North-West, Oklahoma City, OK—73114
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North-West, Oklahoma City, OK
As of Oct '25, the median home price in North-West, Oklahoma City, OK is $152,000, with a year-over-year change of -0.3%. This indicates that home prices in North-West, Oklahoma City, OK are flat. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $152,000 | -0.3% |
| Single Family | $153,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $110,000 | -1.8% |
3 Bed | $157,000 | -0.6% |
4 Bed | $193,000 | 0.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North-West, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in North-West, Oklahoma City, OK is $1,130, with a year-over-year rent change of -2.6%. Per bedroom, the median rent as of July '25 in North-West, Oklahoma City, OK is studios: $1,120, 1-bedrooms: $864, 2-bedrooms: $1,130, 3-bedrooms: $1,350, 4-bedrooms: $1,620. The most common rental property sizes in North-West, Oklahoma City, OK are 2-bedroom and 3-bedroom, accounting for 51.1% and 23.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,120 | $1,130 |
| Studio Rent | $1,120 | $1,120 |
| 1 Bed Rent | $865 | $864 |
| 2 Bed Rent | $1,140 | $1,130 |
| 3 Bed Rent | $1,300 | $1,350 |
| 4 Bed Rent | $1,550 | $1,620 |
% of Rental Stock
Property Listings — North-West, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in North-West, Oklahoma City, OK is 40. This is a increase of 62.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $196,000 | -13.0% |
Listing Count | 80 | -42.0% |
| Listings as % of Homes | 0.5% | -42.0% |
Days on Market | 40 | 62.0% |
Demographics — North-West, Oklahoma City, OK
As of the latest ACS Survey released in 2023, North-West, Oklahoma City, OK has a population of 18,200, which has remained stable by -0.4% over the past 5 years. North-West, Oklahoma City, OK is a popular place for families, as children make up 25.7% of the population. The area has a moderately educated workforce, with 25.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,200 | -0.4% |
% Under 18 | 25.7% | -16.3% |
% Seniors | 11.0% | 23.6% |
% WFH | 9.7% | 340.9% |
% w/ College Degree | 25.5% | 17.0% |
As of the latest ACS Survey released in 2023, North-West, Oklahoma City, OK is a predominantly black area, with 41.1% of the population identifying as black. The black population has shrunk by 19.7% in the last 5 years. The second most common race or ethnicity in North-West, Oklahoma City, OK is white, making up 28.5% of the population. Foreign-born residents account for 12.4% of the population in North-West, Oklahoma City, OK, and this percentage has increased by 93.8% 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 | 28.5% | 7.1% |
% Black | 41.1% | -19.7% |
% Hispanic | 20.2% | 66.9% |
% Asian | 0.6% | -45.5% |
% Foreign Born | 12.4% | 93.8% |
Mortgage and Risk — North-West, Oklahoma City, OK
According to HUD data as of 2023, there were 228 mortgage originations in North-West, Oklahoma City, OK, of which 75.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in North-West, Oklahoma City, OK. Investor activity is high, as 17.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 228 |
% Conventional Loans | 75.0% |
% Government Loans | 25.0% |
% Investor Loans | 17.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — North-West, Oklahoma City, OK
As of 2024, the percent of homes in North-West, Oklahoma City, OK under the Section 8 program is 20.7%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In North-West, Oklahoma City, 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 | 1,126 |
Total Units Section 8 | 1,080 |
% Rentals under Section 8 | 20.7% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $125 | $865 | $990 |
| 2 Bedroom | $70 | $1,140 | $1,210 |
| 3 Bedroom | $320 | $1,300 | $1,620 |
| 4 Bedroom | $210 | $1,550 | $1,760 |
Affordability — North-West, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $152,000 |
| Median Household Income | $52,600 |