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Mid-West, Oklahoma City, OK—73107

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$157,000
6.0% YoY Growth
Household Income
$58,400
37.5% YoY Growth
Days on Market
56
18.0% Longer YoY
Home Price Forecast
-0.4%
Median Rent
$1,020
13.1% YoY Growth
1-Bed Rent
$775
3.6% YoY Growth
2-Bed Rent
$1,050
9.4% YoY Growth
3-Bed Rent
$1,600
16.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Mid-West, Oklahoma City, OK

As of May '26, the median home price in Mid-West, Oklahoma City, OK is $157,000, with a year-over-year change of -6.0%. This indicates that home prices in Mid-West, Oklahoma City, OK are decreasing. According to Zillow, the 1-year price projection is -0.4%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$157,000-6.0%
Single Family $157,000-6.0%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $116,000
    -8.7%
    2 Bed
    		$137,000-6.8%
    3 Bed
    		$175,000-4.9%
    4 Bed
    		$258,000-1.9%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.4%
    1 Bedroom
    11.9%
    2 Bedrooms
    40.5%
    3 Bedrooms
    38.3%
    4 Bedrooms
    6.4%
    5+ Bedrooms
    0.5%

    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.

    TypeMedian RentAverage 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
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    % of Rental Stock

    Studio
    3.4%
    1 Bedroom
    21.2%
    2 Bedrooms
    40.8%
    3 Bedrooms
    30.5%
    4 Bedrooms
    3.3%
    5+ Bedrooms
    0.8%

    Property Listings — Mid-West, Oklahoma City, OK

    As of May '26, Realtor.com reports that the median days on market for a home in Mid-West, Oklahoma City, OK is 56. This is a increase of 18.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$213,000-16.0%
    Listing Count
    		15222.0%
    Listings as % of Homes0.6%22.0%
    Days on Market
    		5618.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		26,0002.6%
    % Under 18
    		24.7%3.8%
    % Seniors
    		11.3%28.4%
    % WFH
    		7.7%108.1%
    % w/ College Degree
    		30.9%26.1%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax 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

    MetricZip Code Average
    Home Price to Income Ratio2.8
    Median Home Price$157,000
    Median Household Income$58,400

    Mid-West, Oklahoma City, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Far East, Oklahoma City, OK

    73108

    Suburban North, Oklahoma City, OK

    73112

    South-East, Oklahoma City, OK

    73106

    Warr Acres, OK

    73122

    Uptown, Oklahoma City, OK

    73103

    Frequently Asked Questions