West Tulsa, Tulsa, OK74132

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$290,000
2.9% YoY Growth
Median Household Income
$75,200
12.2% 5-Year Growth
Days on Market
61
62.0% Longer than last year
Home Price Forecast
1.7%
Median Rent
$1,800
9.0% YoY Growth
1-Bed Rent
$1,100
N/A
2-Bed Rent
$925
19.6% YoY Growth
3-Bed Rent
$1,800
34.0% YoY Growth

Property Listings — West Tulsa, Tulsa, OK

As of Oct '25, Realtor.com reports that the median days on market for a home in West Tulsa, Tulsa, OK is 61. This is a increase of 62.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$522,000-4.0%
Listing Count
5916.0%
Listings as % of Homes0.8%16.0%
Days on Market
6162.0%
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Demographics — West Tulsa, Tulsa, OK

As of the latest ACS Survey released in 2023, West Tulsa, Tulsa, OK has a population of 10,600, which has increased by 14.9% over the past 5 years. West Tulsa, Tulsa, OK is a moderately popular place for families, as children make up 24.8% of the population. The area has a moderately educated workforce, with 42.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
10,60014.9%
% Under 18
24.8%1.6%
% Seniors
17.6%12.1%
% WFH
11.1%177.5%
% w/ College Degree
42.0%11.1%
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As of the latest ACS Survey released in 2023, West Tulsa, Tulsa, OK is a predominantly white area, with 68.8% of the population identifying as white. The white population has shrunk by 3.6% in the last 5 years. The second most common race or ethnicity in West Tulsa, Tulsa, OK is hispanic, making up 7.9% of the population. Foreign-born residents account for 5.5% of the population in West Tulsa, Tulsa, OK, and this percentage has decreased by 22.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
68.8%-3.6%
% Black
3.1%-29.5%
% Hispanic
7.9%64.6%
% Asian
4.8%9.1%
% Foreign Born
5.5%-22.5%
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Mortgage and Risk — West Tulsa, Tulsa, OK

According to HUD data as of 2023, there were 130 mortgage originations in West Tulsa, Tulsa, OK, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in West Tulsa, Tulsa, OK. Investor activity is low, as 5.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
130
% Conventional Loans
83.0%
% Government Loans
17.0%
% Investor Loans
5.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — West Tulsa, Tulsa, OK

As of 2024, the percent of homes in West Tulsa, Tulsa, OK under the Section 8 program is 0.1%. 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. 2-bedroom units appear to be good home sizes to consider for Section 8 housing in West Tulsa, Tulsa, OK, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom and 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
2
Total Units Section 8
2
% Rentals under Section 8
0.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$90$1,100$1,010
2 Bedroom$335$925$1,260
3 Bedroom-$140$1,800$1,660
4 Bedroom-$80$2,000$1,920

Affordability — West Tulsa, Tulsa, OK

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.6
Median Home Price$290,000
Median Household Income$75,200

West Tulsa, Tulsa, OK — ZIP Code Boundary Map

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Frequently Asked Questions