The story of this market
The typical home in ZIP 73129 sells for about $97,500, or $115 per square foot.
Prices are down 31.8% from a year ago, which gives buyers more room to negotiate. Homes take about 47 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
ZIP 73129 — Oklahoma City
The 73129 housing market is currently experiencing a significant price correction, with median values declining by over 30% year-over-year. High inventory levels relative to sales volume and broader economic pressures are driving this downward trend. The market remains competitive for entry-level buyers, but overall sentiment is cautious as values stabilize.
This ZIP is primarily suited for budget-conscious first-time homebuyers and investors seeking entry-level properties, as the area offers some of the most affordable housing stock in the Oklahoma City metro.
Median prices moved down 31.8% year over year.
Homes spend a median of 47 days on market with 3.2 months of supply — a fast-moving market.
18% of listings have cut prices · homes sell at 98.2% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.5% · poverty 24.0% — 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 5.5%/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 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 73129, 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.
The area experiences higher-than-average property and violent crime rates compared to the broader Oklahoma City metropolitan region.
Public schools serving this ZIP are generally rated below average, with many institutions facing challenges in academic performance metrics.
The region is subject to severe weather risks, including tornadoes and high winds, which significantly influence property insurance premiums and coverage availability.
Economic momentum is driven by proximity to the Oklahoma City industrial corridor and ongoing urban infill projects, though large-scale commercial development remains limited.
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.
Residents typically rely on personal vehicles for commuting, with direct access to I-35 and I-40 providing relatively efficient transit to downtown Oklahoma City.
The area features several local neighborhood parks and is within a short drive of the Oklahoma River trails and various shopping centers along the Shields Boulevard corridor.
The rental market is characterized by high demand for affordable housing, with a significant presence of small-scale investors and older multi-family properties.
The local economy is heavily influenced by the manufacturing, logistics, and retail sectors, with many residents employed in the nearby industrial parks of South Oklahoma City.
The area is well-served by major highway interchanges, facilitating regional transit, though public transportation options remain limited.
Development is focused on small-scale residential renovations and the revitalization of existing commercial properties along major thoroughfares.
The Oklahoma County Assessor maintains annual property valuations based on market data and physical inspections.
Parcels are subject to Oklahoma City municipal taxes and Oklahoma County school district levies.
Property insurance costs are elevated due to the high frequency of storm-related claims in the central Oklahoma region.
Data retrieved from US Census Bureau ZCTA profiles.
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 mi
- Hurricane Harbor Oklahoma City45.8 mi
- Brickopolis Family Entertainment Center4.52.5 mi
- Dave & Buster's Oklahoma City4.27.7 mi
- Sky Zone4.113.7 mi
- Paycom Center4.72.5 mi
- Lloyd Noble Center4.517.1 mi
- Gaylord Family - Oklahoma Memorial Stadium4.815.9 mi
- Oklahoma City Convention Center4.72.4 mi
- Topgolf Oklahoma City4.412.1 mi
- Oklahoma City Zoo4.56.5 mi
- Newcastle Casino3.812.3 mi
- Oklahoma City National Memorial & Museum4.93.2 mi
- Science Museum Oklahoma4.76.4 mi
- Cinemark Tinseltown Oklahoma City and XD4.56.9 mi
- Oklahoma City National Memorial & Museum4.93.2 mi
- Science Museum Oklahoma4.76.4 mi
- National Cowboy & Western Heritage Museum4.87.2 mi
- Devon Park4.76.6 mi
- SKELETONS: Museum of Osteology4.85.4 mi
- Oklahoma City Zoo4.56.5 mi
- Scissortail Park4.72.4 mi
- Oklahoma City National Memorial & Museum4.93.2 mi
- Myriad Botanical Gardens4.72.7 mi
- Buck Thomas Park4.55.7 mi
- Lake Stanley Draper Marina4.38 mi
- Lake Overholser Boathouse4.410.9 mi
- Little River Marina4.620 mi
- Lake Hefner Marina4.510.1 mi
- Topgolf Oklahoma City4.412.1 mi
- Lincoln Park Golf Course4.65.6 mi
- Earlywine Golf Course4.37.5 mi
- Lake Hefner Golf Club4.210.4 mi
- Oklahoma City Golf & Country Club4.68.6 mi
- Penn Square Mall4.37.1 mi
- OKC Outlets4.49 mi
- WinCo Foods4.37.4 mi
- Old Paris Flea Market4.21.6 mi
- Will Rogers International Airport4.46.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Extensive trail system for walking and cycling.
Primary commercial corridor with local retail and dining options.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.