How much is a home in 73116 worth?

The typical home value in 73116 is $322,389, up 0.4% over the past year.

How long does it take to sell a home in 73116?

Homes in 73116 are spending a median of 79 days on the market, so sellers should plan for a slower pace.

Are sellers in 73116 cutting prices?

Yes. About 26.7% of active listings in 73116 have had a price cut, which reflects the gap between asking prices and buyer demand.

Market Intelligence · OK / Oklahoma City

Oklahoma City, OK 73116 Housing Market

In Oklahoma City 73116, the typical home value is $322,389, up 0.4% over the past year. That is essentially a flat market. The median list price sits at $358,250, and homes are spending a median of 79 days on the market.

Updated August 2026Median value$322K

The median home value in Oklahoma City, OK 73116 is $322K as of August 2026, up 0.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 73116 range

$297K to $348K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+0.4% over 12 months

Aug 2025$321K

Low $321KHigh $328K

Aug 2026$322K

The numbers

What is the 73116 housing market like?

As of August 2026

Typical home value

$322K

0.4%YoY

Median list price

$358K

2.4%MoM

Days on market

9.7%MoM

Homes for sale

7.5%MoM

Price cuts

26.7%

12.6%MoM

New listings

11.1%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 73116 home prices compare?

73116$322,389
Oklahoma City$213,928
Oklahoma$185,923
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Oklahoma City: 42 ZIPs; Oklahoma: 499 ZIPs; United States: 26,265 ZIPs).

Context

There are 74 homes for sale in 73116, with 20 new listings hitting the market recently. The median list price of $358,250 runs above the typical home value of $322,389, which suggests sellers are aiming higher than what the market is delivering. Price movement has been nearly flat, with values up just 0.4% over the past year, and 26.7% of listings have taken a price cut. With homes sitting for a median of 79 days, buyers have time to negotiate. A seller here should price realistically from day one rather than planning to cut later.

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