Del City, Oklahoma Housing Market Prices
Del City Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 24% below the Oklahoma median$101,341
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Median rent 4% above the Oklahoma median$1,057
Housing Market Overview
| Metric | Del City | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $101,341 | $133,462 | $248,835 |
| Price Trend (Annual %) | 12.2% | 5.4% | 7.5% |
| Median Gross Rent | $1,057 | $1,014 | $1,407 |
| Rent Trend (Annual %) | 3.4% | 4.0% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Del City is about 24% lower than in Oklahoma. Rent is about 4% higher than the Oklahoma average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Del City, up about 12.2% and 3.4% a year respectively. Home prices are changing faster.
Median rent in Del City rose about 31.0% between 2015 and 2024, from $807 to $1,057. Over the same span, rent in Oklahoma rose about 39.6%.
Affordability
On average, housing unit costs 2.1 yearly household incomes in Del City.
Buying the median-priced home in Del City costs roughly 8.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Del City. The price-to-rent ratio in Oklahoma is about 11.0.
| Metric | Del City | Oklahoma Avg | US Average |
|---|---|---|---|
| Median Home Price | $101,341 | $133,462 | $248,835 |
| Median Household Income | $47,661 | $65,606 | $80,455 |
| Price-to-Income Ratio | 2.1 | 2.0 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Del City rose about 56.7%, while median household income rose about 17.7% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Del City | Oklahoma Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.6% | 57.9% | 58.5% |
| Rental Rate | 40.4% | 30.1% | 31.2% |
| Vacancy Rate | 9.0% | 12.0% | 10.2% |
| Median Tenure (years) | 12.0 | 14.0 | 15.0 |
| Median Year Moved In | 2014 | 2012 | 2011 |
Del City has a homeownership rate of 50.6%, lower than the Oklahoma average of 57.9%. Its housing vacancy rate is 9.0%, compared with 12.0% in Oklahoma.
Housing Stock
| Metric | Del City | Oklahoma Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.40 people | 2.50 people | 2.53 people |
| Median Structure Built Year | 1969 | 1981 | 1978 |
| Median Number of Rooms | 5.3 | 5.5 | 5.5 |
The typical housing unit in Del City was built around 1969. On average, 2.4 people live in a home with about 5.3 rooms, staying for about 12.0 years on average.
Del City, OK Housing Compared With Nearby Cities
How Del City, OK compares with the 1 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Del City, OK | 20,238 | $101,341 #2/2 | $1,057 #2/2 | 55.6% #2/2 |
| Oklahoma City, OK | 704,597 | $201,473 | $1,129 | 58.8% |
Frequently Asked Questions
Common questions about the housing market in Del City, Oklahoma.
What is the median home price in Del City, Oklahoma?
The median home price in Del City, Oklahoma is $101,341, lower than the Oklahoma average of $133,462.
What is the average home price in Del City, Oklahoma?
The typical home price in Del City, Oklahoma, reported as the median sale price, is $101,341. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Del City, Oklahoma?
The median gross rent in Del City, Oklahoma is $1,057 per month, higher than the Oklahoma average of $1,014.
What was the median gross rent in Del City in 2020?
In 2020, the median gross rent in Del City, Oklahoma was $847 per month.
What is the price-to-rent ratio in Del City, Oklahoma?
The price-to-rent ratio in Del City, Oklahoma is about 8.0, meaning it would take roughly 8.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Del City.
Are home prices or rent rising faster in Del City, Oklahoma?
Both home prices and rent are rising in Del City, up about 12.2% and 3.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in Del City, Oklahoma?
50.6% of households in Del City, Oklahoma own their home, lower than the Oklahoma average of 57.9%.
What is the vacancy rate in Del City, Oklahoma?
The housing vacancy rate in Del City, Oklahoma is 9.0%, lower than the Oklahoma average of 12.0%.
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