The story of this market
The typical home in ZIP 74055 sells for about $323,333, or $168 per square foot.
Prices are up +2% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $1,268 a month.
ZIP 74055 — Owasso
The Owasso housing market remains a warm seller's market, characterized by steady demand and a median home value of approximately $317,793. While inventory has increased slightly, homes continue to sell near the asking price, reflecting the area's ongoing appeal as a suburban hub for the Tulsa metro.
Owasso is ideal for families and commuters seeking suburban living with access to quality schools and modern amenities within a short drive of Tulsa.
Median prices moved up 2.0% year over year.
Homes spend a median of 50 days on market with 5.5 months of supply — a balanced-paced market.
21% of listings have cut prices · homes sell at 99.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.6% · poverty 6.6% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 74055, Tulsa 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.
Owasso is served by the Owasso Public Schools district, which is generally regarded as a high-performing district in the Tulsa metropolitan area.
The area is subject to standard Oklahoma weather risks, including severe thunderstorms and tornado activity, which influence local property insurance premiums.
Owasso has experienced significant suburban growth as a bedroom community for Tulsa, with ongoing expansion in retail and residential infrastructure.
Property taxes are assessed by the Tulsa County Assessor based on fair market value, with rates determined by local millage levies including school district and municipal taxes.
Owasso serves as a primary commuter suburb for Tulsa, with residents typically utilizing US-169 for direct access to the Tulsa employment core.
The area features extensive local parks, the Owasso Sports Park, and proximity to golf courses and shopping centers along the 169 corridor.
The rental market shows steady demand with a median rent of $1,795, though inventory levels have put some pressure on pricing.
The local economy is anchored by retail, education, and healthcare services, with many residents commuting to major employers in the broader Tulsa metropolitan area.
Transportation is primarily automobile-dependent, with US-169 serving as the main arterial highway connecting the city to the Tulsa metro.
Ongoing development focuses on expanding residential subdivisions and commercial retail space along the major highway corridors.
The Tulsa County Assessor manages property valuations for the area, adhering to state-mandated assessment cycles.
Parcels are subject to levies from the Owasso Public Schools district and various municipal utility and emergency service districts.
Property insurance premiums in the region are influenced by the high frequency of severe weather events, including hail and wind damage.
Data retrieved from census.gov ZCTA 74055 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.
- Cinergy Tulsa4.314.7 mi
- Slick City Action Park4.712.9 mi
- Urban Air Trampoline and Adventure Park4.414 mi
- Andy B's - Tulsa, OK4.317.5 mi
- Sky Zone Trampoline Park4.314 mi
- River Spirit Casino Resort4.217.5 mi
- BOK Center4.612.2 mi
- Oklahoma Aquarium4.618.7 mi
- Expo Square4.610.8 mi
- Arvest Convention Center4.312.4 mi
- Tulsa Zoo4.55.7 mi
- Philbrook Museum of Art4.812.7 mi
- Center of the Universe4.311.8 mi
- AMC Southroads 204.212.4 mi
- Blue Whale of Catoosa4.57.9 mi
- Philbrook Museum of Art4.812.7 mi
- Discovery Lab4.513.5 mi
- The Outsiders House Museum4.710.6 mi
- Golden Driller Statue4.611 mi
- Tulsa Air and Space Museum4.35.7 mi
- Center of the Universe4.311.8 mi
- Woodward Park and Gardens4.712.4 mi
- Guthrie Green4.711.7 mi
- Whiteside Park4.512.6 mi
- Mohawk Park4.55.1 mi
- CrossTimbers Marina4.815.3 mi
- Redbud Marina4.313.8 mi
- The Patriot Golf Club4.84.2 mi
- Tulsa Country Club4.512.3 mi
- Mohawk Park Golf Course3.66.1 mi
- Bailey Ranch Golf Course4.41.7 mi
- Heritage Hills Golf Course3.810.7 mi
- Utica Square4.512 mi
- Ross Dress for Less412.5 mi
- Burlington410.6 mi
- Dillard's Clearance Center4.312.6 mi
- Plaza Santa Cecilia Indoor Mall4.39.8 mi
- Tulsa International Airport4.55.7 mi
- Tulsa Air and Space Museum4.35.7 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 local facility for youth and adult sports leagues.
A revitalized downtown area featuring local shops and restaurants.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.