HousingHandbookReference data

U.S. ZIP Code · OK74120

Tulsa County · Tulsa, OK

Typical home value

$287,871[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.6%
5-year / yr
+3.8%
10-year / yr
+6.7%

Relative price

vs U.S.
+1.3%
vs metro
+29.0%
vs state
+57.7%
ZIP 74120 location in OK
Location of ZIP 74120 in OK

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 74120 is worth $287,871 — 29.0% above the Tulsa, OK median. Over the past year, values have risen 1.6%. Homes here rent for a typical $1,247 a month — a 5.2% gross rental yield. The effective property tax rate is 1.2%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,247[2]
Gross yield
5.2%[2]
Cap rate
3.1%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.2%[3]
Typical annual tax
$3,434[3]

#Climate risk

FEMA National Risk Index ratings for Tulsa County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Relatively Moderate
Heat wave
Relatively High
Hurricane
Very Low
Tornado
Very High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
5,195[3]
Median household income
$68,255[3]

#Migration

Household moves in and out of Tulsa County over a year, from IRS tax-return data.

Net migration
+379[5]
Moved in
15,707
Moved out
15,328

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
2
Middle
0
High
0
  • DEBORAH BROWN COMMUNITY SCHOOL

    Elementary · Grades PK–3 · DEBORAH BROWN CHARTER

    207 students

  • SANKOFA MIDDLE SCHOOL

    Elementary · Grades 3–5 · SANKOFA CHARTER

    86 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield5.2%
Net yield (after ~40% expenses)3.1%
Annual rent$14,964

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,456
Loan principal$230,297
Down payment$57,574
Total interest paid$293,731

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.59
Monthly cost to own$1,981
Monthly rent$1,247

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
7th percentile[1]
Rental yield
15th percentile[2]
Property tax
100th percentile[3]

Frequently asked

How much is a home worth in ZIP code 74120?
The typical home in 74120 is worth $287,871, based on the Zillow Home Value Index.
Are home values rising in 74120?
Home values in 74120 are up 1.6% over the past year, and up 3.8% a year over five years.
What is the typical rent in 74120?
A typical home in 74120 rents for about $1,247 a month, a gross rental yield of 5.2%.
What is the property tax rate in 74120?
The effective property tax rate in 74120 is 1.2% — roughly $3,434 a year on a typical home.
Who lives in 74120?
ZIP code 74120 has a population of 5,195 and a median household income of $68,255.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Justice CDP, OK

    Typical home
    $285,219
    Gross yield
    6.5%
  • Oologah, OK

    Typical home
    $292,392
    Gross yield
  • Collinsville, OK

    Typical home
    $283,347
    Gross yield
    7.3%
  • Tulsa, OK

    Typical home
    $296,495
    Gross yield
    6.0%
  • Sapulpa, OK

    Typical home
    $277,839
    Gross yield
  • Tulsa, OK

    Typical home
    $277,827
    Gross yield
    6.6%

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