Mustang, OK housing market
The typical Mustang home is worth about $279,000, up 1.3% in a year, 25% above the Oklahoma typical home. Homes typically sell in 22 days, close to asking.
Home values, sales, trends and how Mustang compares with the towns next door — updated as new data is published.
Mustang at a glance
A seller's market
Supply is tight — about 3 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Mustang | Oklahoma |
|---|---|---|
| 2017 | $170,000 | $130,000 |
| 2018 | $175,000 | $134,000 |
| 2019 | $182,000 | $139,000 |
| 2020 | $189,000 | $148,000 |
| 2021 | $206,000 | $163,000 |
| 2022 | $231,000 | $185,000 |
| 2023 | $257,000 | $203,000 |
| 2024 | $267,000 | $210,000 |
| 2025 | $275,000 | $217,000 |
| 2026 | $279,000 | $221,000 |
| August 2026 | $279,000 | $223,000 |
124 new homes permitted in 2025
Builders were permitted 124 new homes in Mustang in 2025: 100 single-family houses and 24 in buildings with two or more homes, worth about $29.3 million to build. That's 5.6 per 1,000 residents, about the pace of Oklahoma as a whole. Over the past 10 years, Mustang has permitted 1,360 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Mustang gained 2,484 residents while 1,046 new homes were permitted: about 2.4 new residents per new home. Building and growth moved roughly in step. Across Oklahoma: 1.8 new residents per new home.
How Mustang ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 97 | 54 | 43 | $16 million |
| 2025 | 124 | 100 | 24 | $29.3 million |
| 2024 | 64 | 54 | 10 | $17.6 million |
| 2023 | 51 | 51 | 0 | $11.5 million |
| 2022 | 152 | 152 | 0 | $31.9 million |
| 2021 | 199 | 199 | 0 | $41.1 million |
| 2020 | 160 | 160 | 0 | $33.6 million |
| 2019 | 225 | 198 | 27 | $42.4 million |
| 2018 | 210 | 190 | 20 | $41 million |
| 2017 | 107 | 95 | 12 | $21.5 million |
| 2016 | 68 | 68 | 0 | $15.6 million |
| 2015 | 98 | 68 | 30 | $24.4 million |
| 2014 | 87 | 87 | 0 | $25.9 million |
| 2013 | 97 | 97 | 0 | $22.6 million |
| 2012 | 57 | 57 | 0 | $14.7 million |
| 2011 | 47 | 47 | 0 | $10 million |
| 2010 | 50 | 50 | 0 | $9.8 million |
| 2009 | 64 | 60 | 4 | $10.5 million |
| 2008 | 142 | 142 | 0 | $25 million |
| 2007 | 197 | 197 | 0 | $32.1 million |
| 2006 | 349 | 297 | 52 | $52.6 million |
| 2005 | 236 | 236 | 0 | $31.9 million |
| 2004 | 253 | 237 | 16 | $32 million |
| 2003 | 220 | 209 | 11 | $29 million |
| 2002 | 257 | 159 | 98 | $24.3 million |
| 2001 | 192 | 188 | 4 | $24 million |
| 2000 | 133 | 129 | 4 | $15.2 million |
How Mustang ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
3.2 years of income
The typical Mustang home costs about 3.2 years of the town's median household income, about the same as across Oklahoma (3.4).
How Mustang ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,460
HUD's Fair Market Rent for a two-bedroom in Mustang is $1,460 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Mustang pay a median of $1,287, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $1,100 · 4 bedrooms $2,180
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (73064; 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.
Recent listings in Mustang
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.