The story of this market
The typical home in ZIP 73109 sells for about $139,321, or $135 per square foot.
Prices are down 2.1% from a year ago, which gives buyers more room to negotiate. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 73109 — Oklahoma City
The 73109 housing market remains a stable, entry-level segment of the Oklahoma City metro area, characterized by high affordability and consistent demand for lower-priced inventory. While median prices have seen a slight year-over-year decline, the market remains balanced with a moderate supply of homes. Growth is driven by its proximity to major employment hubs and the ongoing demand for workforce housing.
This ZIP is well-suited for first-time homebuyers, budget-conscious families, and investors seeking entry-level rental properties. Its proximity to downtown makes it a practical choice for commuters who prioritize affordability over suburban amenities.
Median prices moved down 2.1% year over year.
Homes spend a median of 48 days on market with 3.2 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 24.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 73109, Oklahoma County, OK
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the 73109 area are higher than the Oklahoma City average, with property crime being the most frequently reported issue. Local law enforcement maintains a consistent presence, but residents are encouraged to utilize neighborhood watch programs.
Schools serving this ZIP are part of the Oklahoma City Public Schools district, which generally faces challenges with academic performance metrics compared to suburban districts in the metro area.
The area is subject to standard Oklahoma risks, including severe thunderstorms, high winds, and occasional tornado activity. Flood risk is localized to specific low-lying areas near drainage basins.
Economic momentum is driven by proximity to the Oklahoma City industrial corridor and downtown employment centers. Development is primarily infill-focused rather than large-scale master-planned expansion.
Property taxes are assessed by the Oklahoma County Assessor based on fair market value, with millage rates determined by local school districts and municipal levies. Homestead exemptions are available for primary residences.
Residents benefit from direct access to I-35 and I-44, providing a 10-15 minute commute to downtown Oklahoma City. Public transit options are limited, making personal vehicle ownership the primary mode of transportation.
The area features several neighborhood parks and is within a short drive of the Oklahoma River trails and the amenities of the Capitol Hill district. Shopping and dining are concentrated along the major arterial roads like S Western Ave.
The rental market is characterized by high demand for affordable single-family homes and duplexes. Vacancy rates remain low due to the area's affordability relative to the broader metro market.
The local economy is anchored by manufacturing, logistics, and service-sector jobs. Proximity to the Will Rogers World Airport and major highway interchanges supports a steady industrial employment base.
The area is served by a grid-based road network with major access to I-35 and I-44. Public transit is provided by EMBARK, though service frequency is limited compared to the urban core.
Development is largely focused on the revitalization of existing housing stock and small-scale commercial infill projects. No major master-planned communities are currently under construction within the ZIP.
The Oklahoma County Assessor maintains annual property valuations based on market data and physical inspections. Appeals processes are available for property owners contesting their assessed values.
Parcels are subject to Oklahoma City municipal taxes and Oklahoma City Public Schools district levies. No major MUDs or PIDs are currently active in this established urban area.
Property insurance premiums are influenced by the region's high exposure to wind and hail damage. Market health is stable, though carriers are increasingly sensitive to roof age and condition.
Oklahoma continues to see positive net domestic migration, driven by affordability and a lower cost of living compared to coastal states.
Oklahoma is a judicial foreclosure state, requiring court intervention to complete the foreclosure process. This typically results in longer timelines for lenders compared to non-judicial states.
Sellers are required to provide a Residential Property Condition Disclosure Statement, detailing known material defects in the property.
Data retrieved from data.census.gov; figures reflect ZCTA-level reporting.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Frontier City411.3 mi
- Hurricane Harbor Oklahoma City44.3 mi
- Brickopolis Family Entertainment Center4.52.1 mi
- Dave & Buster's Oklahoma City4.26.8 mi
- Sky Zone4.113.6 mi
- Paycom Center4.71.9 mi
- Lloyd Noble Center4.517.7 mi
- Gaylord Family - Oklahoma Memorial Stadium4.816.5 mi
- Oklahoma City Convention Center4.71.7 mi
- Topgolf Oklahoma City4.411.6 mi
- Oklahoma City Zoo4.56.6 mi
- Newcastle Casino3.811.8 mi
- Oklahoma City National Memorial & Museum4.92.6 mi
- Science Museum Oklahoma4.76.6 mi
- Cinemark Tinseltown Oklahoma City and XD4.57 mi
- Oklahoma City National Memorial & Museum4.92.6 mi
- Science Museum Oklahoma4.76.6 mi
- National Cowboy & Western Heritage Museum4.87.2 mi
- Devon Park4.76.9 mi
- SKELETONS: Museum of Osteology4.86.6 mi
- Oklahoma City Zoo4.56.6 mi
- Scissortail Park4.71.7 mi
- Oklahoma City National Memorial & Museum4.92.6 mi
- Myriad Botanical Gardens4.72.1 mi
- Buck Thomas Park4.56.5 mi
- Lake Stanley Draper Marina4.39.4 mi
- Lake Overholser Boathouse4.49.4 mi
- Lake Hefner Marina4.59 mi
- Topgolf Oklahoma City4.411.6 mi
- Lincoln Park Golf Course4.65.9 mi
- Earlywine Golf Course4.36.8 mi
- Lake Hefner Golf Club4.29.3 mi
- Oklahoma City Golf & Country Club4.67.9 mi
- Penn Square Mall4.36.3 mi
- OKC Outlets4.47.4 mi
- Quail Springs Mall4.312.5 mi
- WinCo Foods4.36.3 mi
- Old Paris Flea Market4.22.6 mi
- Will Rogers International Airport4.45.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic commercial district with local shops and restaurants.
Extensive paved trails for walking and cycling along the river.
Provides recreational facilities and community programming.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.