
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Nichols Hills $417,200
Forest Park $173,800
Moore $116,900
Name Median ZHVI
The Village $116,300
Warr Acres $98,200
Nicoma Park $94,400
Name Median ZHVI
Midwest City $82,200
Spencer $68,800
Del City $68,600

Listings & Sales

Data through May 31, 2015
  • No recent data Median list price / sq ft
  • $90 Median sale price / sq ft
  • No data Listings with price cut
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Oklahoma City Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $1,148 Oklahoma City
    $1,179 Oklahoma City Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $960 Rent list price
  • $0.80 Rent list price / sq ft
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