East, Oklahoma City, OK—73116
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East, Oklahoma City, OK
As of Oct '25, the median home price in East, Oklahoma City, OK is $315,000, with a year-over-year change of 0.7%. This indicates that home prices in East, Oklahoma City, OK are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $315,000 | 0.7% |
| Single Family | $325,000 | 1.2% |
| Condos | $217,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $193,000 | 0.0% |
3 Bed | $294,000 | 1.0% |
4 Bed | $901,000 | 6.2% |
| 5 Bed | $1,869,000 | 5.2% |
% of Housing Stock
Rental Trends — East, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in East, Oklahoma City, OK is $2,030, with a year-over-year rent change of -0.5%. Per bedroom, the median rent as of July '25 in East, Oklahoma City, OK is 1-bedrooms: $885, 2-bedrooms: $1,940, 3-bedrooms: $2,180, 4-bedrooms: $2,310. The most common rental property sizes in East, Oklahoma City, OK are 2-bedroom and 3-bedroom, accounting for 39.9% and 27.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,750 | $2,030 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $885 | $885 |
| 2 Bed Rent | $1,660 | $1,940 |
| 3 Bed Rent | $2,140 | $2,180 |
| 4 Bed Rent | $1,900 | $2,310 |
% of Rental Stock
Property Listings — East, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in East, Oklahoma City, OK is 55. This is a decrease of -15.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $442,000 | 9.0% |
Listing Count | 86 | 1.0% |
| Listings as % of Homes | 1.2% | 1.0% |
Days on Market | 55 | -15.0% |
Demographics — East, Oklahoma City, OK
As of the latest ACS Survey released in 2023, East, Oklahoma City, OK has a population of 10,000, which has increased by 8.8% over the past 5 years. East, Oklahoma City, OK is a moderately popular place for families, as children make up 21.7% of the population. The area has a highly educated workforce, with 54.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 10,000 | 8.8% |
% Under 18 | 21.7% | 20.6% |
% Seniors | 19.1% | -1.0% |
% WFH | 9.1% | 9.6% |
% w/ College Degree | 54.1% | -10.7% |
As of the latest ACS Survey released in 2023, East, Oklahoma City, OK is a predominantly white area, with 71.5% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in East, Oklahoma City, OK is hispanic, making up 8.1% of the population. Foreign-born residents account for 6.6% of the population in East, Oklahoma City, OK, and this percentage has increased by 1.5% 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 | 71.5% | -8.3% |
% Black | 5.3% | 32.5% |
% Hispanic | 8.1% | 52.8% |
% Asian | 3.0% | -34.8% |
% Foreign Born | 6.6% | 1.5% |
Mortgage and Risk — East, Oklahoma City, OK
According to HUD data as of 2023, there were 190 mortgage originations in East, Oklahoma City, OK, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in East, Oklahoma City, OK. Investor activity is low, as 8.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 190 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — East, Oklahoma City, OK
As of 2024, the percent of homes in East, Oklahoma City, OK under the Section 8 program is 2.0%. 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 units appear to be good home sizes to consider for Section 8 housing in East, Oklahoma City, OK, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 27 |
Total Units Section 8 | 24 |
% Rentals under Section 8 | 2.0% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $145 | $885 | $1,030 |
| 2 Bedroom | -$390 | $1,660 | $1,270 |
| 3 Bedroom | -$440 | $2,140 | $1,700 |
| 4 Bedroom | -$50 | $1,900 | $1,850 |
Affordability — East, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $315,000 |
| Median Household Income | $81,600 |