Downtown, Oklahoma City, OK—73104
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Downtown, Oklahoma City, OK
As of Oct '25, the median home price in Downtown, Oklahoma City, OK is $363,000, with a year-over-year change of 1.6%. This indicates that home prices in Downtown, Oklahoma City, OK are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $363,000 | 1.6% |
| Single Family | $377,000 | 2.2% |
| Condos | $341,000 | 2.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $396,000 | 3.4% |
3 Bed | $375,000 | 2.7% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Downtown, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in Downtown, Oklahoma City, OK is $1,710, with a year-over-year rent change of -3.4%. Per bedroom, the median rent as of July '25 in Downtown, Oklahoma City, OK is studios: $1,090, 1-bedrooms: $1,460, 2-bedrooms: $1,900, 3-bedrooms: $2,680. The most common rental property sizes in Downtown, Oklahoma City, OK are 1-bedroom and 2-bedroom, accounting for 49.4% and 36.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,630 | $1,710 |
| Studio Rent | $1,120 | $1,090 |
| 1 Bed Rent | $1,440 | $1,460 |
| 2 Bed Rent | $1,850 | $1,900 |
| 3 Bed Rent | $2,670 | $2,680 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Downtown, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Downtown, Oklahoma City, OK is 62. This is a increase of 6.0% 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 16.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $733,000 | -2.0% |
Listing Count | 38 | 35.0% |
| Listings as % of Homes | 0.8% | 35.0% |
Days on Market | 62 | 6.0% |
Demographics — Downtown, Oklahoma City, OK
As of the latest ACS Survey released in 2023, Downtown, Oklahoma City, OK has a population of 3,750, which has increased by 63.8% over the past 5 years. Downtown, Oklahoma City, OK is a less popular place for families, as children make up 12.3% of the population. The area has a highly educated workforce, with 74.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,750 | 63.8% |
% Under 18 | 12.3% | -31.3% |
% Seniors | 6.6% | 4.8% |
% WFH | 8.2% | 74.5% |
% w/ College Degree | 74.8% | 21.2% |
As of the latest ACS Survey released in 2023, Downtown, Oklahoma City, OK is a predominantly white area, with 58.8% of the population identifying as white. The white population has grown by 26.5% in the last 5 years. The second most common race or ethnicity in Downtown, Oklahoma City, OK is black, making up 23.0% of the population. Foreign-born residents account for 9.1% of the population in Downtown, Oklahoma City, OK, and this percentage has increased by 37.9% 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 | 58.8% | 26.5% |
% Black | 23.0% | -34.7% |
% Hispanic | 5.6% | 69.7% |
% Asian | 7.2% | -20.9% |
% Foreign Born | 9.1% | 37.9% |
Mortgage and Risk — Downtown, Oklahoma City, OK
According to HUD data as of 2023, there were 53 mortgage originations in Downtown, Oklahoma City, OK, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Downtown, Oklahoma City, OK. Investor activity is low, as 15.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 53 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 15.0% |
% Second Loans | 6.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Downtown, Oklahoma City, OK
Downtown, Oklahoma City, OK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 140 |
Total Units Section 8 | 139 |
% Rentals under Section 8 | 7.4% |
% Occupied Section 8 | 71.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$140 | $1,440 | $1,300 |
| 2 Bedroom | -$250 | $1,850 | $1,600 |
| 3 Bedroom | -$530 | $2,670 | $2,140 |
| 4 Bedroom | N/A | N/A | $2,330 |
Affordability — Downtown, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.3 |
| Median Home Price | $363,000 |
| Median Household Income | $69,900 |