Owasso, OK — Momentum Score, Home Values & Best-For

Tulsa County · Tulsa · population 42,821

Growing fast
Owasso, OK
Image: Wikipedia · Owasso, Oklahoma
View watchlist →
72
Rising
Momentum score · 0–100

Where Owasso stands

At or near all-time high. population growing 2.9% per year.

Median home $317,586
1-year +2.1%
5-yr CAGR +5.7%
vs 5-yr peak +0.0%
Population +2.9%/yr

Home value trajectory · last 10 years

Zillow ZHVI · monthly
peak 2026-04$318k$177k$228k$279k$330k201620182020202220242026

Lifestyle scores

🚶
Walkability
32/100
Very car-dependent
Estimated from population density. Higher = denser, more amenities within walking distance.
🚉
Public transit
22/100
Transit limited
Curated list of major US transit systems + population-based estimate. Higher = real subway/rail/bus options.
💻
Remote work fit
88/100
Excellent for remote work
Composite of city size, housing cost, state tax structure, and region's remote-work track record.

Scores are heuristic estimates from population density, state, and known transit/walkable cities. Not based on a paid Walk Score / Transit Score API — see methodology for the formula.

Rent trajectory · last 5 years

Zillow ZORI · monthly
$1,339/mo$1,017$1,222$1,428202220242026

Home value vs rent · indexed to 100

Both rebased at first month of ZORI data (~2015)
Home valueRent132124100120202220242026

Rent vs buy

Price-to-rent ratio: 19.8
Lean buy

At a 19.8 price-to-rent ratio, Owasso is in the 'depends on horizon' zone. Buy if you'll be there 5+ years and value flexibility on the home; rent if you might move, want zero maintenance friction, or expect rates to drop.

How the momentum score breaks down

methodology →
Home YoY
61 · w22%
Home 5-yr CAGR
68 · w22%
Distance from peak
90 · w18%
Population growth
89 · w16%
Rent YoY
54 · w12%
Home 10-yr CAGR
63 · w10%
Long thesis

Owasso has been growing population at 2.9% per year while home values compounded +5.7% annually. Demand-driven appreciation — the kind that persists as long as people keep showing up, which they currently are.

Short thesis

Owasso's bear case is the boring one: the cycle is real and any market that's run hard can stall. Watch for slowing population growth, rising days-on-market, or builder discounts as the early warning signals.

About Owasso

Owasso is a city in Tulsa County, Oklahoma, with an estimated population of 42,821. It anchors the Tulsa metro area. The population has grown 2.9% per year on average between 2020 and 2024 — among the faster-growing communities in the state. The median home value in Owasso is $317,586 as of 2026-04, up 2.1% over the last 12 months. Over the last five years, home values have averaged +5.7% annual growth, with prices at or near the 5-year peak. Rents in Owasso average $1,339 per month, roughly flat year-over-year (+1.4%). The composite momentum score is 72 of 100 (Rising). The market is healthy with prices supported by underlying demand.

Bull case

People are voting with their feet: population growing 2.9% per year since 2020 — that’s faster than ~80% of US cities.
Healthy 5-year run: +5.7% annualized over 5 years, outpacing US inflation.
Quiet strength: +2.1% over the trailing year — not a melt-up, but the market is bid.
Held the highs: currently +0.0% from the 5-year peak — this market refused to give back gains.

Bear case

Local nuance: city-level data smooths over neighborhood differences. School zones, HOA rules, and street-level character matter — visit before deciding.

About Owasso (Wikipedia)

Owasso is a city in Rogers and Tulsa Counties in the U.S. state of Oklahoma, and the largest northern suburb of Tulsa. The population was 39,328 persons as of the 2022 census estimate, compared to 28,915 at the 2010 census, a gain of 36 percent. Originally settled in 1881 in Indian Territory, the town was incorporated in 1904 just prior to Oklahoma statehood and was chartered as a city in 1972.

Source: Wikipedia · this summary is contributed and licensed under CC-BY-SA.

Playbook

Buyer

You're not in a frenzy but you're not getting bargains either. Make a competitive offer with normal inspection terms. Don't lowball — the listing will move with or without you.

Seller

Price at fair market value; expect movement in 30-45 days. Don't get clever with terms (rent-back, contingencies) — buyers in a Rising market have options.

Investor

Appreciation tailwind exists but cash flow requires discipline on price. Run the numbers conservatively and confirm rent comps before committing.

Local safety & alerts

No active National Weather Service alerts for Tulsa County right now.

Public-safety links are official .gov sources, not curated by us. Tulsa County routes NWS alerts; check the state EM portal for non-weather emergencies.

Cities like Owasso

Sources: Zillow ZHVI (home values), Zillow ZORI (rents), US Census ACS + place population. Updated when source agencies publish revisions.

Climate & natural-disaster risk

Winter (Jan)
50° / 28°
avg high / low
Summer (Jul)
93° / 70°
avg high / low
Sunny days/yr
234
~64% of year
Annual precip
36″ rain
7″ snow
Disaster risk (1=very low, 5=very high)
Hurricane
Very low
Tornado
Very high
Wildfire
Moderate
Earthquake
High
Flood
Moderate

State-level averages from NOAA Climate Normals (1991-2020) and FEMA National Risk Index. City-level conditions can vary significantly within a state.

Current weather

Loading current conditions…

7-day forecast on weather.gov →

Find rentals & listings

Open current Owasso listings on the major real-estate sites.

Links open the live search on the destination site — results are always current.

Local news & community

Updated 2026-05-21 from Google News + Reddit RSS. Headlines link to original sources.

Local sports teams

Major professional teams the Tulsa area cheers for. Detailed stats, schedules, and player pages on intherafters.com.