Red Fork, Tulsa, OK—74107
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Red Fork, Tulsa, OK
As of Oct '25, the median home price in Red Fork, Tulsa, OK is $150,000, with a year-over-year change of 2.3%. This indicates that home prices in Red Fork, Tulsa, OK are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $150,000 | 2.3% |
| Single Family | $150,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $114,000 | 1.8% |
3 Bed | $170,000 | 3.0% |
4 Bed | $258,000 | 3.6% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Red Fork, Tulsa, OK
As of July '25, Rentcast reports the average rent in Red Fork, Tulsa, OK is $1,300, with a year-over-year rent change of 13.0%. Per bedroom, the median rent as of July '25 in Red Fork, Tulsa, OK is studios: $300, 1-bedrooms: $731, 2-bedrooms: $1,070, 3-bedrooms: $1,450, 4-bedrooms: $1,760. The most common rental property sizes in Red Fork, Tulsa, OK are 2-bedroom and 3-bedroom, accounting for 36.2% and 30.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,300 |
| Studio Rent | $300 | $300 |
| 1 Bed Rent | $750 | $731 |
| 2 Bed Rent | $1,050 | $1,070 |
| 3 Bed Rent | $1,400 | $1,450 |
| 4 Bed Rent | $1,800 | $1,760 |
% of Rental Stock
Property Listings — Red Fork, Tulsa, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Red Fork, Tulsa, OK is 38. This is a increase of 25.0% 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 47.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $180,000 | 10.0% |
Listing Count | 55 | -23.0% |
| Listings as % of Homes | 0.5% | -23.0% |
Days on Market | 38 | 25.0% |
Demographics — Red Fork, Tulsa, OK
As of the latest ACS Survey released in 2023, Red Fork, Tulsa, OK has a population of 19,100, which has decreased by -3.3% over the past 5 years. Red Fork, Tulsa, OK is a popular place for families, as children make up 25.5% of the population. The area has a poorly educated workforce, with 19.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 19,100 | -3.3% |
% Under 18 | 25.5% | -4.9% |
% Seniors | 13.6% | 1.5% |
% WFH | 10.5% | 208.8% |
% w/ College Degree | 19.7% | 11.9% |
As of the latest ACS Survey released in 2023, Red Fork, Tulsa, OK is a predominantly white area, with 59.2% of the population identifying as white. The white population has shrunk by 5.6% in the last 5 years. The second most common race or ethnicity in Red Fork, Tulsa, OK is hispanic, making up 10.8% of the population. Foreign-born residents account for 4.1% of the population in Red Fork, Tulsa, OK, and this percentage has increased by 24.2% 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 | 59.2% | -5.6% |
% Black | 8.0% | -30.4% |
% Hispanic | 10.8% | 27.1% |
% Asian | 1.1% | 22.2% |
% Foreign Born | 4.1% | 24.2% |
Mortgage and Risk — Red Fork, Tulsa, OK
According to HUD data as of 2023, there were 269 mortgage originations in Red Fork, Tulsa, OK, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Red Fork, Tulsa, 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 | 269 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Red Fork, Tulsa, OK
As of 2024, the percent of homes in Red Fork, Tulsa, OK under the Section 8 program is 29.0%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Red Fork, Tulsa, OK, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,244 |
Total Units Section 8 | 1,154 |
% Rentals under Section 8 | 29.0% |
% Occupied Section 8 | 85.1% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $160 | $750 | $910 |
| 2 Bedroom | $80 | $1,050 | $1,130 |
| 3 Bedroom | $90 | $1,400 | $1,490 |
| 4 Bedroom | -$80 | $1,800 | $1,720 |
Affordability — Red Fork, Tulsa, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $150,000 |
| Median Household Income | $53,100 |