The story of this market
The typical home in ZIP 73118 sells for about $300,000, or $183 per square foot.
Prices are up +10.1% from a year ago, so sellers still have some momentum. Homes take about 81 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,397 a month.
ZIP 73118 — Oklahoma City
The 73118 housing market shows resilience with a median sale price of $300,000 and a 10.1% year-over-year increase. While days on market have lengthened to 81, the market remains somewhat competitive, driven by limited inventory and high demand for established neighborhoods. The rental market remains steady with a median rent of $1,397.
This ZIP is ideal for established families, professionals, and downsizers who value proximity to the city center, historic charm, and access to high-quality local amenities.
Median prices moved up 10.1% year over year.
Homes spend a median of 81 days on market with 2.6 months of supply — a balanced-paced market.
6% 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 3.2% · poverty 8.5% — a stable, low-distress 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 4.9%/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 4.9%/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 73118, 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 trends in the 73118 area are generally consistent with urban Oklahoma City patterns, with property crime being the primary concern compared to violent crime. Regional comparisons indicate the area remains a stable, established residential enclave.
The area is served by the Oklahoma City Public Schools district, with several highly-rated private and public magnet options nearby that contribute to the area's appeal for families.
The region is subject to standard Oklahoma climate risks, including severe thunderstorms, high winds, and occasional tornado activity. Flood risk is generally low, though localized drainage issues can occur in older neighborhoods.
Economic momentum is driven by proximity to the Oklahoma City urban core, the nearby Nichols Hills commercial district, and major medical and educational institutions. Infrastructure investment remains focused on maintaining the historic character of the area while supporting infill development.
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 to mitigate tax burdens.
Residents enjoy a central location with efficient access to major corridors like I-44 and I-235, providing a short drive to downtown Oklahoma City and the major employment hubs of the metro area.
The ZIP features proximity to several parks, including the expansive Will Rogers Park and the nearby Lake Hefner trails, offering extensive outdoor recreation and golf opportunities.
The rental market is characterized by steady demand from professionals and students, with a mix of single-family homes and apartment complexes. Vacancy pressure remains low due to the area's central location and desirability.
The local economy is anchored by the broader Oklahoma City metro, with significant employment in energy, healthcare, and government sectors.
The area is primarily car-dependent, though it benefits from proximity to major highway interchanges that facilitate regional transit.
Development is focused on maintaining neighborhood density and historic preservation, with limited large-scale new construction.
The Oklahoma County Assessor manages property valuations, with assessments typically updated annually to reflect market changes.
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.
Data retrieved from data.census.gov ZCTA-level tables.
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 City46.7 mi
- Hurricane Harbor Oklahoma City45.3 mi
- Brickopolis Family Entertainment Center4.54.1 mi
- Dave & Buster's Oklahoma City4.22.1 mi
- Sky Zone4.17.9 mi
- Paycom Center4.74.1 mi
- Oklahoma City Convention Center4.74.4 mi
- Topgolf Oklahoma City4.45.6 mi
- OKC Fair Park4.23.9 mi
- Chicken N Pickle - Oklahoma City4.42.7 mi
- Oklahoma City Zoo4.53.2 mi
- Oklahoma City National Memorial & Museum4.93.5 mi
- Science Museum Oklahoma4.73.1 mi
- Cinemark Tinseltown Oklahoma City and XD4.52.9 mi
- Frontier City46.7 mi
- Oklahoma City National Memorial & Museum4.93.5 mi
- Science Museum Oklahoma4.73.1 mi
- National Cowboy & Western Heritage Museum4.82.8 mi
- Devon Park4.73.7 mi
- SKELETONS: Museum of Osteology4.811.9 mi
- Oklahoma City Zoo4.53.2 mi
- Scissortail Park4.74.4 mi
- Oklahoma City National Memorial & Museum4.93.5 mi
- Myriad Botanical Gardens4.74 mi
- Buck Thomas Park4.512.2 mi
- Lake Overholser Boathouse4.47.8 mi
- Lake Hefner Marina4.54.3 mi
- Topgolf Oklahoma City4.45.6 mi
- Lincoln Park Golf Course4.63.5 mi
- Earlywine Golf Course4.312.1 mi
- Lake Hefner Golf Club4.24.5 mi
- Kickingbird Golf4.410.7 mi
- Penn Square Mall4.30.8 mi
- OKC Outlets4.47.8 mi
- Quail Springs Mall4.36.5 mi
- WinCo Foods4.32.9 mi
- Old Paris Flea Market4.25.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A large municipal park featuring gardens, trails, and recreational facilities.
A major regional reservoir offering sailing, fishing, and extensive walking/biking trails.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.