HomeReal EstateMoore, OK

Moore, OK

โš–๏ธ Balanced Market
Median Price
$218,106
โ†— 1.7% YoY
Median Rent
$773/mo
Cap: 4.3%
P/R Ratio
20.9x
Nat'l: 18x
Days on Market
34
days avg
Ocity Verdict
โŒ RENT

๐Ÿ“Š Fundamental Scores

Risk Grade: A
50
Affordability
50
Investor Yield
65
Market Temp
54
Boomtown Score

๐ŸŽฏ The Bottom Line

Moore, OK shows balanced market with moderate growth and stable rents. Rent verdict recommended for risk-averse investors seeking steady returns.

๐Ÿ“ˆ Price History

Zillow Home Value Index (ZHVI) ยท Updated monthly
$218K$202K
Mar 23Aug 24Jan 26
Current
$218K
3Y Change
+7.9%
3Y Peak
$218K

๐Ÿ“Š Market Activity

Source: Redfin ยท 2026-01-31
Sale-to-List
99.8%
Room to negotiate
Price Drops
23%
Firm pricing
Months of Supply
3.0
Balanced
Gone in 2 Weeks
29%
Time to decide
Homes Sold
60
New Listings
89
Active Inventory
181
Pending Sales
68

๐Ÿ“ˆ Market Analysis

Market Cycle

Moore is in a late expansion phase with 1.7% YoY price growth and 34 DOM, indicating stable but not overheated demand. The 99.8% sale-to-list ratio shows sellers hold pricing power, yet 23.2% price drops reveal buyer pushback. Inventory of 181 homes with 3.0 months of supply sits in a balanced range, avoiding extreme seller or buyer leverage.

Supply & Demand

Demand remains steady with 60 sold and 89 new listings, creating a healthy turnover. Off-market activity at 29.4% within two weeks suggests pockets of quick absorption, but overall supply is adequate. The P/R 20.9x indicates prices are aligned with rent fundamentals, limiting speculative froth.

Pricing Power

Sellers retain slight edge with near-asking closings, yet price drops and 34 DOM signal buyers can negotiate. Affordability score of 50 and Investor score of 50 reflect neutral conditions; pricing power is moderate, not aggressive.

Moore, OK Housing Market Forecast 2026โ€“2028

๐Ÿ”ฎ Moore Price Forecast 2026โ€“2028

Based on 5-year Zillow ZHVI trend analysis ยท Statistical projection
๐Ÿ“ˆ Upward Trend
PROJECTEDNOW$218K2027$235Kโ–ฒ 7.9%2028$245Kโ–ฒ 12.5%20232024Now
$258K$192K
Current
$218K
2026
Projected
$235K
โ†‘ 7.9% by 2027
Projected
$245K
โ†‘ 12.5% by 2028
5yr CAGR:+5.8%
Confidence:High
Rยฒ:0.87
โ–ผ

Moore, OK Housing Market Forecast 2026โ€“2028

Based on our Moore housing market forecast through 2028, the outlook is one of cautious stability rather than explosive growth. The current median home price of $218,106 and a modest YoY price change of 1.7% suggest a market that is normalizing after a period of significant appreciation, evidenced by a 5-year price change of 34.0%. With a Price-to-Rent ratio of 20.9x, which sits above the national average, the data leans toward renting as the more financially prudent short-term decision. For potential buyers asking "will Moore home prices drop," the answer is likely not dramatically, but the days of rapid gains are cooling. The market temperature of 65/100 and a strong Risk Grade of A indicate a stable environment, but one where affordability is becoming a more pressing local concern for residents.

Looking ahead to Moore real estate Moore 2027, several local factors will shape the trajectory. Continued population growth from the greater Oklahoma City metro area will provide a steady demand floor, but affordability challenges may temper price acceleration. The relatively low median rent of $773/mo compared to ownership costs creates a significant barrier for first-time homebuyers, potentially keeping more people in the rental pool and supporting that segment of the market. With homes spending an average of 34 days on the market, sellers still have reasonable liquidity, but buyers are gaining leverage. The 5-year CAGR of 5.9% is a healthier long-term indicator than the recent 1.7% figure suggests, pointing toward a sustainable, albeit slower, appreciation path. Overall, Moore is positioned for steady, incremental growth rather than a correction, making it a reliable, low-volatility market for long-term holders.

