Zip Code 73119

Oklahoma City, OKOklahoma County

Real Estate Market Analysis

Q3 2025 Report
$115,000 (2025 est.)
Median Home Value
38,200 (2025 est.)
Population
$38,500
Median Income
C (OKCPS), C- (Western Heights) [Niche 2025]
School District Rating

Market Statistics

Property Values

$115,000 (2025 est.)
Median Home Value
$1,050/month (2025 est.)
Median Rent
$110 (2025 est.)
Price per Sq Ft

Market Performance

Home Appreciation4.2% year-over-year (2024-2025)
Market VelocityModerate; average days on market: 32
Foreclosure RateAbove city average; 0.5% of homes in foreclosure

Area Information

Area SizeApprox. 8 sq mi
CountyOklahoma
Primary CityOklahoma City

Housing Profile

Housing Statistics

Total Housing Units~13,000
Owner Occupied47%
Rental Properties48%
Vacant Units5%
New ConstructionLimited; most homes built 1950-1975, some infill and duplexes since 2020

Housing Types

Single-family homesDuplexesSmall apartment complexesMobile homes

Demographics

38,200 (2025 est.)
Population
30.7
Median Age
$38,500
Median Income
92% (8% unemployment, above city avg.)
Employment Rate
Low; 68% high school diploma or higher, 10% bachelor’s degree or higher
Education Levels
Large families common; avg. household size 3.2
Family Composition

Education Quality

School District Performance

C (OKCPS), C- (Western Heights) [Niche 2025]
District Rating
School DistrictOklahoma City Public Schools, Western Heights Public Schools
Test ScoresBelow state average; some elementary schools outperform local peers
Graduation RatesU.S. Grant High School: 80.1% (below state avg.)

Schools in Area

  • Santa Fe South Penn Elementary
  • Adams Elementary
  • Arthur Elementary
  • Coolidge Elementary
  • Esperanza Elementary
  • U.S. Grant High School

Economic Factors

Employment & Business

Job Growth2.1% (2024-2025, moderate)
Unemployment Rate8% (2025 est.)
Business EnvironmentPredominantly small businesses, service sector, and logistics
Commercial ActivityActive along SW 29th St. and S. May Ave.

Major Employers

  • Will Rogers World Airport
  • Local retail centers
  • Logistics/warehousing
  • Healthcare clinics

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • I-44
  • I-240
  • Public bus routes (EMBARK)

Utilities & Services

  • OG&E (electric)
  • ONG (gas)
  • City of OKC (water/sewer)

Quality of Life

Safety & Environment

Above city average; property crime and petty theft are concerns

Fair; some air/noise pollution from highways and industry

Healthcare Access

  • Community clinics
  • Urgent care centers
  • Proximity to Integris Southwest Medical Center

Development Trends

Planned Developments

  • Small-scale infill housing
  • Retail renovations on SW 29th

Infrastructure Projects

  • Road resurfacing (2025)
  • Sidewalk improvements

Investment Outlook

Growth Outlook

Stable to modest growth; affordable housing demand remains strong

Investment Opportunities

  • Value-add single-family rentals
  • Small multifamily acquisitions
  • Retail redevelopment

Marketing Intelligence

Target Demographics

  • First-time buyers
  • Investors seeking cash flow
  • Large families
  • Hispanic/Latino households

Competitive Advantages

  • Lower price point than most OKC zip codes
  • Strong rental demand
  • Proximity to major employers

Pricing Strategies

Competitive pricing below city median; incentives for quick close

Common Objections & Response Strategies

Objection: Concerns about school quality

Response Strategy:

Highlight standout elementary schools and community support programs

Objection: Crime rates higher than city average

Response Strategy:

Emphasize active neighborhood watch, recent policing initiatives, and affordable home security options

Objection: Older housing stock

Response Strategy:

Promote recent renovations, value-add potential, and lower entry price

Objection: Limited new construction

Response Strategy:

Showcase infill projects and potential for custom upgrades

Professional Recommendations

1

Target investors and first-time buyers with turnkey and value-add listings

2

Leverage bilingual marketing for Hispanic/Latino buyers

3

Network with local employers and community organizations

4

Highlight rental demand and cash flow in marketing materials

5

Stay informed on local zoning and development changes

Competitive Analysis

Comparable Markets

  • 73107 (OKC)
  • 73108 (OKC)
  • 73159 (South OKC)

Market Positioning

Best suited for value-focused buyers and investors

Competitive Advantages

  • Lower prices, higher rental yields, strong demand for affordable housing

Price Comparison

~20% below OKC median home price

Investment Metrics

7.5%-8.5% (2025 est.)
Cap Rates
7.2% gross yield
Rental Yields
9.1
Price-to-Rent
Strong for well-managed rentals
Cash Flow
3-4% annually (2025-2027)
Appreciation

Buyer Journey Insights

First-Time Buyers

Attracted by affordability; may need education on renovation and financing options

Move-Up Buyers

Less common; may seek newer homes in adjacent zip codes

Downsizers

Rare; area not typically marketed to retirees

Investors

Active; focus on cash flow, value-add, and Section 8 opportunities

Relocators

Drawn by proximity to airport, highways, and affordable rents

This zip code analysis was generated using comprehensive market data and AI intelligence.

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

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