The story of this market
The typical home in ZIP 73159 sells for about $195,000, or $135 per square foot.
Prices are up +2.6% from a year ago, so sellers still have some momentum. Homes take about 43 days to sell. HUD's fair market rent for a two-bedroom is $1,168 a month.
ZIP 73159 — Oklahoma City
The 73159 housing market is characterized by steady demand and affordability, with a median sale price of $195,000. While days on market have increased, the area remains a competitive entry point for buyers, supported by its proximity to major employment hubs like Tinker AFB. Market conditions are stable, reflecting a balance between local inventory and consistent buyer interest.
This ZIP is well-suited for first-time homebuyers, working-class families, and commuters seeking affordable housing with convenient access to major highways. It is less attractive to luxury buyers but offers solid value for those prioritizing proximity to South OKC employment hubs.
Median prices moved up 2.6% year over year.
Homes spend a median of 43 days on market with 3.2 months of supply — a fast-moving market.
12% 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 4.1% · poverty 17.7% — 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 6.0%/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 4.6%/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 73159, 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 73159 area are generally consistent with broader Oklahoma City trends, with property crime being the primary concern. Residents are encouraged to utilize local police department crime mapping for neighborhood-specific safety updates.
Schools serving the 73159 area are primarily part of the Oklahoma City Public Schools district, which faces ongoing challenges regarding academic performance and resource allocation. Some areas may be served by Moore Public Schools, which generally maintain higher state accountability ratings.
The area 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 during heavy rainfall events.
Economic momentum is driven by proximity to the Will Rogers World Airport and major logistics hubs in southern Oklahoma City. Development is characterized by infill residential projects and established commercial corridors along I-240.
Property taxes are assessed by the Oklahoma County Assessor based on fair market value, with a constitutional cap on annual valuation increases for homestead properties. Tax rates are determined by the aggregate of municipal, county, and school district millage rates.
Residents benefit from direct access to I-240 and I-35, providing efficient transit to downtown Oklahoma City and the Tinker Air Force Base employment hub. Public transit options are limited, making personal vehicle ownership the primary mode of commuting.
The area features several community parks and is within a short drive of the South Lakes Park complex. Shopping and dining amenities are concentrated along the I-240 corridor and near the intersection of S. Western Ave and SW 89th St.
The rental market shows steady demand, particularly for multi-family units, with rents reflecting the area's affordability relative to the broader metro. Vacancy rates remain stable, supported by the area's proximity to major employment centers.
The local economy is anchored by logistics, aviation, and healthcare services, with significant employment provided by nearby Tinker Air Force Base and the Will Rogers World Airport. The industry mix is heavily weighted toward blue-collar and service-sector roles.
The area is served by a grid-based road network with high reliance on I-240 and I-35 for regional connectivity. Public transportation via EMBARK is available but limited in frequency and coverage compared to the urban core.
Development is largely focused on the revitalization of existing commercial centers and small-scale residential infill. No major master-planned communities are currently under construction within the ZIP boundaries.
The Oklahoma County Assessor manages property valuations, utilizing a mass appraisal system that is updated annually to reflect market conditions. Appeals are handled through the County Board of Equalization.
Parcels are subject to standard municipal and county tax levies, with some areas falling under specific school district boundaries that influence local tax rates. No major MUDs or PIDs are prevalent in this established area.
Property insurance premiums in this region are influenced by the high frequency of severe weather events, including hail and wind damage. Market health is stable, though carriers are increasingly sensitive to roof age and condition.
Oklahoma continues to see modest net domestic migration gains, 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, which typically results in longer timelines for lenders.
Sellers are required to provide a Residential Property Condition Disclosure Statement, detailing known material defects in the property.
Data retrieved from data.census.gov using ZCTA 73159 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 City415.6 mi
- Hurricane Harbor Oklahoma City45.1 mi
- Brickopolis Family Entertainment Center4.56.4 mi
- Dave & Buster's Oklahoma City4.29.5 mi
- Sky Zone4.117.4 mi
- Paycom Center4.76.1 mi
- Lloyd Noble Center4.515.7 mi
- Gaylord Family - Oklahoma Memorial Stadium4.814.6 mi
- Oklahoma City Convention Center4.75.9 mi
- Topgolf Oklahoma City4.414.9 mi
- Oklahoma City Zoo4.510.9 mi
- Newcastle Casino3.87.8 mi
- Oklahoma City National Memorial & Museum4.96.6 mi
- Science Museum Oklahoma4.710.8 mi
- Cinemark Tinseltown Oklahoma City and XD4.511.2 mi
- Oklahoma City National Memorial & Museum4.96.6 mi
- Science Museum Oklahoma4.710.8 mi
- National Cowboy & Western Heritage Museum4.811.4 mi
- Devon Park4.711.2 mi
- SKELETONS: Museum of Osteology4.87.6 mi
- Oklahoma City Zoo4.510.9 mi
- Scissortail Park4.75.8 mi
- Oklahoma City National Memorial & Museum4.96.6 mi
- Myriad Botanical Gardens4.76.2 mi
- Buck Thomas Park4.56.5 mi
- Lake Stanley Draper Marina4.311.2 mi
- Lake Overholser Boathouse4.49.4 mi
- Lake Hefner Marina4.511.2 mi
- Lincoln Park Golf Course4.610.3 mi
- Earlywine Golf Course4.32.6 mi
- Lake Hefner Golf Club4.211.5 mi
- Oklahoma City Golf & Country Club4.611 mi
- Trosper Golf Course4.46.6 mi
- Penn Square Mall4.39.6 mi
- OKC Outlets4.46.6 mi
- WinCo Foods4.38.6 mi
- Old Paris Flea Market4.26.9 mi
- Sooner Mall4.112.5 mi
- Will Rogers International Airport4.41.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Large municipal park offering walking trails, fishing ponds, and sports fields.
Major commercial artery featuring numerous retail centers and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.