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Florence Park, Tulsa, OK—74114

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$281,000
3.5% YoY Growth
Household Income
$95,600
39.1% YoY Growth
Days on Market
47
29.0% Longer YoY
Home Price Forecast
1.3%
Median Rent
$1,550
6.0% YoY Growth
1-Bed Rent
$1,250
10.7% YoY Growth
2-Bed Rent
$1,480
2.0% YoY Growth
3-Bed Rent
$1,550
4.1% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Florence Park, Tulsa, OK

As of May '26, the median home price in Florence Park, Tulsa, OK is $281,000, with a year-over-year change of 3.5%. This indicates that home prices in Florence Park, Tulsa, OK are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$281,0003.5%
Single Family $279,0002.6%
Condos $300,00012.4%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$226,0003.2%
    3 Bed
    		$250,0001.6%
    4 Bed
    		$865,0006.8%
    5 Bed $1,421,3498.7%
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    % of Housing Stock

    Studio
    1.3%
    1 Bedroom
    3.7%
    2 Bedrooms
    20.9%
    3 Bedrooms
    53.7%
    4 Bedrooms
    15.4%
    5+ Bedrooms
    4.9%

    Rental Trends — Florence Park, Tulsa, OK

    As of July '25, Rentcast reports the average rent in Florence Park, Tulsa, OK is $1,560, with a year-over-year rent change of -6.0%. Per bedroom, the median rent as of July '25 in Florence Park, Tulsa, OK is 1-bedrooms: $1,250, 2-bedrooms: $1,470, 3-bedrooms: $1,640, 4-bedrooms: $1,820. The most common rental property sizes in Florence Park, Tulsa, OK are 3-bedroom and 2-bedroom, accounting for 48.1% and 36.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,550$1,560
    Studio Rent N/AN/A
    1 Bed Rent $1,250$1,250
    2 Bed Rent $1,480$1,470
    3 Bed Rent $1,550$1,640
    4 Bed Rent $1,600$1,820
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    % of Rental Stock

    Studio
    2.5%
    1 Bedroom
    7.8%
    2 Bedrooms
    36.6%
    3 Bedrooms
    48.1%
    4 Bedrooms
    2.7%
    5+ Bedrooms
    2.2%

    Property Listings — Florence Park, Tulsa, OK

    As of May '26, Realtor.com reports that the median days on market for a home in Florence Park, Tulsa, OK is 47. This is a increase of 29.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$537,000-8.0%
    Listing Count
    		105-5.0%
    Listings as % of Homes0.8%-5.0%
    Days on Market
    		4729.0%
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    Demographics — Florence Park, Tulsa, OK

    As of the latest ACS Survey released in 2023, Florence Park, Tulsa, OK has a population of 16,800, which has increased by 3.6% over the past 5 years. Florence Park, Tulsa, OK is a moderately popular place for families, as children make up 21.3% of the population. The area has a highly educated workforce, with 58.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		16,8003.6%
    % Under 18
    		21.3%4.4%
    % Seniors
    		21.4%16.9%
    % WFH
    		14.9%192.2%
    % w/ College Degree
    		58.0%7.2%
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    As of the latest ACS Survey released in 2023, Florence Park, Tulsa, OK is a predominantly white area, with 80.7% of the population identifying as white. The white population has shrunk by 1.0% in the last 5 years. The second most common race or ethnicity in Florence Park, Tulsa, OK is hispanic, making up 5.6% of the population. Foreign-born residents account for 4.7% of the population in Florence Park, Tulsa, OK, and this percentage has increased by 51.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		80.7%-1.0%
    % Black
    		1.7%-48.5%
    % Hispanic
    		5.6%-15.2%
    % Asian
    		1.4%7.7%
    % Foreign Born
    		4.7%51.6%
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    Mortgage and Risk — Florence Park, Tulsa, OK

    According to HUD data as of 2023, there were 323 mortgage originations in Florence Park, Tulsa, OK, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 64.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Florence Park, Tulsa, OK. Investor activity is low, as 7.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		323
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		7.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — Florence Park, Tulsa, OK

    As of 2024, the percent of homes in Florence Park, Tulsa, OK under the Section 8 program is 3.2%. 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. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Florence Park, Tulsa, OK, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		51
    Total Units Section 8
    		51
    % Rentals under Section 8
    		3.2%
    % Occupied Section 8
    		85.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$90$1,250$1,160
    2 Bedroom-$40$1,480$1,440
    3 Bedroom$350$1,550$1,900
    4 Bedroom$590$1,600$2,190

    Affordability — Florence Park, Tulsa, OK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.7
    Median Home Price$281,000
    Median Household Income$95,600

    Florence Park, Tulsa, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Pearl District, Tulsa, OK

    74104

    Brookside, Tulsa, OK

    74105

    Patrick Henry, Tulsa, OK

    74135

    Cherry Street, Tulsa, OK

    74120

    Maple Ridge, Tulsa, OK

    74119

    Frequently Asked Questions