73503Medicine Park, OK Housing Market

Leaning buyer's

$254,990median sale price

The 73503 zip code, located in Medicine Park, OK, is currently classified as a leaning buyer's. The median sale price stands at $254,990. Homes in this area spend an average of 141 days on the market before going under contract.

Understanding zip-code-level data is essential for making informed real estate decisions. City-wide averages can mask significant variation between neighborhoods, and the 73503 market may perform differently from surrounding areas depending on local school quality, proximity to employment centers, and housing stock characteristics. The metrics below are sourced from Redfin transaction data, Zillow home value estimates, and U.S. Census Bureau demographic statistics.

Homes sold

1

Last 12 weeks

Days on market

141

Average pace

Active listings

Sale-to-list

100.0%

Above asking

Market trends

Market analysis for 73503

The 73503 real estate market is shaped by a combination of local demand, housing supply, and broader economic trends. As a leaning buyer's, homes are selling at approximately 100.0% of their listed price.

Year-over-year price trends are one of the most important indicators for both homebuyers and investors. Prices in 73503 have remained relatively stable compared to last year. For context, it's valuable to compare this trend against neighboring zip codes and the broader metro area to determine whether this performance is localized or part of a regional pattern.

Community profile

Population

11,528

Median income

$52,215/yr

Median age

20.8 years

College grads

30.2%

Living in 73503

Zip code 73503 is home to approximately 11,528 residents. The median household income is $52,215 per year, which shapes the types of homes and amenities available in the area. With a median age of 20.8 years, the community's age profile influences everything from school enrollment to local business types and recreational offerings.

About 30.2% of residents hold a bachelor's degree or higher, which often correlates with access to knowledge-economy jobs and higher earning potential in the area. These demographic factors, combined with the market data above, help paint a complete picture of what it's like to live and own property in 73503.

Frequently asked questions about 73503

What is the median home price in 73503?

The current median sale price in 73503 is $254,990, based on recent Redfin transaction data. For the most up-to-date pricing and to see how this compares to nearby areas, use our comparison tool.

Is 73503 a buyer's or seller's market?

The 73503 zip code is currently classified as a leaning buyer's. This assessment is based on key indicators including months of supply, sale-to-list price ratios, and average days on market.

What is the population and demographics of 73503?

Zip code 73503 has a population of approximately 11,528 residents. The median household income is $52,215 per year.0 This data is sourced from the U.S. Census Bureau and is updated annually.

How do I research neighborhoods in 73503?

Properties Incorporated provides comprehensive data for 73503 including median home prices, price history charts, days on market, active inventory, and Census Bureau demographics. To compare this area with other zip codes or cities, use our comparison tool. For mortgage planning, our mortgage calculator estimates monthly payments based on current prices and interest rates.

How often is the data for 73503 updated?

Market data on Properties Incorporated is updated regularly as new information becomes available. Redfin sales data is typically refreshed monthly, Zillow home value and rent estimates update monthly, and Census Bureau demographics are updated annually. Visit our data sources page to learn more about our data methodology and update schedules.

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