Broken Arrow Home Prices: $286K, Up 2.1% — 3 ZIPs Analyzed (2026)
$286K. That’s what a typical home costs in Broken Arrow, Oklahoma — and prices are still climbing. While much of the country saw flat or falling values over the past year, this Tulsa suburb posted a 2.1% gain through February 2026.
Quick answer: The average home price in Broken Arrow, OK is $285,765 as of February 2026, up 2.1% year over year according to Zillow.
Current Home Prices in Broken Arrow
Broken Arrow sits in the Tulsa metro area, and its housing market has been quietly steady. Here’s where things stand:
| Metric | Value |
|---|---|
| Median home price | $285,765 |
| Year-over-year change | +2.1% |
| Lowest ZIP median | $263,566 |
| Highest ZIP median | $298,598 |
| Number of ZIPs tracked | 3 |
| Data as of | February 2026 |
A 2.1% annual gain won’t make headlines. But context matters. Broken Arrow prices barely moved between March and August 2025 — the citywide median hovered around $279,800 for six straight months. Then values started ticking up in September, gaining about $1,000 per month through the fall and accelerating into early 2026.
The gap between the cheapest and most expensive ZIP code is about $35,000. That’s a tight range for a city of this size, meaning you won’t find dramatic neighborhood-to-neighborhood swings. Whether you’re looking in the north end or the south, you’re buying in a $264K–$299K band.
For Oklahoma, these prices run above average. Broken Arrow costs more than Tulsa proper and most cities outside the Oklahoma City metro. You’re paying a premium for the school district and suburban infrastructure.
Broken Arrow Home Prices by Neighborhood
All three tracked ZIP codes in Broken Arrow show prices under $300,000. Here’s the breakdown:
| ZIP Code | Median Home Value | Avg. Monthly Rent |
|---|---|---|
| 74012 | $263,566 | $1,632 |
| 74011 | $295,131 | $1,654 |
| 74014 | $298,598 | $1,758 |
Most Expensive
74014 tops the list at $298,598 — about 4.5% above the city median — and carries the highest rents at $1,758/month, reflecting newer construction on the south side of the city.
Most Affordable
74012 is the entry point at $263,566, roughly $22,000 below the city average. Rents here are also the lowest at $1,632/month, making it the most budget-friendly ZIP whether you rent or buy.
The middle option, 74011, sits at $295,131 with rents of $1,654. It’s close to 74014 in home values but $100/month cheaper in rent — a potential sweet spot for buyers weighing both costs.
Rent vs Buy in Broken Arrow
The average rent across Broken Arrow’s three ZIP codes is approximately $1,681 per month.
Now compare that to buying. On a $285,765 home with 20% down, you’re financing about $228,612. At a 7% mortgage rate over 30 years, principal and interest come to roughly $1,521 per month. Add property taxes (Oklahoma averages about 0.9%) and homeowner’s insurance, and your total monthly cost lands near $1,850.
| Cost | Monthly |
|---|---|
| Average rent | $1,681 |
| Estimated mortgage payment (P&I) | $1,521 |
| Est. taxes + insurance | $330 |
| Total homeownership cost | ~$1,850 |
Renting saves you about $170 per month in out-of-pocket costs. But that math ignores equity. Every mortgage payment builds ownership. At 2.1% annual appreciation, a $285,765 home gains roughly $6,000 in value per year.
The cheapest route: rent in 74012 at $1,632/month. The cheapest way to buy: also 74012, where the $263,566 median drops your mortgage payment by about $150 compared to the city average.
Population Growth and Migration
Broken Arrow added nearly 8,800 residents between 2020 and 2024. That’s a 7.7% growth rate — the fastest among major Oklahoma cities.
| Year | Population |
|---|---|
| 2020 | 113,955 |
| 2021 | 116,400 |
| 2022 | 118,199 |
| 2023 | 119,734 |
| 2024 | 122,756 |
Growth accelerated in 2024. The city added 3,022 residents in a single year, more than any previous year in the series.
Here’s how Broken Arrow compares to other Oklahoma cities:
| City | 2024 Population | 4-Year Growth |
|---|---|---|
| Broken Arrow | 122,756 | 7.7% |
| Edmond | 99,040 | 4.5% |
| Oklahoma City | 712,919 | 4.4% |
| Stillwater | 50,138 | 3.6% |
| Norman | 131,010 | 2.2% |
| Moore | 63,845 | 1.2% |
Broken Arrow is growing nearly twice as fast as Edmond and Oklahoma City. That kind of population pressure supports home values. More residents mean more demand for housing, and Broken Arrow’s 2.1% price gain tracks with its position as the state’s fastest-growing mid-size city.
