Lake Aluma, OK housing market
The median sale price was $1,375,000 in May 2026.
Home values, sales, trends and how Lake Aluma compares with the towns next door — updated as new data is published.
Lake Aluma at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Home prices up 74% in 5 years
The federal house price index for the ZIP code around Lake Aluma rose 74% over the past 5 years, faster than across Oklahoma (46%). Last year prices rose 15%.
Show as a table
| Year | Change that year | Since 2000 | Oklahoma since 2000 |
|---|---|---|---|
| 2025 | +15% | +174% | +147% |
| 2024 | +1.5% | +139% | +140% |
| 2023 | +17% | +136% | +130% |
| 2022 | +5.6% | +102% | +115% |
| 2021 | +21% | +91% | +87% |
| 2020 | −5.7% | +58% | +69% |
| 2019 | +8.2% | +67% | +63% |
| 2018 | −4.3% | +55% | +57% |
| 2017 | +12% | +61% | +53% |
| 2016 | +6% | +44% | +48% |
| 2015 | −1.9% | +36% | +44% |
| 2014 | +5.1% | +39% | +39% |
| 2013 | +6.9% | +32% | +35% |
| 2012 | −8.6% | +23% | +33% |
| 2011 | +0.9% | +35% | +32% |
| 2010 | −1.8% | +34% | +34% |
| 2009 | −0.8% | +36% | +35% |
| 2008 | +3.9% | +37% | +35% |
| 2007 | +3.4% | +32% | +33% |
| 2006 | +4.9% | +28% | +27% |
| 2005 | +4.6% | +22% | +22% |
| 2004 | +8.5% | +17% | +16% |
| 2003 | −3% | +7.4% | +12% |
| 2002 | −1.2% | +11% | +8.5% |
| 2001 | +12% | +12% | +5% |
| 2000 | — | — | — |
Federal Housing Finance Agency House Price Index (annual, developmental) for ZIP code 73121, weighted by land area. It tracks repeat sales and appraisals of the same homes, so it shows how prices changed, not what homes cost.
1 new home permitted in 2025
Builders were permitted 1 new home in Lake Aluma in 2025. Over the past 10 years, Lake Aluma has permitted 2 homes in all.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 1 | 1 | 0 | $500,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 1 | 1 | 0 | $226,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 0 | 0 | 0 | — |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 0 | 0 | 0 | — |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 0 | 0 | 0 | — |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 0 | 0 | 0 | — |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
A two-bedroom rents for about $1,080
HUD's Fair Market Rent for a two-bedroom in Lake Aluma is $1,080 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $810 · 4 bedrooms $1,610
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (73121; Oklahoma City, OK HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.