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Central-East, Oklahoma City, OK—73142

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$365,000
0.6% YoY Growth
Household Income
$74,000
2.1% YoY Growth
Days on Market
47
14.0% Longer YoY
Home Price Forecast
1.1%
Median Rent
$1,300
4.4% YoY Growth
1-Bed Rent
$1,120
8.6% YoY Growth
2-Bed Rent
$1,340
3.1% YoY Growth
3-Bed Rent
$1,660
11.7% YoY Growth

Other Zip Codes in Central-East, Oklahoma City, OK

73117
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Central-East, Oklahoma City, OK

As of May '26, the median home price in Central-East, Oklahoma City, OK is $365,000, with a year-over-year change of 0.6%. This indicates that home prices in Central-East, Oklahoma City, OK are flat. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$365,0000.6%
Single Family $369,0000.8%
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
    $250,000-0.4%
    3 Bed
    $289,0000.3%
    4 Bed
    $475,0001.3%
    5 Bed $825,6381.9%
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    % of Housing Stock

    Studio
    1.4%
    1 Bedroom
    14.5%
    2 Bedrooms
    28.3%
    3 Bedrooms
    35.2%
    4 Bedrooms
    17.6%
    5+ Bedrooms
    3.1%

    Rental Trends — Central-East, Oklahoma City, OK

    As of July '25, Rentcast reports the average rent in Central-East, Oklahoma City, OK is $1,430, with a year-over-year rent change of 4.4%. Per bedroom, the median rent as of July '25 in Central-East, Oklahoma City, OK is studios: $705, 1-bedrooms: $1,140, 2-bedrooms: $1,320, 3-bedrooms: $1,660, 4-bedrooms: $2,520. The most common rental property sizes in Central-East, Oklahoma City, OK are 2-bedroom and 1-bedroom, accounting for 48.9% and 31.9% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,300$1,430
    Studio Rent $705$705
    1 Bed Rent $1,120$1,140
    2 Bed Rent $1,340$1,320
    3 Bed Rent $1,660$1,660
    4 Bed Rent $2,000$2,520
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    % of Rental Stock

    Studio
    3.4%
    1 Bedroom
    31.9%
    2 Bedrooms
    48.9%
    3 Bedrooms
    15.9%

    Property Listings — Central-East, Oklahoma City, OK

    As of May '26, Realtor.com reports that the median days on market for a home in Central-East, Oklahoma City, OK is 47. This is a increase of 14.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    $530,0002.0%
    Listing Count
    13419.0%
    Listings as % of Homes1.0%19.0%
    Days on Market
    4714.0%
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    Demographics — Central-East, Oklahoma City, OK

    As of the latest ACS Survey released in 2023, Central-East, Oklahoma City, OK has a population of 16,400, which has increased by 14.4% over the past 5 years. Central-East, Oklahoma City, OK is a moderately popular place for families, as children make up 25.0% of the population. The area has a highly educated workforce, with 58.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.4% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    16,40014.4%
    % Under 18
    25.0%5.0%
    % Seniors
    14.6%11.5%
    % WFH
    14.4%157.1%
    % w/ College Degree
    58.9%12.8%
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    As of the latest ACS Survey released in 2023, Central-East, Oklahoma City, OK is a predominantly white area, with 56.8% of the population identifying as white. The white population has shrunk by 16.6% in the last 5 years. The second most common race or ethnicity in Central-East, Oklahoma City, OK is black, making up 15.2% of the population. Foreign-born residents account for 8.6% of the population in Central-East, Oklahoma City, OK, and this percentage has decreased by 11.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    56.8%-16.6%
    % Black
    15.2%29.9%
    % Hispanic
    7.8%47.2%
    % Asian
    8.7%13.0%
    % Foreign Born
    8.6%-11.3%
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    Mortgage and Risk — Central-East, Oklahoma City, OK

    Central-East, Oklahoma City, OK lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    N/A
    % Conventional Loans
    N/A
    % Government Loans
    N/A
    % Investor Loans
    N/A
    % Second Loans
    N/A
    % Cash Out Refinance
    N/A
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    Rentals and Section 8 — Central-East, Oklahoma City, OK

    As of 2024, the percent of homes in Central-East, Oklahoma City, OK under the Section 8 program is 5.3%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Central-East, Oklahoma City, OK, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    178
    Total Units Section 8
    178
    % Rentals under Section 8
    5.3%
    % Occupied Section 8
    89.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$50$1,120$1,070
    2 Bedroom-$30$1,340$1,310
    3 Bedroom$90$1,660$1,750
    4 Bedroom-$90$2,000$1,910

    Affordability — Central-East, Oklahoma City, OK

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio4.9
    Median Home Price$365,000
    Median Household Income$74,000

    Central-East, Oklahoma City, OK — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Northeast, Oklahoma City, OK

    73162

    Bethany, Oklahoma City, OK

    73132

    Remington, Oklahoma City, OK

    73134

    Far North, Oklahoma City, OK

    73120

    Edmond, OK

    73012

    Frequently Asked Questions