Warr Acres, OK—73122
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Warr Acres, OK
As of Oct '25, the median home price in Warr Acres, OK is $187,000, with a year-over-year change of -0.6%. This indicates that home prices in Warr Acres, OK are flat. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $187,000 | -0.6% |
| Single Family | $188,000 | -0.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $133,000 | -1.5% |
3 Bed | $188,000 | -1.1% |
4 Bed | $235,000 | -0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Warr Acres, OK
As of July '25, Rentcast reports the average rent in Warr Acres, OK is $1,100, with a year-over-year rent change of 14.1%. Per bedroom, the median rent as of July '25 in Warr Acres, OK is 1-bedrooms: $897, 2-bedrooms: $1,060, 3-bedrooms: $1,480, 4-bedrooms: $2,110. The most common rental property sizes in Warr Acres, OK are 1-bedroom and 2-bedroom, accounting for 33.6% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,060 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $847 | $897 |
| 2 Bed Rent | $1,060 | $1,060 |
| 3 Bed Rent | $1,500 | $1,480 |
| 4 Bed Rent | $2,000 | $2,110 |
% of Rental Stock
Property Listings — Warr Acres, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Warr Acres, OK is 65. This is a increase of 24.0% 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 44.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $223,000 | -4.0% |
Listing Count | 36 | 12.0% |
| Listings as % of Homes | 0.3% | 12.0% |
Days on Market | 65 | 24.0% |
Demographics — Warr Acres, OK
As of the latest ACS Survey released in 2023, Warr Acres, OK has a population of 12,700, which has remained stable by -0.8% over the past 5 years. Warr Acres, OK is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,700 | -0.8% |
% Under 18 | 27.4% | 6.6% |
% Seniors | 16.1% | 13.4% |
% WFH | 5.6% | 80.6% |
% w/ College Degree | 23.1% | 0.4% |
As of the latest ACS Survey released in 2023, Warr Acres, OK is a predominantly white area, with 44.5% of the population identifying as white. The white population has shrunk by 18.3% in the last 5 years. The second most common race or ethnicity in Warr Acres, OK is hispanic, making up 30.0% of the population. Foreign-born residents account for 16.3% of the population in Warr Acres, OK, and this percentage has increased by 18.1% 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 | 44.5% | -18.3% |
% Black | 13.9% | 5.3% |
% Hispanic | 30.0% | 24.0% |
% Asian | 2.1% | -32.3% |
% Foreign Born | 16.3% | 18.1% |
Mortgage and Risk — Warr Acres, OK
According to HUD data as of 2023, there were 107 mortgage originations in Warr Acres, OK, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Warr Acres, OK. Investor activity is high, as 16.0% 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 | 107 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 16.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Warr Acres, OK
As of 2024, the percent of homes in Warr Acres, OK under the Section 8 program is 11.4%. 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 Warr Acres, OK, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 314 |
Total Units Section 8 | 314 |
% Rentals under Section 8 | 11.4% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $43 | $847 | $890 |
| 2 Bedroom | $30 | $1,060 | $1,090 |
| 3 Bedroom | -$40 | $1,500 | $1,460 |
| 4 Bedroom | -$410 | $2,000 | $1,590 |
Affordability — Warr Acres, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $187,000 |
| Median Household Income | $49,800 |