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  4. /Warr Acres, OK - 73122

Warr Acres, OK—73122

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$190,000
1.5% YoY Growth
Household Income
$49,800
7.9% YoY Growth
Days on Market
82
102.0% Longer YoY
Home Price Forecast
0.8%
Median Rent
$1,060
14.1% YoY Growth
1-Bed Rent
$847
9.0% YoY Growth
2-Bed Rent
$1,060
1.0% YoY Growth
3-Bed Rent
$1,500
16.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Warr Acres, OK

As of May '26, the median home price in Warr Acres, OK is $190,000, with a year-over-year change of -1.5%. This indicates that home prices in Warr Acres, OK are decreasing. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$190,000-1.5%
Single Family $190,000-1.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

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  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$134,000-1.5%
    3 Bed
    		$190,000-1.6%
    4 Bed
    		$238,000-1.2%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.6%
    1 Bedroom
    15.7%
    2 Bedrooms
    25.5%
    3 Bedrooms
    42.2%
    4 Bedrooms
    11.1%
    5+ Bedrooms
    1.9%

    Rental Trends — Warr Acres, OK

    As of July '25, Rentcast reports the average rent in Warr Acres, OK is $1,100, with a year-over-year rent change of 14.1%. Per bedroom, the median rent as of July '25 in Warr Acres, OK is 1-bedrooms: $897, 2-bedrooms: $1,060, 3-bedrooms: $1,480, 4-bedrooms: $2,110. The most common rental property sizes in Warr Acres, OK are 1-bedroom and 2-bedroom, accounting for 33.6% and 32.6% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,060$1,100
    Studio Rent N/AN/A
    1 Bed Rent $847$897
    2 Bed Rent $1,060$1,060
    3 Bed Rent $1,500$1,480
    4 Bed Rent $2,000$2,110
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    % of Rental Stock

    Studio
    4.7%
    1 Bedroom
    33.6%
    2 Bedrooms
    32.6%
    3 Bedrooms
    23.1%
    4 Bedrooms
    3.5%
    5+ Bedrooms
    2.4%

    Property Listings — Warr Acres, OK

    As of May '26, Realtor.com reports that the median days on market for a home in Warr Acres, OK is 82. This is a increase of 102.0% 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 22.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$265,0003.0%
    Listing Count
    		3638.0%
    Listings as % of Homes0.3%38.0%
    Days on Market
    		82102.0%
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    Demographics — Warr Acres, OK

    As of the latest ACS Survey released in 2023, Warr Acres, OK has a population of 12,700, which has remained stable by -0.8% over the past 5 years. Warr Acres, OK is a popular place for families, as children make up 27.4% of the population. The area has a poorly educated workforce, with 23.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		12,700-0.8%
    % Under 18
    		27.4%6.6%
    % Seniors
    		16.1%13.4%
    % WFH
    		5.6%80.6%
    % w/ College Degree
    		23.1%0.4%
    Loading chart...

    As of the latest ACS Survey released in 2023, Warr Acres, OK is a predominantly white area, with 44.5% of the population identifying as white. The white population has shrunk by 18.3% in the last 5 years. The second most common race or ethnicity in Warr Acres, OK is hispanic, making up 30.0% of the population. Foreign-born residents account for 16.3% of the population in Warr Acres, OK, and this percentage has increased by 18.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		44.5%-18.3%
    % Black
    		13.9%5.3%
    % Hispanic
    		30.0%24.0%
    % Asian
    		2.1%-32.3%
    % Foreign Born
    		16.3%18.1%
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    Mortgage and Risk — Warr Acres, OK

    According to HUD data as of 2023, there were 107 mortgage originations in Warr Acres, OK, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 69.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Warr Acres, OK. Investor activity is high, as 16.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		107
    % Conventional Loans
    		82.0%
    % Government Loans
    		18.0%
    % Investor Loans
    		16.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		8.0%
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    Rentals and Section 8 — Warr Acres, OK

    As of 2024, the percent of homes in Warr Acres, OK under the Section 8 program is 11.4%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Warr Acres, OK, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		314
    Total Units Section 8
    		314
    % Rentals under Section 8
    		11.4%
    % Occupied Section 8
    		90.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$43$847$890
    2 Bedroom$30$1,060$1,090
    3 Bedroom-$40$1,500$1,460
    4 Bedroom-$410$2,000$1,590

    Affordability — Warr Acres, OK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.7
    Median Home Price$190,000
    Median Household Income$49,800

    Warr Acres, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Bethany, OK

    73008

    Suburban North, Oklahoma City, OK

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    Bethany, Oklahoma City, OK

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    Southwest (Outer), Oklahoma City, OK

    73127

    Mid-West, Oklahoma City, OK

    73107

    Frequently Asked Questions