The story of this market
The typical home in ZIP 73162 sells for about $274,862, or $161 per square foot.
Prices are roughly flat from a year ago (-0.59%), a market in balance. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,016 a month.
This ZIP has no home sales of its own, so its market figures come from Oklahoma City, Oklahoma (city-level). Population, rents, hazards, lending and amenities are this ZIP's own readings.
ZIP 73162 — Oklahoma City
The 73162 housing market is currently experiencing a competitive environment with a median price of $245,000. While year-over-year prices have seen a slight decline, the area remains a desirable suburban location with steady demand and low inventory levels.
This ZIP is well-suited for family buyers and professionals seeking suburban living with convenient access to major highway corridors and regional amenities.
Median prices moved down 0.6% year over year.
Homes spend a median of 37 days on market with 3.0 months of supply — a fast-moving market.
36% of listings have cut prices · homes sell at 98.3% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.7% · poverty 7.2% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 73162, 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 is served by the Putnam City School District, which provides a range of public educational options for families in the suburban northside of Oklahoma City.
The region is subject to severe weather risks, including tornadoes and high winds, which influence local property insurance premiums and building standards.
The area benefits from its proximity to major employment hubs in northern Oklahoma City and the nearby city of Edmond, with steady suburban residential development.
Property taxes are assessed by Oklahoma County based on fair market value, with rates determined by local millage levies that include school district and municipal funding requirements.
Residents primarily rely on personal vehicles for commuting, with convenient access to the Hefner Parkway and Kilpatrick Turnpike providing routes to downtown Oklahoma City and major employment centers.
The ZIP code features access to local parks and is within a short drive of Lake Hefner, which offers trails, boating, and recreational facilities, alongside numerous retail and dining options along the Memorial Road corridor.
The rental market is characterized by steady demand from families and professionals, with a mix of single-family homes and apartment communities maintaining moderate vacancy pressure.
The local economy is anchored by the broader Oklahoma City metropolitan area, with significant employment in energy, healthcare, and government sectors.
Transportation is dominated by private vehicle use, supported by a network of arterial roads and proximity to the Kilpatrick Turnpike.
Development is focused on infill residential projects and the continued expansion of commercial retail hubs along the northern city limits.
The Oklahoma County Assessor maintains property valuations, with assessments updated annually to reflect market conditions.
Parcels are subject to levies from the Putnam City Independent School District and various municipal service districts.
Property insurance costs are influenced by the regional risk profile for wind and hail damage, necessitating comprehensive coverage for homeowners.
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 City411.2 mi
- Hurricane Harbor Oklahoma City48.7 mi
- Brickopolis Family Entertainment Center4.510.8 mi
- Dave & Buster's Oklahoma City4.25.5 mi
- Sky Zone4.19.2 mi
- Paycom Center4.710.7 mi
- Oklahoma City Convention Center4.710.8 mi
- Topgolf Oklahoma City4.46 mi
- Lucky Star Casino - Concho3.818.3 mi
- OKC Fair Park4.28.3 mi
- Oklahoma City Zoo4.510.1 mi
- Oklahoma City National Memorial & Museum4.910.1 mi
- Science Museum Oklahoma4.710 mi
- Cinemark Tinseltown Oklahoma City and XD4.59.5 mi
- Frontier City411.2 mi
- Oklahoma City National Memorial & Museum4.910.1 mi
- Science Museum Oklahoma4.710 mi
- National Cowboy & Western Heritage Museum4.89.3 mi
- Devon Park4.710.5 mi
- SKELETONS: Museum of Osteology4.818.6 mi
- Oklahoma City Zoo4.510.1 mi
- Oklahoma City National Memorial & Museum4.910.1 mi
- Scissortail Park4.710.8 mi
- Myriad Botanical Gardens4.710.5 mi
- Will Rogers Gardens4.66.1 mi
- Lake Overholser Boathouse4.45.6 mi
- Lake Hefner Marina4.53.1 mi
- Topgolf Oklahoma City4.46 mi
- Lincoln Park Golf Course4.610.7 mi
- Lake Hefner Golf Club4.22.8 mi
- Oklahoma City Golf & Country Club4.65.5 mi
- Kickingbird Golf4.411.7 mi
- Penn Square Mall4.36.5 mi
- OKC Outlets4.48.2 mi
- Quail Springs Mall4.35 mi
- WinCo Foods4.35.7 mi
- Old Paris Flea Market4.212.6 mi
- Will Rogers International Airport4.413.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional reservoir offering sailing, fishing, and extensive walking/biking trails.
A major regional shopping destination located in close proximity to the ZIP.
No county-record distress flags across 2 researched properties on the ARED base layer. Key-figure check: median price diverges 11.3% from the nearest retained anchor (researched-property base layer) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict. Validation: the flagged $245,000 failed independent re-validation and was removed (no prior-cycle value to revert to); the case is under review in the Command Center.