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  5. /Suburban North, Oklahoma City, OK - 73112

Suburban North, Oklahoma City, OK—73112

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$185,000
2.3% YoY Growth
Household Income
$57,800
25.9% YoY Growth
Days on Market
56
10.0% Longer YoY
Home Price Forecast
0.6%
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
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Suburban North, Oklahoma City, OK

As of May '26, the median home price in Suburban North, Oklahoma City, OK is $185,000, with a year-over-year change of -2.3%. This indicates that home prices in Suburban North, Oklahoma City, OK are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$185,000-2.3%
Single Family $190,000-2.6%
Condos $112,000-6.7%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
  • $103,000
    -5.5%
    2 Bed
    $143,000-3.4%
    3 Bed
    $205,000-1.9%
    4 Bed
    $273,000-1.1%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    2.2%
    1 Bedroom
    14.5%
    2 Bedrooms
    37.2%
    3 Bedrooms
    41.2%
    4 Bedrooms
    4.4%
    5+ Bedrooms
    0.4%

    Rental Trends — Suburban North, Oklahoma City, OK

    As of July '25, Rentcast reports the average rent in Suburban North, Oklahoma City, OK is $1,550, with a year-over-year rent change of 42.2%. Per bedroom, the median rent as of July '25 in Suburban North, Oklahoma City, OK is studios: $1,040, 1-bedrooms: $1,330, 2-bedrooms: $1,710, 3-bedrooms: $1,940, 4-bedrooms: $1,910. The most common rental property sizes in Suburban North, Oklahoma City, OK are 2-bedroom and 1-bedroom, accounting for 43.7% and 29.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,410$1,550
    Studio Rent $1,050$1,040
    1 Bed Rent $1,470$1,330
    2 Bed Rent $1,310$1,710
    3 Bed Rent $1,600$1,940
    4 Bed Rent $1,900$1,910
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    % of Rental Stock

    Studio
    4.0%
    1 Bedroom
    29.8%
    2 Bedrooms
    43.7%
    3 Bedrooms
    21.1%
    4 Bedrooms
    1.4%

    Property Listings — Suburban North, Oklahoma City, OK

    As of May '26, Realtor.com reports that the median days on market for a home in Suburban North, Oklahoma City, OK is 56. This is a increase of 10.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $235,000-4.0%
    Listing Count
    1380.0%
    Listings as % of Homes0.5%0.0%
    Days on Market
    5610.0%
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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%
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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 Ratio3.2
    Median Home Price$185,000
    Median Household Income$57,800

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

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    Nearby ZIP Codes

    East, Oklahoma City, OK

    73116

    Mid-West, Oklahoma City, OK

    73107

    Warr Acres, OK

    73122

    Upper East, Oklahoma City, OK

    73118

    South-East, Oklahoma City, OK

    73106

    Frequently Asked Questions