Tulsa, OK


Highest Appreciating Tulsa Neighborhoods Since 2000

Tulsa, OK Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Tulsa Housing Market Information

With a population of 403,357, 164,471 total housing units (homes and apartments), and a median house value of $118,815, house prices in Tulsa are solidly below the national average.

Single-family detached homes are the single most common housing type in Tulsa, accounting for 62.74% of the city's housing units. Other types of housing that are prevalent in Tulsa include large apartment complexes or high rise apartments ( 25.72%), duplexes, homes converted to apartments or other small apartment buildings ( 6.45%), and a few row houses and other attached homes ( 3.44%).

The most prevalent building size and type in Tulsa are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.18% owning and 48.82% renting.

There is a lot of housing in Tulsa built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Tulsa built between 1940-1969 ( 38.63%). A lesser amount of the housing stock also hails from before 1939 ( 9.95%). There's also some housing in Tulsa built between 2000 and later ( 7.50%).

Vacant housing appears to be an issue in Tulsa. Fully 12.14% of the housing stock is classified as vacant. Left unchecked, vacant Tulsa homes and apartments can be a drag on the real estate market, holding Tulsa real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Tulsa Home Appreciation Rates

Appreciation rates for homes in Tulsa have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.38%, which ranks in the top 30% nationwide. This equates to an annual average Tulsa house appreciation rate of 0.99%.

NeighborhoodScout's data show that during the latest twelve months, Tulsa's appreciation rate, at 4.42%, has been at or slightly above the national average. In the latest quarter, Tulsa's appreciation rate has been 0.95%, which annualizes to a rate of 3.85%.

Relative to Oklahoma, our data show that Tulsa's latest annual appreciation rate is higher than 70% of the other cities and towns in Oklahoma.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Tulsa differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Tulsa - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Tulsa real estate investment or home purchase decisions.

Average Home Values


Median Home Value:


Value Range
> $1,104,000 0.6
$828,001 - $1,104,000 0.7
$552,001 - $828,000 2.0
$441,001 - $552,000 2.0
$331,001 - $441,000 4.4
$221,001 - $331,000 9.4
$110,001 - $221,000 37.0
$55,001 - $110,000 31.5
$0 - $55,000 12.3

High for OK
Low for Nation

Value Relative to Nation Value Relative to State
66.1549279268721 29.3051359516616

Number Of Homes And Apartments:

Tulsa Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
33.16% 1.67% 1 4
* 10 is highest

Rent & Ownership


Average Market Rent:
$994 / per month

Homeownership Rate

Owners 51.18
Renters 48.82
Vacant 12.14

Housing Market Details


Age of Homes

2000 or Newer 7.5
1970 - 1999 43.9
1940 - 1969 38.6
1939 or Older 10.0

Types of Homes

Single-Family 62.7
Townhomes 3.4
Small Apt. Buildings 6.4
Apt. Complexes 25.7
Mobile Homes 1.6
Other 0.1

Home Size

No Bedroom 2.29
1 Bedroom 17.43
2 Bedrooms 26.07
3 Bedrooms 39.85
4 Bedrooms 12.15
5 or more bedrooms 2.20