Midwest City’s real estate picture combines a $164,500 median owner-occupied home value, a 58.1% owner-occupied housing rate and a July 1, 2025 population estimate of 58,799. The available figures also show how residential and commercial construction, citywide taxable-property values and household characteristics changed across their stated periods.
Contents
- Housing costs, tenure and households
- Population and demographic context
- Residential construction activity
- Commercial construction activity
- Property assessment and taxable value
- Overall construction and city geography
Housing costs, tenure and households
The U.S. Census Bureau’s QuickFacts profile for Midwest City reports that 58.1% of housing units were owner-occupied during 2020–2024. The same profile puts the median value of owner-occupied housing units at $164,500 for that period. These are Census measures for Midwest City city, Oklahoma, rather than current listing prices or a forecast of sale prices. U.S. Census Bureau QuickFacts: Midwest City city, Oklahoma
Monthly housing costs varied substantially by mortgage status. For homeowners with a mortgage, median monthly owner costs were $1,360 in 2020–2024. For homeowners without a mortgage, the median was $501 per month. The two figures describe different owner groups and should not be treated as a single market-wide payment estimate. U.S. Census Bureau QuickFacts: Midwest City city, Oklahoma
The Census Bureau reported median gross rent of $1,091 in 2020–2024. Midwest City had 24,888 households during the same period, with an average of 2.32 persons per household. Together, these figures provide context for both rental demand and the scale of typical household occupancy, while leaving out any claim about individual neighborhood rents or home prices.
Household connectivity was also measured in the QuickFacts profile. In 2020–2024, 94.7% of Midwest City households had a computer and 91.5% had a broadband Internet subscription. Residential real estate activity therefore sits within a household market where most reported households had both a computer and home broadband during the measurement period.
Residential stability was measured separately: 84.5% of residents age 1 and over lived in the same house one year earlier in 2020–2024. That percentage describes one-year residence continuity, not the share of residents who own their homes or the average length of homeownership.
Population and demographic context
Midwest City’s population estimate was 58,799 on July 1, 2025, according to the Census Bureau. The Census Bureau’s April 1, 2020 estimates base was 58,405 people, while the 2020 Census counted 58,409 people. Because the estimates base and decennial Census count are different measures, they are best kept distinct when reading the local population series.
The QuickFacts profile reports a 0.7% population increase from the April 1, 2020 estimates base to the July 1, 2025 estimate. The 2010 Census counted 54,371 people in Midwest City, compared with 58,409 in the 2020 Census. These dates describe population change across a citywide geography; they do not identify which neighborhoods gained or lost residents.
The age distribution reported for 2020–2024 included 5.1% of residents under age 5, 25.6% under age 18 and 17.4% age 65 or over. Female residents represented 53.2% of the population in the same period. These demographic measures can help readers understand the household context around housing demand, but they do not by themselves predict future transactions, rents or construction.
The QuickFacts poverty measure placed 16.5% of Midwest City residents below the poverty line. This statistic is reported here as a Census socioeconomic measure for the stated period, not as a measure of housing affordability, mortgage delinquency or neighborhood-level financial conditions.
Residential construction activity
The City of Midwest City’s annual financial report records residential construction units and their reported values by fiscal year. The series shows uneven activity rather than a steady annual pattern.
| Fiscal year | Residential units | Reported value |
|---|---|---|
| 2013–14 | 69 | $11,878,466 |
| 2014–15 | 103 | $16,365,722 |
| 2015–16 | 126 | $23,727,017 |
| 2016–17 | 94 | $14,092,784 |
| 2017–18 | 19 | $28,127,450 |
| 2018–19 | 160 | $23,481,840 |
| 2019–20 | 133 | $22,503,689 |
| 2020–21 | 96 | $16,435,218 |
| 2021–22 | 88 | $20,621,218 |
| 2022–23 | 135 | $27,537,295 |
The highest unit count in this reported residential series was 160 units in fiscal 2018–19. The lowest was 19 units in fiscal 2017–18, when the reported residential construction value was $28,127,450. That pairing is a reminder that unit counts and reported construction values describe different dimensions of activity and should not be used interchangeably.
