Southern Hills, Oklahoma City, OK—73139
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southern Hills, Oklahoma City, OK
As of Oct '25, the median home price in Southern Hills, Oklahoma City, OK is $186,000, with a year-over-year change of 1.1%. This indicates that home prices in Southern Hills, Oklahoma City, OK are increasing. 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 | $186,000 | 1.1% |
| Single Family | $188,000 | 1.6% |
| Condos | $95,000 | -1.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $157,000 | 3.3% |
3 Bed | $185,000 | 1.1% |
4 Bed | $253,000 | 2.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Southern Hills, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in Southern Hills, Oklahoma City, OK is $988, with a year-over-year rent change of 8.1%. Per bedroom, the median rent as of July '25 in Southern Hills, Oklahoma City, OK is studios: $785, 1-bedrooms: $832, 2-bedrooms: $1,000, 3-bedrooms: $1,470, 4-bedrooms: $1,930. The most common rental property sizes in Southern Hills, Oklahoma City, OK are 2-bedroom and 1-bedroom, accounting for 41.0% and 31.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $925 | $988 |
| Studio Rent | $790 | $785 |
| 1 Bed Rent | $814 | $832 |
| 2 Bed Rent | $970 | $1,000 |
| 3 Bed Rent | $1,380 | $1,470 |
| 4 Bed Rent | $1,850 | $1,930 |
% of Rental Stock
Property Listings — Southern Hills, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Southern Hills, Oklahoma City, OK is 44. This is a increase of 44.0% 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 31.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $238,000 | 24.0% |
Listing Count | 52 | 29.0% |
| Listings as % of Homes | 0.2% | 29.0% |
Days on Market | 44 | 44.0% |
Demographics — Southern Hills, Oklahoma City, OK
As of the latest ACS Survey released in 2023, Southern Hills, Oklahoma City, OK has a population of 18,100, which has increased by 3.0% over the past 5 years. Southern Hills, Oklahoma City, OK is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 14.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,100 | 3.0% |
% Under 18 | 24.1% | -3.6% |
% Seniors | 14.3% | -4.0% |
% WFH | 5.0% | 35.1% |
% w/ College Degree | 14.5% | 21.8% |
As of the latest ACS Survey released in 2023, Southern Hills, Oklahoma City, OK is a predominantly white area, with 44.3% of the population identifying as white. The white population has shrunk by 19.5% in the last 5 years. The second most common race or ethnicity in Southern Hills, Oklahoma City, OK is hispanic, making up 35.6% of the population. Foreign-born residents account for 15.0% of the population in Southern Hills, Oklahoma City, OK, and this percentage has increased by 23.0% 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 | 44.3% | -19.5% |
% Black | 9.7% | 24.4% |
% Hispanic | 35.6% | 32.3% |
% Asian | 2.2% | 29.4% |
% Foreign Born | 15.0% | 23.0% |
Mortgage and Risk — Southern Hills, Oklahoma City, OK
According to HUD data as of 2023, there were 78 mortgage originations in Southern Hills, Oklahoma City, OK, of which 58.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 53.0% above 90% LTV (very high). This implies large mortgage risk in Southern Hills, Oklahoma City, OK. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 78 |
% Conventional Loans | 58.0% |
% Government Loans | 42.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Southern Hills, Oklahoma City, OK
As of 2024, the percent of homes in Southern Hills, Oklahoma City, OK under the Section 8 program is 7.8%. 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 units appear to be good home sizes to consider for Section 8 housing in Southern Hills, Oklahoma City, OK, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 320 |
Total Units Section 8 | 320 |
% Rentals under Section 8 | 7.8% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $6 | $814 | $820 |
| 2 Bedroom | $40 | $970 | $1,010 |
| 3 Bedroom | -$30 | $1,380 | $1,350 |
| 4 Bedroom | -$380 | $1,850 | $1,470 |
Affordability — Southern Hills, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.6 |
| Median Home Price | $186,000 |
| Median Household Income | $47,400 |