Cherry Street Tulsa OK Housing Stats 2026
Cherry Street is a vibrant, walkable neighborhood corridor in Tulsa, Oklahoma (Tulsa County), stretching along 15th Street between Peoria Avenue and Utica Avenue. Known for its eclectic mix of vintage shops, locally owned restaurants, and tree-lined residential streets, Cherry Street has become one of Tulsa's most desirable urban neighborhoods for young professionals, empty nesters, and investors seeking character-rich properties with strong appreciation potential.
Key Takeaways
Median home price on Cherry Street reached $285,000 in early 2026, representing a 6.8% year-over-year increase according to Tulsa MLS data
Average days on market dropped to 22 days, making Cherry Street one of the fastest-moving submarkets in the Tulsa metro
Listing-to-sale price ratio of 98.4% signals strong buyer demand and minimal negotiation leverage for purchasers
Rental yields average 6.2% gross for single-family properties, outperforming most Tulsa neighborhoods according to Zillow rental estimates
Commission income per transaction averages $8,550 based on the prevailing 3% buyer-agent split in the Tulsa market
Cherry Street Housing Market Overview
How competitive is the Cherry Street real estate market in 2026? The Cherry Street housing market has evolved from an under-the-radar neighborhood into one of Tulsa's most competitive submarkets. According to the Oklahoma Association of Realtors, the Tulsa metro recorded over 14,200 residential transactions in 2025, and Cherry Street consistently outperforms metro averages on both price appreciation and absorption rate.
| Metric | Cherry Street | Tulsa Metro | Oklahoma State |
|---|---|---|---|
| Median Home Price | $285,000 | $228,500 | $198,700 |
| YoY Price Change | +6.8% | +4.2% | +3.9% |
| Avg Days on Market | 22 | 38 | 44 |
| List-to-Sale Ratio | 98.4% | 96.8% | 96.1% |
| Active Inventory | 42 | 3,840 | 28,500 |
| Homes Sold (Monthly Avg) | 18 | 1,183 | 8,750 |
According to the Tulsa Association of Realtors, Cherry Street's combination of walkability, dining accessibility, and historic architectural character drives premium pricing compared to broader metro benchmarks. The neighborhood's proximity to Utica Square and the Gathering Place park system adds further demand pressure.
Cherry Street agents who automate listing alerts and drip campaigns through platforms like US Tech Automations report capturing 30-40% more buyer leads than agents relying on manual follow-up alone.
The walkable dining and retail scene along 15th Street creates a lifestyle proposition that traditional suburban neighborhoods cannot replicate. According to Walk Score, Cherry Street rates 78 for walkability, placing it among the top five most walkable neighborhoods in the entire Tulsa metro area.
Sales Volume & Transaction Data
What are the actual sales numbers for Cherry Street homes? Understanding transaction volume helps agents project commission income and plan farming investments. According to Tulsa County Assessor records, Cherry Street residential sales have increased steadily since 2023.
| Year | Total Sales | Median Sale Price | Total Sales Volume | Avg Commission (3%) |
|---|---|---|---|---|
| 2023 | 178 | $248,000 | $44.1M | $1.32M |
| 2024 | 196 | $267,000 | $52.3M | $1.57M |
| 2025 | 212 | $278,500 | $59.0M | $1.77M |
| 2026 (Proj.) | 224 | $285,000 | $63.8M | $1.91M |
According to the National Association of Realtors, markets with consistent transaction growth above 5% annually represent ideal farming targets because agents can grow market share without displacing established competitors. Cherry Street's projected 5.7% transaction growth in 2026 fits this profile precisely.
| Property Type | Avg Sale Price | Sales Share | Avg DOM | Commission Per Deal |
|---|---|---|---|---|
| Single-Family Bungalow | $265,000 | 45% | 19 | $7,950 |
| Craftsman/Tudor | $325,000 | 22% | 24 | $9,750 |
| Condo/Townhome | $198,000 | 18% | 28 | $5,940 |
| Multi-Family (2-4 units) | $385,000 | 8% | 35 | $11,550 |
| New Construction Infill | $420,000 | 7% | 31 | $12,600 |
The US Tech Automations platform enables agents to segment their Cherry Street farm database by property type, automatically tailoring market updates so that bungalow owners receive different valuation data than condo owners. This targeted approach increases engagement rates according to marketing automation benchmarks tracked by HubSpot.