In the latest fiscal year shown, 2022–23, Midwest City issued permits for 135 residential units valued at $27,537,295. Earlier, the city reported 88 units valued at $20,621,218 in 2021–22 and 96 units valued at $16,435,218 in 2020–21. The fiscal-year series is from the City of Midwest City’s annual financial report for the year ended June 30, 2023. City of Midwest City, Oklahoma Annual Financial Report for the Year Ended June 30, 2023
Commercial construction activity
The same City of Midwest City report separates commercial construction from residential activity. Commercial construction ranged from 8 reported units valued at $6,398,000 in fiscal 2013–14 to 195 units valued at $26,137,283 in fiscal 2017–18.
| Fiscal year | Commercial units | Reported value |
|---|---|---|
| 2013–14 | 8 | $6,398,000 |
| 2014–15 | 15 | $6,748,210 |
| 2015–16 | 26 | $69,362,500 |
| 2016–17 | 14 | $22,360,831 |
| 2017–18 | 195 | $26,137,283 |
| 2018–19 | 32 | $48,395,772 |
| 2019–20 | 17 | $10,777,000 |
| 2020–21 | 10 | $6,725,000 |
| 2021–22 | 14 | $8,755,000 |
| 2022–23 | 23 | $22,879,000 |
The largest reported commercial construction value was $69,362,500 in fiscal 2015–16, despite 26 commercial units. The largest reported unit count was 195 in fiscal 2017–18, with a value of $26,137,283. As with the residential figures, the report’s “units” and dollar values should be read as separate indicators of reported construction activity.
Commercial construction in the latest three fiscal years shown was reported at 10 units and $6,725,000 in 2020–21, 14 units and $8,755,000 in 2021–22, and 23 units and $22,879,000 in 2022–23. These figures describe the city’s fiscal-year reporting and are not a forecast of future commercial development.
Property assessment and taxable value
The City of Midwest City report also gives three property-value measures for 2020 through 2023: real-property assessed value, total assessed value of taxable property and estimated actual taxable-property value. The measures are not interchangeable. Assessed values and estimated actual values should be kept labeled as reported.
| Year | Real-property assessed value | Total assessed value of taxable property | Estimated actual taxable-property value |
|---|---|---|---|
| 2020 | $328,772,814 | $361,418,461 | $3,285,622,373 |
| 2021 | $344,062,828 | $376,844,043 | $3,425,854,936 |
| 2022 | $364,726,522 | $398,116,367 | $3,619,239,700 |
| 2023 | $390,308,775 | $421,333,455 | $3,830,304,136 |
Real-property assessed value was reported at $328,772,814 in 2020 and $390,308,775 in 2023. Total assessed value of taxable property moved from $361,418,461 in 2020 to $421,333,455 in 2023. Estimated actual taxable-property value was $3,285,622,373 in 2020 and $3,830,304,136 in 2023.
The intermediate annual figures show the same reported upward sequence: $344,062,828 in real-property assessed value and $376,844,043 in total assessed value in 2021; $364,726,522 and $398,116,367, respectively, in 2022. Estimated actual taxable-property value was $3,425,854,936 in 2021 and $3,619,239,700 in 2022. These are citywide property-reporting measures from the annual financial report, not individual appraisals or listing valuations. City of Midwest City, Oklahoma Annual Financial Report for the Year Ended June 30, 2023
Overall construction and city geography
Total construction value in the city’s fiscal-year series combined the reported residential and commercial construction categories. It was $18,276,466 in fiscal 2013–14, $23,113,932 in 2014–15 and $93,089,517 in 2015–16. The report then recorded $36,453,615 in 2016–17, $54,264,733 in 2017–18 and $71,877,612 in 2018–19.
The later fiscal-year totals were $33,280,689 in 2019–20, $23,160,218 in 2020–21, $29,376,218 in 2021–22 and $50,416,295 in 2022–23. The 2020–21 total is reported alongside commercial construction of 10 units valued at $6,725,000 and residential construction of 96 units valued at $16,435,218.
Taken together, the figures show a city with a 58,799 population estimate as of July 1, 2025, a majority owner-occupied housing rate measured at 58.1% for 2020–2024, and construction activity that varied sharply by fiscal year. The property assessment series covers 2020–2023, while the Census housing and demographic measures cover 2020–2024 unless another period is stated. Those different measurement windows matter when comparing Midwest City real estate statistics.