Market Intelligence · OK / Oklahoma City

Oklahoma City, OK 73118 Housing Market

The typical home value in Oklahoma City 73118 is $232,769, up 0.8% over the past year. Homes list for a median of $299,925 and spend 65 days on the market before sale.

Updated September 2026Median value$233K

The median home value in Oklahoma City, OK 73118 is $233K as of September 2026, up 0.8% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 73118 range

$214K to $251K

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

+0.8% over 12 months

Sep 2025$231K

Low $231KHigh $234K

Sep 2026$233K

The numbers

What is the 73118 housing market like?

As of September 2026

Typical home value

$233K

0.8%YoY

Median list price

$300K

2.3%MoM

Days on market

16.1%MoM

Homes for sale

100

7.5%MoM

Price cuts

35.7%

28.6%MoM

New listings

25.0%MoM

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

The outlook

73118 housing market forecast 2027

+0.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 73118 to rise 0.7% by September 2027.

Over the 12 months through September 2026, typical home values in 73118 rose 0.8%, per the Zillow Home Value Index.

Will home prices drop in 73118?

Zillow's forecast does not call for a drop: it expects typical home values in 73118 to rise 0.7% by September 2027, after a 0.8% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 73118 home prices compare?

73118$232,769
Oklahoma City$211,284
Oklahoma$182,245
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Oklahoma City: 42 ZIPs; Oklahoma: 499 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 100 homes for sale in this ZIP, with 30 new listings appearing recently. The median list price sits at $299,925, and homes typically remain on market for 65 days. A notable 35.7% of listings carry a price cut, suggesting sellers are adjusting expectations in a moderately paced market. For those considering selling, the modest appreciation and moderate inventory levels indicate you should price competitively and be prepared for a patient sales process.

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Down payment20% · $46,554

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Common questions

What people ask us.

What is the typical home value in 73118?

The typical home value in Oklahoma City 73118 is $232,769, which has risen 0.8% over the past year.

How long do homes stay on the market here?

Homes in this ZIP typically spend 65 days on the market before sale.

What share of homes are seeing price reductions?

As of September 2026, 35.7% of listings in this area have experienced a price cut.

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