The story of this market
The typical home in Warr Acres, Oklahoma sells for about $233,000, or $164 per square foot.
Prices are up +19.5% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $919 a month.
Monthly price momentum
Home values since 2015
+1.7%
OK · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Warr Acres, Oklahoma
Warr Acres is experiencing a period of price appreciation and increased market activity, driven by its affordability relative to the broader Oklahoma City metro. While the city faces challenges typical of older, inner-ring suburbs, its central location and steady demand from first-time buyers support a positive outlook. Market conditions remain competitive, with low inventory levels contributing to upward pressure on home values.
No ARED county foreclosure postings attributed to Warr Acres yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 19.5% year over year.
Homes spend a median of 34 days on market with 2.2 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 19.0% — a stable, low-distress profile.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A central community park providing green space and recreational facilities for local residents.
A neighborhood park offering outdoor space and community gathering areas.
Warr Acres is well-suited for first-time homebuyers, families seeking affordable entry-level housing, and investors looking for stable rental demand. Its central location makes it a practical choice for commuters who prioritize proximity to Oklahoma City's employment centers over newer, more expensive suburban developments.
Public education is primarily served by Putnam City Schools, a large district that provides a range of academic and extracurricular programs. School quality varies by campus, and residents often evaluate specific attendance zones when considering property investments.
The city is served by a network of arterial roads that connect directly to major Oklahoma City highway corridors. Commuters rely primarily on personal vehicles, with transit options limited to regional bus services.
The city offers several local parks and community facilities that provide essential green space for residents. Its proximity to larger regional attractions in Oklahoma City ensures that residents have access to extensive shopping, dining, and entertainment venues within a short drive.
The rental market in Warr Acres is characterized by a significant renter-occupied share, reflecting its role as an affordable housing option within the metro. Vacancy rates have shown stability, and the market remains attractive to investors seeking steady cash flow from workforce housing.
The local economy is closely integrated with the broader Oklahoma City metropolitan area, with residents employed across diverse sectors including healthcare, retail, and government. The city serves as a residential base with a stable, workforce-oriented economic profile.
Warr Acres benefits from its central location within the Oklahoma City metro, providing easy access to major employment hubs and infrastructure. Development momentum is characterized by infill projects and the revitalization of existing commercial corridors rather than large-scale greenfield expansion.
Development activity is focused on the maintenance and modernization of existing residential and commercial infrastructure. There are no major large-scale master-planned developments currently reported within the city limits.
Parcels in Warr Acres are subject to standard school district and municipal levies, with no significant MUD or PID districts reported as primary drivers of the tax burden.
Warr Acres experiences crime rates typical of an inner-ring suburb within the Oklahoma City metropolitan area. Local law enforcement maintains a dedicated police department to manage public safety, with trends generally tracking regional urban patterns.
The city is located in the heart of Tornado Alley, necessitating robust building standards and awareness of severe weather protocols. Central Oklahoma is also prone to flash flooding and occasional winter ice storms, which influence local insurance premiums and property maintenance requirements.
Property insurance in the region is influenced by high-risk weather factors, including tornado and hail exposure. Premiums are generally consistent with the broader Oklahoma City metro area, reflecting the regional climate risk profile.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Oklahoma) — Ad Valorem Property Tax: Property is assessed at a ratio between 10% and 22.85% of fair cash value as determined by the county. Annual increases in assessed value for homestead and agricultural property are capped at 3% per year. Tax is calculated by applying the local millage rate to the assessed value.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from US Census Bureau QuickFacts and Census Reporter profiles.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.