Southern Hills, Tulsa, OK—74136
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Southern Hills, Tulsa, OK
As of Oct '25, the median home price in Southern Hills, Tulsa, OK is $258,000, with a year-over-year change of 2.3%. This indicates that home prices in Southern Hills, Tulsa, OK are increasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $258,000 | 2.3% |
| Single Family | $312,000 | 2.0% |
| Condos | $80,000 | -2.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $58,000 | -7.9% |
2 Bed | $92,000 | -4.2% |
3 Bed | $278,000 | 1.5% |
4 Bed | $377,000 | 2.4% |
| 5 Bed | $516,000 | 4.9% |
% of Housing Stock
Rental Trends — Southern Hills, Tulsa, OK
As of July '25, Rentcast reports the average rent in Southern Hills, Tulsa, OK is $1,170, with a year-over-year rent change of -14.0%. Per bedroom, the median rent as of July '25 in Southern Hills, Tulsa, OK is studios: $618, 1-bedrooms: $769, 2-bedrooms: $1,060, 3-bedrooms: $1,720, 4-bedrooms: $2,370. The most common rental property sizes in Southern Hills, Tulsa, OK are 1-bedroom and 2-bedroom, accounting for 43.9% and 37.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $1,170 |
| Studio Rent | $587 | $618 |
| 1 Bed Rent | $705 | $769 |
| 2 Bed Rent | $1,000 | $1,060 |
| 3 Bed Rent | $1,650 | $1,720 |
| 4 Bed Rent | $2,400 | $2,370 |
% of Rental Stock
Property Listings — Southern Hills, Tulsa, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Southern Hills, Tulsa, OK is 52. This is a decrease of -13.0% 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 26.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | -4.0% |
Listing Count | 147 | 42.0% |
| Listings as % of Homes | 0.4% | 42.0% |
Days on Market | 52 | -13.0% |
Demographics — Southern Hills, Tulsa, OK
As of the latest ACS Survey released in 2023, Southern Hills, Tulsa, OK has a population of 31,700, which has remained stable by -0.5% over the past 5 years. Southern Hills, Tulsa, OK is a moderately popular place for families, as children make up 21.6% of the population. The area has a moderately educated workforce, with 38.4% 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 | 31,700 | -0.5% |
% Under 18 | 21.6% | 7.5% |
% Seniors | 16.3% | 1.2% |
% WFH | 10.5% | 66.7% |
% w/ College Degree | 38.4% | 3.8% |
As of the latest ACS Survey released in 2023, Southern Hills, Tulsa, OK is a predominantly white area, with 54.6% of the population identifying as white. The white population has shrunk by 8.8% in the last 5 years. The second most common race or ethnicity in Southern Hills, Tulsa, OK is black, making up 16.0% of the population. Foreign-born residents account for 13.6% of the population in Southern Hills, Tulsa, OK, and this percentage has increased by 13.3% 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 | 54.6% | -8.8% |
% Black | 16.0% | 4.6% |
% Hispanic | 10.4% | 31.6% |
% Asian | 6.8% | -5.6% |
% Foreign Born | 13.6% | 13.3% |
Mortgage and Risk — Southern Hills, Tulsa, OK
According to HUD data as of 2023, there were 142 mortgage originations in Southern Hills, Tulsa, OK, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 27.0% above 90% LTV (very high). This implies large mortgage risk in Southern Hills, Tulsa, OK. Investor activity is low, as 6.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 142 |
% Conventional Loans | 92.0% |
% Government Loans | 8.0% |
% Investor Loans | 6.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Southern Hills, Tulsa, OK
As of 2024, the percent of homes in Southern Hills, Tulsa, OK under the Section 8 program is 10.3%. 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 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Southern Hills, Tulsa, OK, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,005 |
Total Units Section 8 | 1,001 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | 87.5% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $235 | $705 | $940 |
| 2 Bedroom | $170 | $1,000 | $1,170 |
| 3 Bedroom | -$110 | $1,650 | $1,540 |
| 4 Bedroom | -$620 | $2,400 | $1,780 |
Affordability — Southern Hills, Tulsa, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.7 |
| Median Home Price | $258,000 |
| Median Household Income | $51,300 |