East-Central, Oklahoma City, OK—73129
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East-Central, Oklahoma City, OK
As of Oct '25, the median home price in East-Central, Oklahoma City, OK is $93,000, with a year-over-year change of -3.4%. This indicates that home prices in East-Central, Oklahoma City, OK are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $93,000 | -3.4% |
| Single Family | $93,000 | -4.1% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $57,000 | -8.1% |
2 Bed | $77,000 | -6.1% |
3 Bed | $112,000 | -0.9% |
4 Bed | $145,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — East-Central, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in East-Central, Oklahoma City, OK is $1,100, with a year-over-year rent change of 4.8%. Per bedroom, the median rent as of July '25 in East-Central, Oklahoma City, OK is 1-bedrooms: $680, 2-bedrooms: $873, 3-bedrooms: $1,220, 4-bedrooms: $1,530. The most common rental property sizes in East-Central, Oklahoma City, OK are 2-bedroom and 3-bedroom, accounting for 44.5% and 37.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,050 | $1,100 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $595 | $680 |
| 2 Bed Rent | $850 | $873 |
| 3 Bed Rent | $1,200 | $1,220 |
| 4 Bed Rent | $1,100 | $1,530 |
% of Rental Stock
Property Listings — East-Central, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in East-Central, Oklahoma City, OK is 45. This is a increase of 43.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $144,000 | -21.0% |
Listing Count | 56 | 12.0% |
| Listings as % of Homes | 0.3% | 12.0% |
Days on Market | 45 | 43.0% |
Demographics — East-Central, Oklahoma City, OK
As of the latest ACS Survey released in 2023, East-Central, Oklahoma City, OK has a population of 19,700, which has remained stable by -0.2% over the past 5 years. East-Central, Oklahoma City, OK is a popular place for families, as children make up 30.0% of the population. The area has a poorly educated workforce, with 6.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,700 | -0.2% |
% Under 18 | 30.0% | -14.0% |
% Seniors | 7.8% | 1.3% |
% WFH | 3.0% | 30.4% |
% w/ College Degree | 6.1% | 32.6% |
As of the latest ACS Survey released in 2023, East-Central, Oklahoma City, OK is a predominantly hispanic area, with 56.6% of the population identifying as hispanic. The hispanic population has grown by 7.4% in the last 5 years. The second most common race or ethnicity in East-Central, Oklahoma City, OK is white, making up 25.7% of the population. Foreign-born residents account for 24.4% of the population in East-Central, Oklahoma City, OK, and this percentage has increased by 2.5% 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 | 25.7% | -10.1% |
% Black | 8.8% | -30.2% |
% Hispanic | 56.6% | 7.4% |
% Asian | 1.8% | 1,700.0% |
% Foreign Born | 24.4% | 2.5% |
Mortgage and Risk — East-Central, Oklahoma City, OK
According to HUD data as of 2023, there were 109 mortgage originations in East-Central, Oklahoma City, OK, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in East-Central, Oklahoma City, OK. Investor activity is high, as 21.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 109 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 21.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — East-Central, Oklahoma City, OK
As of 2024, the percent of homes in East-Central, Oklahoma City, OK under the Section 8 program is 14.2%. 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. In East-Central, 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 | 683 |
Total Units Section 8 | 456 |
% Rentals under Section 8 | 14.2% |
% Occupied Section 8 | 86.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $215 | $595 | $810 |
| 2 Bedroom | $150 | $850 | $1,000 |
| 3 Bedroom | $130 | $1,200 | $1,330 |
| 4 Bedroom | $360 | $1,100 | $1,460 |
Affordability — East-Central, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $93,000 |
| Median Household Income | $43,900 |