West-Central, Oklahoma City, OK—73109
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West-Central, Oklahoma City, OK
As of Oct '25, the median home price in West-Central, Oklahoma City, OK is $104,000, with a year-over-year change of -5.3%. This indicates that home prices in West-Central, Oklahoma City, OK are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $104,000 | -5.3% |
| Single Family | $104,000 | -4.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $69,000 | -2.8% |
2 Bed | $89,000 | -7.3% |
3 Bed | $120,000 | -4.0% |
4 Bed | $147,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West-Central, Oklahoma City, OK
As of July '25, Rentcast reports the average rent in West-Central, Oklahoma City, OK is $858, with a year-over-year rent change of 3.4%. Per bedroom, the median rent as of July '25 in West-Central, Oklahoma City, OK is studios: $675, 1-bedrooms: $742, 2-bedrooms: $975, 3-bedrooms: $1,280, 4-bedrooms: $1,410. The most common rental property sizes in West-Central, Oklahoma City, OK are 2-bedroom and 1-bedroom, accounting for 36.9% and 28.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $750 | $858 |
| Studio Rent | $675 | $675 |
| 1 Bed Rent | $725 | $742 |
| 2 Bed Rent | $950 | $975 |
| 3 Bed Rent | $1,100 | $1,280 |
| 4 Bed Rent | $1,200 | $1,410 |
% of Rental Stock
Property Listings — West-Central, Oklahoma City, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in West-Central, Oklahoma City, OK is 43. This is a increase of 11.0% 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 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 | $171,000 | -1.0% |
Listing Count | 38 | -6.0% |
| Listings as % of Homes | 0.3% | -6.0% |
Days on Market | 43 | 11.0% |
Demographics — West-Central, Oklahoma City, OK
As of the latest ACS Survey released in 2023, West-Central, Oklahoma City, OK has a population of 20,900, which has decreased by -9.7% over the past 5 years. West-Central, Oklahoma City, OK is a popular place for families, as children make up 32.7% of the population. The area has a poorly educated workforce, with 7.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 20,900 | -9.7% |
% Under 18 | 32.7% | -9.2% |
% Seniors | 9.0% | -4.3% |
% WFH | 2.8% | -9.7% |
% w/ College Degree | 7.5% | 25.0% |
As of the latest ACS Survey released in 2023, West-Central, Oklahoma City, OK is a predominantly hispanic area, with 62.0% of the population identifying as hispanic. The hispanic population has shrunk by 4.3% in the last 5 years. The second most common race or ethnicity in West-Central, Oklahoma City, OK is white, making up 23.3% of the population. Foreign-born residents account for 25.8% of the population in West-Central, Oklahoma City, OK, and this percentage has decreased by 8.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 23.3% | -9.0% |
% Black | 8.9% | 102.3% |
% Hispanic | 62.0% | -4.3% |
% Asian | 0.7% | 133.3% |
% Foreign Born | 25.8% | -8.2% |
Mortgage and Risk — West-Central, Oklahoma City, OK
According to HUD data as of 2023, there were 57 mortgage originations in West-Central, Oklahoma City, OK, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 80.0%, with 44.0% above 90% LTV (very high). This implies large mortgage risk in West-Central, Oklahoma City, OK. Investor activity is high, as 19.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 57 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 19.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — West-Central, Oklahoma City, OK
As of 2024, the percent of homes in West-Central, Oklahoma City, OK under the Section 8 program is 14.3%. 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. In West-Central, Oklahoma City, OK, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,104 |
Total Units Section 8 | 597 |
% Rentals under Section 8 | 14.3% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $75 | $725 | $800 |
| 2 Bedroom | $40 | $950 | $990 |
| 3 Bedroom | $210 | $1,100 | $1,310 |
| 4 Bedroom | $250 | $1,200 | $1,450 |
Affordability — West-Central, Oklahoma City, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $104,000 |
| Median Household Income | $40,900 |