Lortondale, Tulsa, OK—74112
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lortondale, Tulsa, OK
As of Oct '25, the median home price in Lortondale, Tulsa, OK is $172,000, with a year-over-year change of 0.4%. This indicates that home prices in Lortondale, Tulsa, 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 Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $172,000 | 0.4% |
| Single Family | $173,000 | 0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $163,000 | 0.6% |
3 Bed | $186,000 | 1.1% |
4 Bed | $222,000 | -0.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Lortondale, Tulsa, OK
As of July '25, Rentcast reports the average rent in Lortondale, Tulsa, OK is $1,330, with a year-over-year rent change of 6.4%. Per bedroom, the median rent as of July '25 in Lortondale, Tulsa, OK is 1-bedrooms: $806, 2-bedrooms: $1,320, 3-bedrooms: $1,470, 4-bedrooms: $1,660. The most common rental property sizes in Lortondale, Tulsa, OK are 2-bedroom and 3-bedroom, accounting for 33.8% and 32.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,340 | $1,330 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $795 | $806 |
| 2 Bed Rent | $1,250 | $1,320 |
| 3 Bed Rent | $1,400 | $1,470 |
| 4 Bed Rent | $1,500 | $1,660 |
% of Rental Stock
Property Listings — Lortondale, Tulsa, OK
As of Oct '25, Realtor.com reports that the median days on market for a home in Lortondale, Tulsa, OK is 52. This is a increase of 27.0% 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 43.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $222,000 | 0.0% |
Listing Count | 89 | 3.0% |
| Listings as % of Homes | 0.5% | 3.0% |
Days on Market | 52 | 27.0% |
Demographics — Lortondale, Tulsa, OK
As of the latest ACS Survey released in 2023, Lortondale, Tulsa, OK has a population of 21,400, which has increased by 2.5% over the past 5 years. Lortondale, Tulsa, OK is a moderately popular place for families, as children make up 22.1% of the population. The area has a moderately educated workforce, with 26.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,400 | 2.5% |
% Under 18 | 22.1% | 7.8% |
% Seniors | 14.0% | 3.7% |
% WFH | 9.1% | 237.0% |
% w/ College Degree | 26.7% | 11.3% |
As of the latest ACS Survey released in 2023, Lortondale, Tulsa, OK is a predominantly white area, with 56.0% of the population identifying as white. The white population has shrunk by 6.8% in the last 5 years. The second most common race or ethnicity in Lortondale, Tulsa, OK is hispanic, making up 20.1% of the population. Foreign-born residents account for 8.7% of the population in Lortondale, Tulsa, OK, and this percentage has decreased by 2.2% 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 | 56.0% | -6.8% |
% Black | 9.8% | 2.1% |
% Hispanic | 20.1% | 16.9% |
% Asian | 1.2% | -14.3% |
% Foreign Born | 8.7% | -2.2% |
Mortgage and Risk — Lortondale, Tulsa, OK
According to HUD data as of 2023, there were 305 mortgage originations in Lortondale, Tulsa, OK, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Lortondale, Tulsa, OK. Investor activity is low, as 15.0% 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 | 305 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 15.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Lortondale, Tulsa, OK
As of 2024, the percent of homes in Lortondale, Tulsa, OK under the Section 8 program is 12.9%. 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 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Lortondale, Tulsa, OK, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 498 |
Total Units Section 8 | 498 |
% Rentals under Section 8 | 12.9% |
% Occupied Section 8 | 85.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $175 | $795 | $970 |
| 2 Bedroom | -$40 | $1,250 | $1,210 |
| 3 Bedroom | $200 | $1,400 | $1,600 |
| 4 Bedroom | $340 | $1,500 | $1,840 |
Affordability — Lortondale, Tulsa, OK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $172,000 |
| Median Household Income | $55,800 |