Disclaimer: This forecast is a statistical projection based on historical price trends and should not be considered financial advice. Actual market outcomes may vary due to economic conditions, interest rates, local regulations, and other factors.

๐Ÿ  Rent vs Buy Analysis

Monthly Costs

At $218,106 purchase price and $773/mo rent, the P/R 20.9x favors renting short-term. Estimated ownership costs (taxes, insurance, maintenance) likely exceed rent, making renting cheaper monthly. The 99.8% sale-to-list suggests minimal buyer concessions.

5-Year View

With 1.7% YoY appreciation, prices may reach ~$237k in five years. Rent growth could mirror inflation, keeping rent advantage modest. Investor score 50 implies stable but not high returns.

When to Rent

  • High mobility needs with 34 DOM market fluidity
  • Seeking lower monthly outlay vs ownership costs
  • Waiting for clearer appreciation signals

When to Buy

  • Long-term hold to capture 1.7% steady gains
  • House hacking to offset costs with rental income
  • Confidence in local job stability and demand

๐Ÿงฎ Can You Afford Moore? Interactive Calculator

Income Reality Check

Can you actually afford Moore?

$
20% ($43,621)
6.5%
Monthly Gross Income$6,667
Principal & Interest$1,103
Property Tax (0.9% OK)$164
Insurance$73
Total PITI$1,339
Cost Burden: 20.1% of Income

Great! At 20.1%, this mortgage falls within healthy financial limits. You have strong purchasing power in Moore.

๐Ÿ’ฐ Investment Thesis

Cash Flow

With rent at $773/mo and purchase price $218,106, gross yield is ~4.3%. After expenses, net cash flow may be neutral to slightly positive if financed well. The P/R 20.9x suggests moderate cap rate potential.

House Hacking

House hacking can improve returns by offsetting mortgage with roommate or ADU rental. Given 3.0 months supply, finding tenants is feasible. Risk score A supports stable occupancy.

Target Investor

Ideal for buy-and-hold investors seeking low-risk exposure with 1.7% appreciation and steady rent. Avoid speculative flips; focus on long-term stability and cash flow optimization.

๐Ÿฆ For Investors
See Full Investment Analysis โ€” ROI Projections, Cap Rate, Cash Flow โ†’
โ†’

๐Ÿ˜๏ธ House Hacking Calculator Interactive Calculator

House Hacking CalculatorOwner-Occupied Multi-Fam

$
%
$
%
%
Net Monthly Cash Flow
-$476/mo
Cost to live (better than renting?)
Cash on Cash
-32.7%
Total PITI (Mortgage)
-$1,798
Gross Rent (2 units)
+$1,546
Vacancy & Expenses
-$224
Total Capital Needed$17,448

๐Ÿ—บ๏ธ Neighborhood Breakdown

Entry-Level

Entry-level homes near $218k dominate with 34 DOM and 99.8% sale-to-list. Affordability score 50 makes them accessible; rent $773/mo supports steady demand. Supply at 3.0 months keeps competition balanced.

Mid-Range

Mid-range properties see 23.2% price drops and 29.4% off-market activity, indicating selective buyer interest. Appreciation 1.7% and 60 sold units show stable growth. Investor score 50 suits moderate risk profiles.

Premium

Premium segment benefits from 89 new listings and 181 inventory, offering options. However, price drops and 34 DOM suggest softer demand. Boomtown score 54 hints at emerging potential but not rapid growth.

โš ๏ธ Risk Factors

Price Volatility
23.2% price drops indicate buyer resistance and potential short-term price softness.
Demand Saturation
3.0 months supply and 34 DOM show balanced but not accelerating demand, limiting rapid appreciation.