Paseo Arts District

Oklahoma City, OK

Neighborhood Market Analysis

Q3 2025 Report
$312,500 (June 2025)
Median Home Price
75–80 (Very Walkable)
Walkability Score
Public schools are above Oklahoma City average, with Classen SAS known for arts and academics.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by NW 30th St to the north, NW 23rd St to the south, Walker Ave to the east, and Dewey Ave to the west.

Zip Codes

7310373118

Market Data Summary

Price RangeRecent listings range from $298,750 to $549,900, with some homes in the broader Arts District up to $3.5M[1][4].
Price per Sq Ft$226 (June 2025)[3]
Inventory Levels24 homes for sale as of April 2025, indicating moderate inventory[1].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesHistoric bungalowsTownhomesCondos

Architectural Styles

Spanish RevivalCraftsmanArt DecoContemporary infill

Property Details

Typical Lot SizesSmall to medium urban lots (0.1–0.25 acres)
Home Age Range1920s–1940s for historic homes; some new construction and renovated properties
Construction QualityMix of well-preserved historic homes and modern renovations; high attention to detail in restored properties.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of artists, young professionals, retirees, and established families. Median age skewed younger than city average.

Community Vibe

Eclectic, artsy, and walkable. Strong sense of local identity and community engagement.

Typical Residents

  • Artists
  • Young professionals
  • Empty nesters
  • Small families

Family Friendly

Moderately family-friendly; more popular with singles, couples, and creative professionals.

Amenities & Lifestyle

Parks & Recreation

  • Paseo Plunge
  • Goodholm Park
  • Nearby Edgemere Park

Dining Options

  • Paseo Grill
  • Picasso Café
  • OSO Paseo
  • Scratch Kitchen & Cocktails

Shopping Centers

  • Local boutiques within district; larger shopping at Uptown 23rd and Midtown

Local Businesses

  • Art galleries
  • Boutique shops
  • Yoga studios
  • Coffee houses

Education & Schools

Public schools are above Oklahoma City average, with Classen SAS known for arts and academics.
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 (nearby)
  • Heritage Hall (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • EMBARK bus routes along NW 23rd and Walker Ave

Major Roads

  • NW 23rd St
  • Walker Ave
  • Classen Blvd

Commute & Walkability

Commute Times10–15 minutes to downtown OKC; 20–25 minutes to airport.
WalkabilityHigh within district; most errands can be accomplished on foot.
ParkingStreet parking is common; some homes have driveways or garages, but parking can be tight during events.

Marketing Intelligence

Target Buyer Types

  • Creative professionals
  • Young couples
  • Investors (short-term rental)
  • Empty nesters seeking walkability

Key Selling Points

  • Historic architecture
  • Vibrant arts and dining scene
  • Walkability
  • Proximity to downtown

Pricing Considerations

Price premiums for renovated homes and those with unique architectural details; competitive pricing needed for homes needing updates.

Common Objections & Response Strategies

Objection: Parking is limited, especially during events.

Response Strategy:

Highlight walkability, available street parking, and potential for resident permits.

Objection: Some homes need significant updates.

Response Strategy:

Emphasize renovation potential and connect buyers with local contractors; highlight move-in ready options.

Objection: Noise from nightlife and festivals.

Response Strategy:

Point out quieter streets, modern window upgrades, and the vibrant community atmosphere as a positive.

Investment Insights

Investment Potential

Appreciation Potential

Strong for renovated historic homes and unique properties; steady demand from buyers seeking walkable, arts-focused communities.

Rental Demand

High, especially for short-term rentals and furnished units targeting professionals and tourists.

Buyer Competition

Moderate to high for well-renovated or unique homes; bidding wars possible for standout properties.

Best For

  • Artists and creatives
  • Young professionals
  • Investors seeking short-term rental income
  • Buyers seeking historic charm

Potential Concerns

  • Limited inventory of move-in ready homes
  • Parking constraints
  • Noise during events

Professional Recommendations

1

Leverage local arts events and festivals for open houses and marketing.

2

Network with local artists and businesses to enhance neighborhood immersion for buyers.

3

Emphasize walkability, historic charm, and arts culture in all marketing materials.

4

Prepare buyers for competitive offers on standout properties.

5

Stay informed on city development plans and upcoming infrastructure improvements.

Competitive Analysis

Comparable Markets

  • Plaza District
  • Mesta Park
  • Midtown

Market Positioning

Boutique, arts-focused urban neighborhood with strong community engagement.

Competitive Advantages

  • Unique arts identity
  • Historic architecture
  • Walkability

Price Comparison

Generally more affordable than Midtown, but higher than Plaza District for renovated homes.

Investment Metrics

5–6% for well-managed short-term rentals; 4–5% for long-term rentals (2025 estimates)
Cap Rates
Gross yields 7–8% for furnished short-term units; 5–6% for traditional rentals.
Rental Yields
16–18 (favorable for investors seeking appreciation and cash flow)
Price-to-Rent
Positive for short-term rentals; break-even to modest for long-term rentals depending on purchase price and renovation costs.
Cash Flow
3–5% annual appreciation expected for renovated homes through 2026.
Appreciation

Buyer Journey Insights

First-Time Buyers

May face affordability challenges; best suited for buyers seeking unique, walkable neighborhoods and willing to consider renovation.

Move-Up Buyers

Attracted to larger, renovated homes with historic character and proximity to downtown amenities.

Downsizers

Appealing for empty nesters seeking low-maintenance, walkable lifestyle and cultural amenities.

Investors

Strong short-term rental demand; unique properties offer value-add opportunities.

Relocators

Drawn by arts scene, urban lifestyle, and central location.

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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