Midwest City, OK—73141
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Midwest City, OK
As of Oct '25, the median home price in Midwest City, OK is $145,000, with a year-over-year change of 0.2%. This indicates that home prices in Midwest 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 | $145,000 | 0.2% |
| Single Family | $145,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $101,000 | -6.5% |
3 Bed | $154,000 | -0.6% |
4 Bed | $213,000 | 0.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Midwest City, OK
As of July '25, Rentcast reports the average rent in Midwest City, OK is $1,350, with a year-over-year rent change of -4.9%. Per bedroom, the median rent as of July '25 in Midwest City, OK is 3-bedrooms: $1,320, 4-bedrooms: $1,380. The most common rental property sizes in Midwest City, OK are 2-bedroom and 3-bedroom, accounting for 42.4% and 28.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $1,100 | $1,320 |
| 4 Bed Rent | $1,300 | $1,380 |
% of Rental Stock
Property Listings — Midwest City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Midwest City, OK is 107. This is a increase of 69.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $269,000 | 46.0% |
Listing Count | 9 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 107 | 69.0% |
Demographics — Midwest City, OK
As of the latest ACS Survey released in 2023, Midwest City, OK has a population of 2,770, which has increased by 6.6% over the past 5 years. Midwest City, OK is a popular place for families, as children make up 27.3% of the population. The area has a poorly educated workforce, with 13.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,770 | 6.6% |
% Under 18 | 27.3% | 26.4% |
% Seniors | 16.5% | 24.1% |
% WFH | 6.9% | 115.6% |
% w/ College Degree | 13.8% | -20.2% |
As of the latest ACS Survey released in 2023, Midwest City, OK is a predominantly black area, with 44.0% of the population identifying as black. The black population has grown by 152.9% in the last 5 years. The second most common race or ethnicity in Midwest City, OK is white, making up 34.7% of the population. Foreign-born residents account for 3.8% of the population in Midwest City, OK, and this percentage has decreased by 33.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 34.7% | -40.5% |
% Black | 44.0% | 152.9% |
% Hispanic | 15.2% | -3.2% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 3.8% | -33.3% |
Mortgage and Risk — Midwest City, OK
Midwest City, OK lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Midwest City, OK
Midwest City, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 65 |
Total Units Section 8 | 63 |
% Rentals under Section 8 | 21.6% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $840 |
| 2 Bedroom | N/A | N/A | $1,030 |
| 3 Bedroom | $270 | $1,100 | $1,370 |
| 4 Bedroom | $200 | $1,300 | $1,500 |
Affordability — Midwest City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $145,000 |
| Median Household Income | $64,100 |