Upper East, Oklahoma City, OK—73118
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Upper East, Oklahoma City, OK
As of Oct '25, the median home price in Upper East, Oklahoma City, OK is $228,000, with a year-over-year change of 0.7%. This indicates that home prices in Upper East, Oklahoma City, OK are flat. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $228,000 | 0.7% |
| Single Family | $228,000 | 0.9% |
| Condos | $221,000 | 0.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $142,000 | 10.9% |
2 Bed | $180,000 | 0.0% |
3 Bed | $258,000 | 1.2% |
4 Bed | $429,000 | 4.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Upper East, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in Upper East, Oklahoma City, OK is $1,510, with a year-over-year rent change of 14.4%. Per bedroom, the median rent as of July '25 in Upper East, Oklahoma City, OK is studios: $809, 1-bedrooms: $969, 2-bedrooms: $1,420, 3-bedrooms: $2,170, 4-bedrooms: $2,010. The most common rental property sizes in Upper East, Oklahoma City, OK are 2-bedroom and 1-bedroom, accounting for 48.5% and 22.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,510 |
| Studio Rent | $700 | $809 |
| 1 Bed Rent | $900 | $969 |
| 2 Bed Rent | $1,250 | $1,420 |
| 3 Bed Rent | $1,900 | $2,170 |
| 4 Bed Rent | $1,800 | $2,010 |
% of Rental Stock
Property Listings — Upper East, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Upper East, Oklahoma City, OK is 51. This is a decrease of 0.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $346,000 | -8.0% |
Listing Count | 120 | 27.0% |
| Listings as % of Homes | 1.0% | 27.0% |
Days on Market | 51 | 0.0% |
Demographics — Upper East, Oklahoma City, OK
As of the latest ACS Survey released in 2023, Upper East, Oklahoma City, OK has a population of 14,100, which has remained stable by 0.2% over the past 5 years. Upper East, Oklahoma City, OK is a moderately popular place for families, as children make up 15.7% of the population. The area has a highly educated workforce, with 49.2% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,100 | 0.2% |
% Under 18 | 15.7% | 0.6% |
% Seniors | 14.4% | 41.2% |
% WFH | 13.4% | 168.0% |
% w/ College Degree | 49.2% | 16.6% |
As of the latest ACS Survey released in 2023, Upper East, Oklahoma City, OK is a predominantly white area, with 67.3% of the population identifying as white. The white population has grown by 8.5% in the last 5 years. The second most common race or ethnicity in Upper East, Oklahoma City, OK is hispanic, making up 14.3% of the population. Foreign-born residents account for 8.6% of the population in Upper East, Oklahoma City, OK, and this percentage has increased by 4.9% 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 | 67.3% | 8.5% |
% Black | 4.8% | -65.7% |
% Hispanic | 14.3% | 57.1% |
% Asian | 3.9% | -29.1% |
% Foreign Born | 8.6% | 4.9% |
Mortgage and Risk — Upper East, Oklahoma City, OK
According to HUD data as of 2023, there were 225 mortgage originations in Upper East, Oklahoma City, OK, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Upper East, Oklahoma City, OK. Investor activity is low, as 10.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 225 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 10.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Upper East, Oklahoma City, OK
As of 2024, the percent of homes in Upper East, Oklahoma City, OK under the Section 8 program is 3.8%. 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 and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Upper East, Oklahoma City, OK, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 114 |
Total Units Section 8 | 112 |
% Rentals under Section 8 | 3.8% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $140 | $900 | $1,040 |
| 2 Bedroom | $30 | $1,250 | $1,280 |
| 3 Bedroom | -$190 | $1,900 | $1,710 |
| 4 Bedroom | $60 | $1,800 | $1,860 |
Affordability — Upper East, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $228,000 |
| Median Household Income | $69,300 |