Mustang, OK 73064 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Mustang, OK—73064

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$275,000

2.1% YoY Growth

Household Income

$93,900

26.4% YoY Growth

Days on Market

8.0% Longer YoY

Home Price Forecast

1.7%

Median Rent

$1,600

1.2% YoY Growth

1-Bed Rent

$775

N/A

2-Bed Rent

$1,350

13.4% YoY Growth

3-Bed Rent

$1,550

0.6% YoY Growth

Home Price Trends — Mustang, OK

As of Dec '25, the median home price in Mustang, OK is $275,000, with a year-over-year change of 2.1%. This indicates that home prices in Mustang, OK are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$275,000	2.1%
Single Family	$275,000	2.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Mustang, OK

As of July '25, Rentcast reports the average rent in Mustang, OK is $1,670, with a year-over-year rent change of 1.2%. Per bedroom, the median rent as of July '25 in Mustang, OK is 1-bedrooms: $775, 2-bedrooms: $1,270, 3-bedrooms: $1,590, 4-bedrooms: $2,000. The most common rental property sizes in Mustang, OK are 3-bedroom and 2-bedroom, accounting for 44.9% and 30.3% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,600	$1,670
Studio Rent	N/A	N/A
1 Bed Rent	$775	$775
2 Bed Rent	$1,350	$1,270
3 Bed Rent	$1,550	$1,590
4 Bed Rent	$1,920	$2,000

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% of Rental Stock

Studio

1.6%

1 Bedroom

14.3%

2 Bedrooms

30.3%

3 Bedrooms

44.9%

4 Bedrooms

8.8%

Property Listings — Mustang, OK

As of Dec '25, Realtor.com reports that the median days on market for a home in Mustang, OK is 51. This is a increase of 13.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$324,000	4.0%
Listing Count	219	16.0%
Listings as % of Homes	1.7%	16.0%
Days on Market	65	8.0%

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Demographics — Mustang, OK

As of the latest ACS Survey released in 2023, Mustang, OK has a population of 27,600, which has increased by 17.4% over the past 5 years. Mustang, OK is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 29.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.7% reporting working from home.

Metric	Latest Census	YoY % Change
Population	27,600	17.4%
% Under 18	24.8%	-3.5%
% Seniors	15.1%	3.4%
% WFH	11.7%	134.0%
% w/ College Degree	29.1%	15.9%

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As of the latest ACS Survey released in 2023, Mustang, OK is a predominantly white area, with 74.4% of the population identifying as white. The white population has shrunk by 10.0% in the last 5 years. The second most common race or ethnicity in Mustang, OK is hispanic, making up 10.0% of the population. Foreign-born residents account for 3.5% of the population in Mustang, OK, and this percentage has increased by 34.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	74.4%	-10.0%
% Black	2.6%	100.0%
% Hispanic	10.0%	63.9%
% Asian	2.4%	118.2%
% Foreign Born	3.5%	34.6%

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Mortgage and Risk — Mustang, OK

According to HUD data as of 2023, there were 646 mortgage originations in Mustang, OK, of which 62.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Mustang, OK. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	646
% Conventional Loans	62.0%
% Government Loans	38.0%
% Investor Loans	5.0%
% Second Loans	0.0%
% Cash Out Refinance	9.0%

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Rentals and Section 8 — Mustang, OK

As of 2024, the percent of homes in Mustang, OK under the Section 8 program is 10.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Mustang, OK, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD	190
Total Units Section 8	191
% Rentals under Section 8	10.2%
% Occupied Section 8	94.3%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$355	$775	$1,130
2 Bedroom	$40	$1,350	$1,390
3 Bedroom	$310	$1,550	$1,860
4 Bedroom	$100	$1,920	$2,020

Mustang, OK—73064

Key Metrics at a Glance

Home Price Trends — Mustang, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mustang, OK

% of Rental Stock

Property Listings — Mustang, OK

Demographics — Mustang, OK

Race and Ethnicity

Mortgage and Risk — Mustang, OK

Mortgages

Rentals and Section 8 — Mustang, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Mustang, OK

Home Price to Income Ratio

Mustang, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Far South, Oklahoma City, OK

Wheatland

Tuttle, OK

Winds West, Oklahoma City, OK

Northwest, Oklahoma City, OK

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.7
Median Home Price	$275,000
Median Household Income	$93,900

Mustang, OK—73064

Key Metrics at a Glance

Home Price Trends — Mustang, OK

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Mustang, OK

% of Rental Stock

Property Listings — Mustang, OK

Demographics — Mustang, OK

Race and Ethnicity

Mortgage and Risk — Mustang, OK

Mortgages

Rentals and Section 8 — Mustang, OK

Section 8 Market Size

Section 8 Opportunity

Affordability — Mustang, OK

Home Price to Income Ratio

Mustang, OK — ZIP Code Boundary Map

Nearby ZIP Codes

Far South, Oklahoma City, OK

Wheatland

Tuttle, OK

Winds West, Oklahoma City, OK

Northwest, Oklahoma City, OK

Frequently Asked Questions

What is the average home price in Mustang, OK 73064?

How have home prices in Mustang, OK 73064 changed over the past year?

What is the home price projection for Mustang, OK 73064?

What are the demographics of Mustang, OK 73064?

How long does it take homes to sell in Mustang, OK 73064?

What is the average rent price in Mustang, OK 73064?