Mesta Park

Oklahoma City, OK

Neighborhood Market Analysis

Q3 2025 Report
$495,000 (as of mid-2025, for single-family homes)
Median Home Price
82 (Very Walkable)
Walkability Score
Wilson Elementary and Classen SAS schools are highly rated for academics and arts.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by NW 16th St (north), NW 22nd St (south), Walker Ave (east), and Classen Blvd (west)

Zip Codes

73103

Market Data Summary

Price Range$350,000–$1,100,000+ (depending on size, condition, and historic status)
Price per Sq Ft$235–$310/sq ft (2025)
Inventory LevelsLow; typically 8–15 active listings at any given time.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesHistoric bungalowsDuplexesSmall apartment buildings

Architectural Styles

CraftsmanPrairie SchoolColonial RevivalTudor RevivalBungalow

Property Details

Typical Lot Sizes0.15–0.25 acres
Home Age Range1906–1930s (majority), with some modern infill
Construction QualityHigh; many homes are meticulously restored and maintained, with original woodwork and period details.

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of young professionals, families, and retirees. Median age ~37. High percentage of college-educated residents.

Community Vibe

Tight-knit, historic, and engaged. Residents value preservation, walkability, and community events.

Typical Residents

  • Young professionals
  • Families with children
  • Retirees
  • Artists and creatives

Family Friendly

Yes; active neighborhood association, family events, and proximity to parks.

Amenities & Lifestyle

Parks & Recreation

  • Mesta Park (volleyball courts, playground, green space)
  • Heritage Hills Park

Dining Options

  • Big Truck Tacos
  • Pizza 23
  • Back Door Barbecue
  • Cafe Contemporary

Shopping Centers

  • Midtown shops (boutiques, bookstores)
  • Uptown 23rd District (retail, dining)

Local Businesses

  • Elemental Coffee
  • Big Truck Tacos
  • Commonplace Books
  • Pizza 23
  • Back Door Barbecue

Education & Schools

Wilson Elementary and Classen SAS schools are highly rated for academics and arts.
Overall School Rating

Elementary Schools

  • Wilson Elementary

Middle Schools

  • Classen SAS Middle School

High Schools

  • Classen SAS High School at Northeast

Private Schools

  • Casady School
  • Heritage Hall

Transportation & Accessibility

Transit & Roads

Public Transit

  • EMBARK bus lines (routes along NW 23rd and Walker)

Major Roads

  • NW 23rd St
  • Walker Ave
  • Classen Blvd

Commute & Walkability

Commute Times5–10 minutes to downtown OKC by car; 20 minutes by bike or bus.
WalkabilityExcellent; most errands and dining can be accomplished on foot.
ParkingOn-street parking is common; some homes have rear garages or driveways.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Families
  • Medical professionals
  • Historic home enthusiasts

Key Selling Points

  • Historic architecture
  • Walkable lifestyle
  • Strong community
  • Top-rated schools
  • Proximity to Midtown and Downtown

Pricing Considerations

Premium pricing justified for restored homes; original details and modern updates command top dollar.

Common Objections & Response Strategies

Objection: Older homes may have maintenance issues.

Response Strategy:

Provide inspection reports, highlight recent updates, and connect buyers with local contractors experienced in historic properties.

Objection: Limited parking or lack of garages.

Response Strategy:

Emphasize walkability, available on-street parking, and potential for adding rear parking if feasible.

Objection: Higher price per square foot compared to newer suburbs.

Response Strategy:

Focus on location, historic value, and long-term appreciation potential.

Investment Insights

Investment Potential

Appreciation Potential

Strong; historic designation and central location drive steady value growth.

Rental Demand

High, especially for renovated duplexes and apartments. Proximity to downtown and hospitals is a draw.

Buyer Competition

Intense for move-in ready historic homes; multiple offers are common.

Best For

  • Owner-occupants seeking historic charm
  • Investors targeting high-end rentals
  • Families valuing walkability and schools

Potential Concerns

  • Older homes may require ongoing maintenance
  • Limited inventory can frustrate buyers

Professional Recommendations

1

Network with the Mesta Park Neighborhood Association for off-market opportunities.

2

Educate buyers on historic homeownership (maintenance, tax credits).

3

Stage homes to accentuate period features and outdoor spaces.

4

Leverage social media and virtual tours to reach out-of-state buyers.

5

Highlight walkability, school quality, and community events in all marketing.

Competitive Analysis

Comparable Markets

  • Heritage Hills
  • Gatewood
  • Edgemere Park

Market Positioning

Premium historic neighborhood for buyers seeking character and urban convenience.

Competitive Advantages

  • Superior walkability
  • Active neighborhood association
  • Historic designation

Price Comparison

Priced higher per square foot than most OKC neighborhoods, but below Heritage Hills.

Investment Metrics

4.5%–5.2% for well-maintained rentals
Cap Rates
5.5%–6.5% (gross)
Rental Yields
~17:1 (2025)
Price-to-Rent
Positive for updated duplexes and small multifamily; single-family homes typically break even or modest cash flow.
Cash Flow
5%–7% annual appreciation expected through 2026.
Appreciation

Buyer Journey Insights

First-Time Buyers

May face competition and higher prices, but benefit from walkability and community support.

Move-Up Buyers

Attracted by larger historic homes and proximity to downtown amenities.

Downsizers

Appreciate single-level bungalows and low-maintenance lots.

Investors

Strong demand for quality rentals; historic cachet supports premium rents.

Relocators

Drawn by central location, schools, and vibrant neighborhood culture.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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