Broken Arrow Housing Market Trends
The 12-month price history tells a clear story: flat first half, rising second half.
| Month | Avg. Home Value | Low ZIP | High ZIP |
|---|---|---|---|
| Mar 2025 | $279,854 | $258,339 | $291,642 |
| Apr 2025 | $279,833 | $258,139 | $292,271 |
| May 2025 | $279,821 | $258,017 | $292,671 |
| Jun 2025 | $279,830 | $257,757 | $293,175 |
| Jul 2025 | $279,784 | $257,603 | $293,186 |
| Aug 2025 | $279,997 | $257,796 | $293,385 |
| Sep 2025 | $280,558 | $258,425 | $293,798 |
| Oct 2025 | $281,505 | $259,401 | $294,502 |
| Nov 2025 | $282,768 | $260,655 | $295,492 |
| Dec 2025 | $284,256 | $262,133 | $296,737 |
| Jan 2026 | $285,294 | $263,144 | $297,832 |
| Feb 2026 | $285,765 | $263,566 | $298,598 |
From March through July 2025, prices were essentially frozen — the average moved less than $100 across five months. The turn came in August. Since then, the city has gained about $850 per month.
The spread between the cheapest and most expensive ZIP grew over the year. In March 2025, the gap was $33,303. By February 2026, it widened to $35,032. Higher-priced neighborhoods are appreciating slightly faster.
Is Broken Arrow a Good Place to Buy in 2026?
The numbers point to a stable market with slow, steady gains.
A 2.1% annual increase won’t outrun inflation, but it won’t wreck your equity either. This isn’t a boom market where you risk buying the top. It also isn’t a correction market where waiting might save you money.
For buyers, three factors matter. First, prices are under $300K in every ZIP code — well below national medians. Second, population is growing fast, which supports long-term demand. Third, rents are only $170/month less than owning, so the rent-vs-buy gap is narrow.
If you’re planning to stay five or more years, the math works. If you’re looking for a quick flip, the 2.1% appreciation rate won’t generate meaningful returns after transaction costs.
Broken Arrow Housing Market Outlook for 2026-2027
The six-month upward trend from September 2025 through February 2026 shows no signs of slowing. Prices gained about $5,200 over that stretch, or roughly $870 per month.
If the current pace continues through mid-2026, expect the citywide median to push past $290,000 by summer. The $300,000 threshold could come into view by late 2026, though the most affordable ZIP (74012) will likely remain well below that mark.
The 7.7% population growth rate adds structural support. More people means more housing demand, and Broken Arrow doesn’t have the aggressive building pipeline that some Sun Belt cities use to absorb growth. The 3-month trend suggests continued modest appreciation rather than a correction.
Similar Markets in OK
If you’re considering Broken Arrow, these Oklahoma cities offer different price points:
- Tulsa — Broken Arrow’s anchor city, typically priced below Broken Arrow with a wider range of neighborhoods.
- Edmond — Another fast-growing suburb (4.5% population growth) in the OKC metro, often compared to Broken Arrow for schools and amenities.
- Norman — University town south of OKC with a 2.2% growth rate, worth considering if you want a college-town feel.
- Oklahoma City — The state’s largest market with far more inventory and price diversity.
- Midwest City — A more affordable OKC suburb for buyers priced out of Edmond or Broken Arrow.
Frequently Asked Questions
What is the average home price in Broken Arrow?
The average home price in Broken Arrow is $285,765 as of February 2026. Across the city’s three tracked ZIP codes, values range from $263,566 in 74012 to $298,598 in 74014. Every ZIP remains under $300,000.
Are home prices going up or down in Broken Arrow?
Prices are going up. Broken Arrow home values increased 2.1% year over year through February 2026. The gains accelerated in the second half of 2025 after a flat period earlier in the year. Monthly values have risen for six consecutive months.
Is it cheaper to rent or buy in Broken Arrow?
Renting is cheaper on a pure monthly cost basis. Average rent across the city runs about $1,681/month, while a mortgage on a median-priced home costs approximately $1,850/month including taxes and insurance. The gap is about $170/month, though buying builds equity over time.
What is the most affordable neighborhood in Broken Arrow?
ZIP code 74012 is the most affordable area with a median home value of $263,566 — about $22,000 below the city average. It also has the lowest average rent at $1,632/month. This area offers the best entry point for both renters and buyers.
Methodology
Home values are based on the Zillow Home Value Index (ZHVI), a smoothed measure of typical home values in the 35th to 65th percentile range. Rent estimates use the Zillow Observed Rent Index (ZORI). Population figures come from the U.S. Census Bureau Population Estimates Program (2020-2024 vintage). All datasets are publicly available. Housing data updated 2026-02-28.