Suburban North, Oklahoma City, OK73112

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$184,000
0.4% YoY Growth
Median Household Income
$57,800
25.9% 5-Year Growth
Days on Market
42
1.0% Longer than last year
Home Price Forecast
1.3%
Median Rent
$1,410
42.2% YoY Growth
1-Bed Rent
$1,470
47.9% YoY Growth
2-Bed Rent
$1,310
61.3% YoY Growth
3-Bed Rent
$1,600
21.2% YoY Growth

Property Listings — Suburban North, Oklahoma City, OK

As of Oct '25, Realtor.com reports that the median days on market for a home in Suburban North, Oklahoma City, OK is 42. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 49.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$225,000-7.0%
Listing Count
1557.0%
Listings as % of Homes0.5%7.0%
Days on Market
421.0%
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Demographics — Suburban North, Oklahoma City, OK

As of the latest ACS Survey released in 2023, Suburban North, Oklahoma City, OK has a population of 30,400, which has decreased by -8.7% over the past 5 years. Suburban North, Oklahoma City, OK is a moderately popular place for families, as children make up 19.3% of the population. The area has a moderately educated workforce, with 34.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.

MetricLatest CensusYoY % Change
Population
30,400-8.7%
% Under 18
19.3%-7.2%
% Seniors
15.4%11.6%
% WFH
9.1%333.3%
% w/ College Degree
34.5%5.2%
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As of the latest ACS Survey released in 2023, Suburban North, Oklahoma City, OK is a predominantly white area, with 54.7% of the population identifying as white. The white population has shrunk by 4.0% in the last 5 years. The second most common race or ethnicity in Suburban North, Oklahoma City, OK is hispanic, making up 18.2% of the population. Foreign-born residents account for 11.6% of the population in Suburban North, Oklahoma City, OK, and this percentage has decreased by 18.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
54.7%-4.0%
% Black
13.3%19.8%
% Hispanic
18.2%4.0%
% Asian
4.3%-28.3%
% Foreign Born
11.6%-18.3%
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Mortgage and Risk — Suburban North, Oklahoma City, OK

According to HUD data as of 2023, there were 452 mortgage originations in Suburban North, Oklahoma City, OK, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Suburban North, Oklahoma City, OK. Investor activity is low, as 13.0% 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
452
% Conventional Loans
81.0%
% Government Loans
19.0%
% Investor Loans
13.0%
% Second Loans
1.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Suburban North, Oklahoma City, OK

As of 2024, the percent of homes in Suburban North, Oklahoma City, OK under the Section 8 program is 8.4%. 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 Suburban North, Oklahoma City, OK, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
713
Total Units Section 8
712
% Rentals under Section 8
8.4%
% Occupied Section 8
86.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$500$1,470$970
2 Bedroom-$120$1,310$1,190
3 Bedroom-$10$1,600$1,590
4 Bedroom-$170$1,900$1,730

Affordability — Suburban North, Oklahoma City, OK

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio3.1
Median Home Price$184,000
Median Household Income$57,800

Suburban North, Oklahoma City, OK — ZIP Code Boundary Map

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Frequently Asked Questions