Market Overview
West Tulsa is the most affordable zip in this dataset and offers the second-highest cap rates in the metro. The area is industrial-adjacent with manufacturing, refining, and logistics operations nearby. Housing is older (pre-1970s) and many properties need renovation. Tenant demand is steady from workers at nearby industrial employers. This is not a neighborhood for appreciation plays or lifestyle buyers. It is a cash flow market for investors who can manage the properties effectively and have good contractor relationships.
Schools
Tulsa Public Schools (Webster and Clinton feeder areas). Private and charter options are limited in this part of the city.
Area Features
Lowest entry point in metro, highest rental yields, industrial employment nearby, Turkey Mountain Urban Wilderness Area for recreation, Arkansas River access
Key Metrics
- Median sale price: $148,000 (+2.2% year-over-year)
- Average price per square foot: $95
- Median days on market: 40 days
- Months of inventory: 4.5
- Average 3-bedroom rent: $1,125/month
- Gross cap rate (investors): 9.1%
Nearby Zip Codes
Related Reports
Data sourced from public MLS records and Tulsa County Assessor. Updated monthly.