ZIP Code Market Report
74120 — Tulsa, OK
Data through February 2026 · Updated monthly
Avg Home Value
$271,642
▲ 1.1% year-over-year
Month-over-Month
+0.0%
▲ 0.0%
Single Family
$284,685
Condo / Co-op
--
The average home value in the 74120 ZIP code (Tulsa, OKLAHOMA) is $271,642 as of February 2026. Home prices are rising, up 1.1% compared to last year.
A 3-bedroom home in 74120 is valued at $414,461.
The market in 74120 has a $413,705 spread between bottom-tier homes at $123,635 and top-tier homes at $537,341. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 74120 ZIP code will increase 0.5% over the next 12 months, bringing the projected average to approximately $273,000. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Okmulgee County market area in OKLAHOMA. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Okmulgee County report.
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Market Snapshot
74120 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $274,535 | $271,523 | $271,642 | ▼ 1.1% |
| Single Family Value | $284,219 | $283,852 | $284,685 | ▲ 0.2% |
Home Values
74120 Home Value Trend
Historical home values for ZIP code 74120. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 74120
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 2 Bedrooms | $220,715 |
| 3 Bedrooms | $414,461 |
| 4 Bedrooms | $606,380 |
Property Types
Home Values by Property Type in 74120
How different property types compare in this ZIP code.
All Homes
$271,642
Single Family
$284,685
Bottom Tier
$123,635
Top Tier
$537,341
Forecast
12-Month Home Value Forecast for 74120
Zillow projects home values in 74120 will increase 0.5% over the next year, reaching approximately $273,000.
Current Value
$271,642
Projected Change
+0.5%
▲ 0.5%
Projected Value
$273,000
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 74120 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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