Mid-West, Oklahoma City, OK—73107
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Mid-West, Oklahoma City, OK
As of Oct '25, the median home price in Mid-West, Oklahoma City, OK is $153,000, with a year-over-year change of -3.7%. This indicates that home prices in Mid-West, Oklahoma City, OK are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $153,000 | -3.7% |
| Single Family | $153,000 | -4.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $108,000 | -5.3% |
2 Bed | $134,000 | -5.0% |
3 Bed | $171,000 | -3.4% |
4 Bed | $252,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Mid-West, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in Mid-West, Oklahoma City, OK is $1,210, with a year-over-year rent change of 13.1%. Per bedroom, the median rent as of July '25 in Mid-West, Oklahoma City, OK is studios: $600, 1-bedrooms: $844, 2-bedrooms: $1,160, 3-bedrooms: $1,690, 4-bedrooms: $3,310. The most common rental property sizes in Mid-West, Oklahoma City, OK are 2-bedroom and 3-bedroom, accounting for 40.8% and 30.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,020 | $1,210 |
| Studio Rent | $400 | $600 |
| 1 Bed Rent | $775 | $844 |
| 2 Bed Rent | $1,050 | $1,160 |
| 3 Bed Rent | $1,600 | $1,690 |
| 4 Bed Rent | $2,340 | $3,310 |
% of Rental Stock
Property Listings — Mid-West, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Mid-West, Oklahoma City, OK is 64. This is a increase of 41.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $213,000 | -9.0% |
Listing Count | 116 | -2.0% |
| Listings as % of Homes | 0.6% | -2.0% |
Days on Market | 64 | 41.0% |
Demographics — Mid-West, Oklahoma City, OK
As of the latest ACS Survey released in 2023, Mid-West, Oklahoma City, OK has a population of 26,000, which has increased by 2.6% over the past 5 years. Mid-West, Oklahoma City, OK is a moderately popular place for families, as children make up 24.7% of the population. The area has a moderately educated workforce, with 30.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 26,000 | 2.6% |
% Under 18 | 24.7% | 3.8% |
% Seniors | 11.3% | 28.4% |
% WFH | 7.7% | 108.1% |
% w/ College Degree | 30.9% | 26.1% |
As of the latest ACS Survey released in 2023, Mid-West, Oklahoma City, OK is a predominantly white area, with 47.0% of the population identifying as white. The white population has shrunk by 8.6% in the last 5 years. The second most common race or ethnicity in Mid-West, Oklahoma City, OK is hispanic, making up 37.4% of the population. Foreign-born residents account for 19.2% of the population in Mid-West, Oklahoma City, OK, and this percentage has increased by 17.1% 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 | 47.0% | -8.6% |
% Black | 5.0% | -35.1% |
% Hispanic | 37.4% | 18.4% |
% Asian | 2.3% | 4.5% |
% Foreign Born | 19.2% | 17.1% |
Mortgage and Risk — Mid-West, Oklahoma City, OK
According to HUD data as of 2023, there were 339 mortgage originations in Mid-West, Oklahoma City, OK, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Mid-West, Oklahoma City, OK. Investor activity is low, as 15.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 339 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 15.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Mid-West, Oklahoma City, OK
As of 2024, the percent of homes in Mid-West, Oklahoma City, OK under the Section 8 program is 8.2%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Mid-West, Oklahoma City, OK, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 569 |
Total Units Section 8 | 525 |
% Rentals under Section 8 | 8.2% |
% Occupied Section 8 | 87.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $165 | $775 | $940 |
| 2 Bedroom | $110 | $1,050 | $1,160 |
| 3 Bedroom | -$50 | $1,600 | $1,550 |
| 4 Bedroom | -$650 | $2,340 | $1,690 |
Affordability — Mid-West, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $153,000 |
| Median Household Income | $58,400 |