Tulsa Home Prices & Values

$101,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.2% 1-year change
  • 1.8% 1-year forecast

The median home value in Tulsa is $101,700. Tulsa home values have gone up 2.2% over the past year and Zillow predicts they will rise 1.8% within the next year. The median list price per square foot in Tulsa is $78, which is lower than the Tulsa Metro average of $88. The median price of homes currently listed in Tulsa is $129,500 while the median price of homes that sold is $142,350. The median rent price in Tulsa is $887, which is lower than the Tulsa Metro median of $1,025.

Foreclosures will be a factor impacting home values in the next several years. In Tulsa 10.1 homes are foreclosed (per 10,000). This is greater than the Tulsa Metro value of 6.1 and also greater than the national value of 4.4

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 Tulsa is 4.4%, which is lower than the national value of 6.9%. 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 Tulsa homeowners underwater on their mortgage is 11.6%, which is lower than Tulsa Metro at 12.0%.

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Relative ZHVI
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Tulsa Market Overview

Data through Jul 31, 2014
  • $101,700 ZHVI
  • 1.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jul 31, 2015)
  • $129,500 Median listing price
  • $142,350 Median sale price
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Tulsa Market Health

Data through Jul 31, 2014
  • 4.5/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 11.6% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.4% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

10.1 homes Tulsa
6.1 homes Tulsa Metro
4.4 homes United States
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Neighborhoods in Tulsa

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Mayo Meadow $114,000 White City $113,800 Fair Heights $112,400
Mingo Valley $108,300 Hoover $106,500 Turner Park $87,700
McClure Park $66,600 Maxwell $50,400  

Listings & Sales

Data through Jul 31, 2014
  • $78 Median list price / sq ft
  • $81 Median sale price / sq ft
  • 42.2% Listings with price cut
19.4%
Sold below listing
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Tulsa Rentals

Data through Jul 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$931 Tulsa
$1,024 Tulsa Metro
$1,318 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $887 Rent list price
  • $0.73 Rent list price / sq ft
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