50 Penn West, Oklahoma City, OK
50 Penn West — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for 50 Penn West, Oklahoma City, Oklahoma. Explore the cited sources and local facts below while agent underwriting continues.
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50 Penn West Neighborhood Overview
50 Penn West is a residential neighborhood located in southwest Oklahoma City, Oklahoma. The area offers a suburban feel with convenient access to the broader city's amenities. It is characterized by a mix of housing types and a diverse community of residents.
Lifestyle & Amenities
The neighborhood provides a quiet, residential atmosphere suited for individuals and families. Residents enjoy proximity to local shopping centers, dining options, and essential services along major thoroughfares. Nearby parks and recreational facilities offer opportunities for outdoor activities and community engagement.
Real Estate Market
The real estate market in 50 Penn West is relatively affordable, with a median home value of $150,700 and a price per square foot of approximately $154. Homes tend to stay on the market for an average of 135 days, indicating a balanced pace. The homeownership rate is 42%, reflecting a significant portion of renters who pay a median monthly rent of $880.
Schools & Education
Families in 50 Penn West are served by the Oklahoma City Public Schools district. The area provides access to a range of public educational institutions from elementary through high school. Parents are encouraged to research specific school ratings and programs to find the best fit for their children.
Transportation & Connectivity
The neighborhood is well-connected by major roads, including State Highway 152 and Interstate 44, facilitating easy commutes across the metro area. Public transportation options are available through the local bus system. Its location offers straightforward access to downtown Oklahoma City, Tinker Air Force Base, and Will Rogers World Airport.
Why Choose 50 Penn West
50 Penn West presents an attractive option for those seeking affordable homeownership or renting in Oklahoma City. The combination of its quiet setting, functional amenities, and good transportation links provides a solid quality of life. With a median household income of $45,884, it represents a practical and accessible community for many budgets.
50 Penn West Market Data
| Metric | Value |
|---|---|
| Median Home Price | $151K |
| Median Gross Rent | $880/mo |
| Median Household Income | $46K |
| Homeownership Rate | 42.4% |
| Renter-Occupied | 57.6% |
| Rental Vacancy Rate | 8.0% |
| Market Type | Buyer's |
| Market Tier | Affordable |
| Primary ZIP Code | 73139 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 85,661 |
| VA Loan Originations | 9,482 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $261K |
| Conventional Loan Originations | 64,218 |
| FHA Loan Originations | 11,961 |
Top Real Estate Agents in 50 Penn West, Oklahoma City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for 50 Penn West, Oklahoma City, OK. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Oklahoma Real Estate Commission (OREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12