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Nichols Hills Suburban Northside

OKLAHOMA CITY, OK 73116

Real Estate Market Report  ·  Oklahoma County
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 73116

Nichols Hills · Suburban Northside

Market Analysis

Data as of March 2026. Source: Realtor.com.

The OKLAHOMA CITY, OK real estate market (73116) currently shows 86 active listings, with 16 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 64 days on market compared to 45 days last year.

The median listing price has fallen 34.4% year-over-year, from $570,000 to $373,750.

Whether you are buying or selling in OKLAHOMA CITY, OK, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 9,932  ·  Density: 694.7/mi²  ·  Median household income: $82,060

Typical home value: $285,478  ·  Homeownership: 71.8%

Market Overview

Active Listings
86
⇧ 17.8% vs 73 last year
Pending
16
19% pending ratio
Median Price
$373,750
⇩ 34.4% vs $570,000 last year
Average Price
$695,349
⇩ 16.5% vs $832,757 last year
Days on Market
64
⇧ 42.2% vs 45 days last year

Price Per Square Foot

Median $/sqft
$231
⇩ 13.5% vs $267/sqft last year
Median Home Size
1,949 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 86 this year vs 73 last year
  • Days on market: 64 now vs 45 last year

Median & Average Pricing

Year over Year
  • Median: $373,750 (-34.4% YoY)
  • Average: $695,349 (-16.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 8.1 miles — 976 listings ($414,994,033 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
73116Oklahoma City, OK 731160.0 mi83$57,522,652$368,000$693,044
73120Oklahoma City, OK 731202.4 mi227$80,923,003$278,675$356,489
73122Oklahoma City, OK 731223.3 mi40$9,770,320$220,500$244,258
73105Oklahoma City, OK 731054.0 mi27$7,804,755$243,750$289,065
73107Oklahoma City, OK 731074.5 mi124$28,656,028$194,124$231,097
73106Oklahoma City, OK 731064.7 mi86$37,456,784$344,900$435,544
73162Oklahoma City, OK 731624.9 mi108$31,276,908$264,500$289,601
73111Oklahoma City, OK 731115.3 mi60$20,348,940$157,450$339,149
73142Oklahoma City, OK 731426.0 mi104$83,251,584$458,725$800,496
73104Oklahoma City, OK 731046.0 mi34$26,682,656$734,000$784,784
73108Oklahoma City, OK 731086.7 mi42$15,470,532$272,500$368,346
73121Oklahoma City, OK 731217.1 mi14$6,055,196$253,150$432,514
73128Oklahoma City, OK 731288.1 mi27$9,774,675$375,000$362,025

Frequently Asked Questions

How many homes are for sale in OKLAHOMA CITY, OK 73116?

As of March 2026, there are 86 active listings in OKLAHOMA CITY, OK (zip code 73116), compared to 73 the prior year.

What is the median home price in OKLAHOMA CITY, OK 73116?

The median listing price in OKLAHOMA CITY, OK 73116 is $373,750 as of March 2026, a 34.4% decrease from $570,000 the prior year.

How long do homes stay on the market in OKLAHOMA CITY, OK?

Homes in OKLAHOMA CITY, OK 73116 spend an average of 64 days on the market before going under contract, compared to 45 days the prior year.

Is it a seller's or buyer's market in OKLAHOMA CITY, OK 73116?

Based on current inventory and days-on-market data as of March 2026, OKLAHOMA CITY, OK 73116 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 64 days on market compared to 45 days last year.

How much can I save on real estate commission in OKLAHOMA CITY, OK?

With SELL123.com's maximum 3% commission, sellers in OKLAHOMA CITY, OK 73116 save an estimated $7,475 compared to a typical 5% commission on the median listing price of $373,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.