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Martin Luther King

Martin Luther King

$102,411 Average Value
$199 Average Price per Sq Ft
0 Homes For Sale

Civil rights leader Martin Luther King Jr. once advised: “If you can’t be a sun, be a star. For it isn’t by size that you win or fail. Be the best of whatever you are.” In northeast Oklahoma City, overlooking the state capitol less than 4 miles from the center of the city’s urban core, this neighborhood is living up to its namesake’s wise words. Both Jenna Laird and Char Hiaring, OKC Realtors, agree that Martin Luther King Jr., the community, is working hard to become the best version of itself. Laird, with Verity Real Estate, notes that she’s looking forward to seeing where the neighborhood ends up. She explains: “It’s an area that’s in the process of being revitalized and re-envisioned. It’s just in the beginning stages right now, but we’re already seeing some really fun design ideas in these houses.” Hiaring, with Real Broker, adds: “It’s really up and coming. Within a mile, there’s a ton of new development, from new multi-family housing to new single-family houses to multi-million-dollar properties to commercial development, the whole area is really getting worked on.”

Martin Luther King Jr.’s original homes were built in the 1910s and ‘20s. Many are still standing today, more than 100 years later. Between the early 20th-century Craftsman and Minimal Traditional cottages, you’ll also find late-midcentury ranch-style bungalows and brand-new construction. Laird observes that, unlike some communities in which original homes have been torn down to make way for new builds, the 2020s construction here does “fit within the character of the neighborhood.” She notes: “The new houses are slightly, but not too terribly much bigger, than the original houses here,” which she says goes a long way in creating cohesion that might otherwise have been lost.

For a three-bedroom, two-bathroom Minimal Traditional-style home built in 1925 and extensively remodeled with new flooring throughout and new fixtures and finishes in the kitchen and bathrooms, you can expect to pay close to $190,000. But Laird explains that homes with fewer updates tend to sell for slightly less. “The original houses that have not been updated or remodeled are selling for between about $70,000 and $125,000,” she says. Hiaring confirms that Martin Luther King Jr., as well as OKC in general, is very competitively priced at the moment. He notes: “OKC is very affordable when compared to the national average, it’s probably one of the last cities in the country with housing in this price range. It’s hard to find homes for less than $100,000 elsewhere.” And in this neighborhood, in particular, he says: “You’re by a ton of new developments, you’re by the state capitol and you’re by a ton of historic properties. It’s a great area with a hot housing market and in the next five to 10 years, it’s going to be totally different. It’s a great investment opportunity.”

Students in Martin Luther King Jr. are served by schools in the Oklahoma City Public Schools system. Youngsters between preschool and fifth grade go to Thelma R. Parks Elementary, tweens between sixth and eighth grade go to F.D. Moon Middle and older students finish their grade school careers at Douglass High. All three schools are conveniently located within 2 miles of most homes in the neighborhood. Douglass High, established in 1891 as the first school in the city serving African-American students, is one of the oldest schools in the state. Today, it’s known affectionately by locals as the “Pride of the East Side.”

Just 3.5 miles from the popular shopping, dining and entertainment districts downtown, and less than a mile and a half from the Oklahoma State Capitol, Martin Luther King Jr.’s location is part of its rapidly increasing appeal to homebuyers. Hiaring notes: “This is a pretty neat town. It just seems like every day there’s something new happening here,” adding that OKC’s food scene is especially incredible. “You could probably eat at a new restaurant every day, and after a full year, you probably still wouldn’t have eaten at every restaurant in town. It’s amazing,” he gushes. Laird adds that one of her favorite eateries is within half a mile of Martin Luther King Jr. She says: “On the corner of Fonshill and 23rd, there’s a James Beard Award-winning restaurant called Florence’s. They serve Southern-style food, like catfish, that’s just delicious.” And if you’d rather eat in than out, your local Homeland is less than 2 miles northwest, making it easy to run out for groceries.

Megan Quintin
Written By
Megan Quintin
Brian Lee
Photography Contributed By
Brian Lee
Zoe Sarris
Video By
Zoe Sarris

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Ike Darko, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Will Rogers World

27 min drive

Bus

N Martin Luther King Ave & NE 26th St

Bus

NE 23rd St & N Prospect Ave

Bus

NE 23rd St & Rhode Island

Martin Luther King Demographics and Home Trends

Housing Trends

Median List Price
$529,000
Median Sale Price
$529,000
Median Single Family Sale Price
$529,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
3
Median Home Sale Price YoY Change
88%
Average Price Per Sq Ft
$199

Neighborhood Facts

Number of Homes in Neighborhood
476
Number of Homes for Sale
0
Median Year Built
1947
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,010
Significantly below the national average
1,924
Average Townhouse Size Sq Ft
1,405
Median Lot Size Sq Ft
6,534

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Ike Darko, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,053
Median Age
40
Population Density
5 ppl/acre
Population under 18
26.9%
On par with the national average
23.8%
Population over 65
21.5%
On par with the national average
19.1%

Finances

Median Household Income
$37,649
Significantly below the national average
$71,702
Average Household Income
$43,382

Education and Workforce

High School Graduates
84.1%
College Graduates
12.3%
Below the national average
34.1%
Advanced Degrees
3.6%
Below the national average
13.3%
% Population in Labor Force
66.8%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
27°F
Average Summer High Temperature
93°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®

44 / 100

Somewhat Walkable

Walk Score®

54 / 100

Some Transit

Transit Score®

41 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Martin Luther King
Ike Darko
Copper Creek Real Estate
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