The story of this market
The typical home in ZIP 73117 sells for about $244,000, or $116 per square foot.
Prices are up +11.8% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $950 a month.
ZIP 73117 — Oklahoma City
The 73117 housing market is experiencing significant price appreciation despite broader economic challenges, driven by low inventory levels. While median prices have risen, the area remains one of the most affordable in the Oklahoma City market, though high poverty rates and aging housing stock continue to influence market dynamics.
This ZIP is primarily suited for budget-conscious renters and first-time homebuyers looking for entry-level housing near the urban core of Oklahoma City.
Median prices moved up 11.8% year over year.
Homes spend a median of 45 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 9.8% · poverty 38.5% — elevated distress and economic pressure.
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 12.0%/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 8.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 73117, 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 this area are significantly higher than the Oklahoma City and national averages, with property and violent crime being primary concerns for residents.
Public schools serving this ZIP are generally rated below average, with many institutions facing challenges in academic performance and resource allocation.
The area is subject to standard Oklahoma climate risks, including severe thunderstorms, high winds, and occasional tornado activity; flood risk is localized.
Economic momentum is limited compared to the broader Oklahoma City metro, with development primarily focused on infill and community-based revitalization efforts.
Property taxes are assessed by Oklahoma County based on fair market value, with standard homestead exemptions available for primary residences.
Residents have relatively short drive times to downtown Oklahoma City, typically under 20 minutes via I-35 or local arterial roads.
The area features several local parks and community centers, though access to large-scale regional amenities and major shopping districts requires travel outside the immediate ZIP.
The rental market is characterized by high demand for affordable housing, with limited new supply and a significant presence of individual investors.
The local economy is heavily influenced by the broader Oklahoma City labor market, with significant employment in government, healthcare, and education sectors.
The area is served by the EMBARK bus system, providing connectivity to the downtown Oklahoma City employment core.
Development is largely focused on small-scale residential infill and public infrastructure improvements supported by city grants.
The Oklahoma County Assessor manages property valuations, with assessments updated annually based on market data.
Parcels are subject to Oklahoma City municipal taxes and Oklahoma County school district levies.
Property insurance premiums are influenced by regional exposure to severe weather, including wind and hail risks common in central Oklahoma.
Data retrieved from data.census.gov ZCTA 73117 profile.
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 City47.9 mi
- Hurricane Harbor Oklahoma City47.6 mi
- Brickopolis Family Entertainment Center4.53.1 mi
- Dave & Buster's Oklahoma City4.27.3 mi
- Sky Zone4.111 mi
- Paycom Center4.73.5 mi
- Lloyd Noble Center4.519.7 mi
- Oklahoma City Convention Center4.73.6 mi
- Topgolf Oklahoma City4.410.1 mi
- Gaylord Family - Oklahoma Memorial Stadium4.818.4 mi
- Oklahoma City Zoo4.53.7 mi
- Oklahoma City National Memorial & Museum4.93.5 mi
- Science Museum Oklahoma4.73.7 mi
- Cinemark Tinseltown Oklahoma City and XD4.54.3 mi
- Frontier City47.9 mi
- Oklahoma City National Memorial & Museum4.93.5 mi
- Science Museum Oklahoma4.73.7 mi
- National Cowboy & Western Heritage Museum4.84.7 mi
- Devon Park4.73.6 mi
- SKELETONS: Museum of Osteology4.87.5 mi
- Oklahoma City Zoo4.53.7 mi
- Scissortail Park4.73.7 mi
- Oklahoma City National Memorial & Museum4.93.5 mi
- Myriad Botanical Gardens4.73.6 mi
- Buck Thomas Park4.58.3 mi
- Lake Stanley Draper Marina4.38.6 mi
- Lake Overholser Boathouse4.412.1 mi
- Lake Hefner Marina4.59.7 mi
- Topgolf Oklahoma City4.410.1 mi
- Lincoln Park Golf Course4.62.8 mi
- Earlywine Golf Course4.311 mi
- Lake Hefner Golf Club4.210 mi
- Oklahoma City Golf & Country Club4.67.5 mi
- Penn Square Mall4.36.2 mi
- OKC Outlets4.410.9 mi
- Quail Springs Mall4.311.3 mi
- WinCo Foods4.37.6 mi
- Old Paris Flea Market4.21.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local community park providing green space and recreational facilities.
Community anchor providing educational resources and public services.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.