Musgrave, Oklahoma City, OK
Musgrave — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Musgrave, Oklahoma City, Oklahoma. Explore the cited sources and local facts below while agent underwriting continues.
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Musgrave Neighborhood Overview
Musgrave is a residential neighborhood located in the southwest quadrant of Oklahoma City, Oklahoma. Characterized by its quiet streets and established community feel, it offers residents a suburban atmosphere within the city limits. The area provides a balanced lifestyle with convenient access to urban amenities.
Lifestyle & Amenities
Residents enjoy a practical lifestyle with essential shopping and dining options located nearby along major thoroughfares. The neighborhood's parks and green spaces provide areas for recreation and relaxation. Its location offers convenient proximity to larger retail centers and services in southwest Oklahoma City.
Real Estate Market
The Musgrave real estate market features affordable homeownership, with a median home value of $150,700 and a price per square foot around $128. Homes typically sell after about 35 days on the market, indicating steady demand. With a homeownership rate of 42%, the neighborhood has a mix of owners and renters, where median rent is approximately $880 per month.
Schools & Education
Families in Musgrave are served by the Oklahoma City Public Schools district. The area provides access to local public schools for students of various grade levels. Parents are encouraged to research current school ratings and specific program offerings directly through the district.
Transportation & Connectivity
Musgrave is well-connected by major roads like I-44 and SW 29th Street, facilitating easy commutes across the metro. The neighborhood primarily relies on personal vehicle transportation for daily needs. Its southwestern location offers straightforward routes to downtown Oklahoma City, Tinker Air Force Base, and Will Rogers World Airport.
Why Choose Musgrave
Musgrave appeals to homebuyers and renters seeking an affordable, no-frills entry into the Oklahoma City housing market. Its below-average home prices and rent, combined with a median household income of $45,884, make it a financially accessible community. The neighborhood is ideal for those who value a quiet residential setting with the convenience of nearby city amenities and major transportation routes.
Musgrave 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 Musgrave, Oklahoma City
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Musgrave, 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