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Pearl District, Tulsa, OK—74104

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$242,000
1.7% YoY Growth
Household Income
$51,900
26.1% YoY Growth
Days on Market
38
12.0% Shorter YoY
Home Price Forecast
1.6%
Median Rent
$1,300
1.4% YoY Growth
1-Bed Rent
$925
3.1% YoY Growth
2-Bed Rent
$1,450
7.0% YoY Growth
3-Bed Rent
$1,660
4.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Pearl District, Tulsa, OK

As of May '26, the median home price in Pearl District, Tulsa, OK is $242,000, with a year-over-year change of 1.7%. This indicates that home prices in Pearl District, Tulsa, OK are increasing. 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 TypeMedian Home ValueYoY % Change
All Homes
$242,0001.7%
Single Family $242,0001.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$220,0001.9%
    3 Bed
    		$292,0001.7%
    4 Bed
    		$368,0001.4%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    1.9%
    1 Bedroom
    16.0%
    2 Bedrooms
    43.8%
    3 Bedrooms
    31.8%
    4 Bedrooms
    5.3%
    5+ Bedrooms
    1.1%

    Rental Trends — Pearl District, Tulsa, OK

    As of July '25, Rentcast reports the average rent in Pearl District, Tulsa, OK is $1,440, with a year-over-year rent change of 1.4%. Per bedroom, the median rent as of July '25 in Pearl District, Tulsa, OK is studios: $700, 1-bedrooms: $950, 2-bedrooms: $1,530, 3-bedrooms: $1,740, 4-bedrooms: $2,280. The most common rental property sizes in Pearl District, Tulsa, OK are 2-bedroom and 1-bedroom, accounting for 44.1% and 29.3% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,440
    Studio Rent $700$700
    1 Bed Rent $925$950
    2 Bed Rent $1,450$1,530
    3 Bed Rent $1,660$1,740
    4 Bed Rent $1,740$2,280
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    % of Rental Stock

    Studio
    4.3%
    1 Bedroom
    29.3%
    2 Bedrooms
    44.1%
    3 Bedrooms
    19.8%
    4 Bedrooms
    2.0%
    5+ Bedrooms
    0.4%

    Property Listings — Pearl District, Tulsa, OK

    As of May '26, Realtor.com reports that the median days on market for a home in Pearl District, Tulsa, OK is 38. This is a decrease of -12.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$310,000-5.0%
    Listing Count
    		6314.0%
    Listings as % of Homes0.5%14.0%
    Days on Market
    		38-12.0%
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    Demographics — Pearl District, Tulsa, OK

    As of the latest ACS Survey released in 2023, Pearl District, Tulsa, OK has a population of 12,400, which has increased by 8.6% over the past 5 years. Pearl District, Tulsa, OK is a less popular place for families, as children make up 13.8% of the population. The area has a highly educated workforce, with 45.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		12,4008.6%
    % Under 18
    		13.8%-2.1%
    % Seniors
    		11.8%37.2%
    % WFH
    		16.0%171.2%
    % w/ College Degree
    		45.9%9.0%
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    As of the latest ACS Survey released in 2023, Pearl District, Tulsa, OK is a predominantly white area, with 63.5% of the population identifying as white. The white population has shrunk by 7.4% in the last 5 years. The second most common race or ethnicity in Pearl District, Tulsa, OK is hispanic, making up 13.9% of the population. Foreign-born residents account for 11.8% of the population in Pearl District, Tulsa, OK, and this percentage has increased by 8.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		63.5%-7.4%
    % Black
    		7.3%35.2%
    % Hispanic
    		13.9%19.8%
    % Asian
    		3.5%-20.5%
    % Foreign Born
    		11.8%8.3%
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    Mortgage and Risk — Pearl District, Tulsa, OK

    According to HUD data as of 2023, there were 133 mortgage originations in Pearl District, Tulsa, OK, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Pearl District, Tulsa, OK. Investor activity is high, as 20.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		133
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		20.0%
    % Second Loans
    		2.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Pearl District, Tulsa, OK

    As of 2024, the percent of homes in Pearl District, Tulsa, OK under the Section 8 program is 9.4%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Pearl District, Tulsa, OK, because HUD payments exceed market rent, while 2-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		270
    Total Units Section 8
    		270
    % Rentals under Section 8
    		9.4%
    % Occupied Section 8
    		86.7%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$175$925$1,100
    2 Bedroom-$90$1,450$1,360
    3 Bedroom$130$1,660$1,790
    4 Bedroom$330$1,740$2,070

    Affordability — Pearl District, Tulsa, OK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.3
    Median Home Price$242,000
    Median Household Income$51,900

    Pearl District, Tulsa, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Florence Park, Tulsa, OK

    74114

    Cherry Street, Tulsa, OK

    74120

    Maple Ridge, Tulsa, OK

    74119

    Kendall-Whittier, Tulsa, OK

    74110

    Tulsa, OK

    74103

    Frequently Asked Questions