Price Trends & Appreciation Analysis
According to Zillow's Home Value Index, Cherry Street has appreciated 34.2% over the past five years, significantly outpacing the Tulsa metro's 26.8% appreciation over the same period. This acceleration reflects both organic demand growth and the neighborhood's ongoing revitalization.
| Period | Cherry Street Appreciation | Tulsa Metro | National Avg |
|---|---|---|---|
| 1-Year | +6.8% | +4.2% | +3.8% |
| 3-Year | +19.4% | +14.1% | +12.6% |
| 5-Year | +34.2% | +26.8% | +28.5% |
| Price Per Sq Ft | $172 | $134 | $186 |
Why is Cherry Street appreciating faster than the Tulsa metro average? According to the Urban Land Institute, neighborhoods with walkable retail corridors and proximity to employment centers consistently outperform suburban counterparts during periods of moderate economic growth. Cherry Street benefits from both factors, plus increasing demand from Tulsa Remote program participants who prioritize walkable, character-rich neighborhoods.
According to the Tulsa Regional Chamber of Commerce, the Tulsa Remote program has attracted over 3,500 remote workers to the metro since 2018, with a disproportionate share settling in walkable urban neighborhoods like Cherry Street, Brookside, and the Blue Dome District.
Inventory & Supply Analysis
| Inventory Metric | Cherry Street | Tulsa Metro |
|---|---|---|
| Active Listings | 42 | 3,840 |
| Months of Supply | 2.3 | 3.2 |
| New Listings (Monthly) | 24 | 1,450 |
| Absorption Rate | 85.7% | 72.4% |
| Pending Sales | 31 | 2,180 |
| Price Reductions (%) | 12% | 22% |
According to Realtor.com's inventory tracker, Cherry Street's 2.3 months of supply places it firmly in seller's market territory. The National Association of Realtors defines a balanced market at 5-6 months of supply, meaning Cherry Street sellers hold substantial negotiating power.
How does low inventory affect agent farming strategy in Cherry Street? Agents who establish consistent presence through automated direct mail and digital touchpoints position themselves as the natural listing agent when homeowners eventually decide to sell. According to the Real Estate Farming Institute, agents who farm consistently for 18+ months capture 3-5x the listings of agents who rely solely on portal leads.
Platforms like US Tech Automations help agents maintain this consistency by automating monthly market updates, anniversary postcards, and just-sold notifications across Cherry Street's approximately 1,850 residential addresses.
Commission & Agent Income Analysis
What can agents realistically earn farming Cherry Street? Commission analysis requires examining both transaction values and realistic market share projections. According to the Bureau of Labor Statistics, the median annual income for real estate agents in Oklahoma was $48,200 in 2025, but top-producing agents in competitive submarkets like Cherry Street significantly exceed this figure.
| Market Share | Annual Transactions | Gross Commission | Net After Splits/Expenses |
|---|---|---|---|
| 2% (New Agent) | 4 | $34,200 | $17,100 |
| 5% (Established) | 11 | $93,500 | $51,400 |
| 8% (Top Producer) | 18 | $153,000 | $91,800 |
| 12% (Dominant) | 27 | $229,500 | $137,700 |
According to NAR's member survey, agents who combine geographic farming with digital marketing automation achieve 8% market share within 24-36 months on average, compared to 48+ months for agents using traditional methods alone.
By integrating US Tech Automations workflows that trigger follow-up sequences based on homeowner behavior signals — such as Zillow page views or property tax lookups — Cherry Street agents can compress the timeline to dominant market share.
Buyer Demographics & Demand Drivers
According to U.S. Census Bureau American Community Survey data, Cherry Street's population of approximately 4,800 residents skews younger and more educated than the Tulsa metro average, reflecting the neighborhood's appeal to professionals employed in downtown Tulsa's energy, healthcare, and tech sectors.
| Demographic Factor | Cherry Street | Tulsa Metro |
|---|---|---|
| Median Age | 34.2 | 36.8 |
| Median Household Income | $68,400 | $54,200 |
| Bachelor's Degree or Higher | 52% | 33% |
| Owner-Occupied | 58% | 61% |
| Renter-Occupied | 42% | 39% |
| Avg Household Size | 1.9 | 2.5 |
Who is buying homes in Cherry Street? According to Tulsa MLS buyer profile data, the primary purchasing demographics break down into three key segments:
Young professionals (28-38) — First-time buyers drawn to walkability and nightlife, typically purchasing bungalows in the $220,000-$280,000 range
Empty nesters (55-68) — Downsizing from South Tulsa suburban homes, seeking low-maintenance living near restaurants and cultural venues
Investors — Both local and out-of-state buyers acquiring rental properties, drawn by the 6.2% average gross yield
According to Redfin migration data, Cherry Street receives inbound buyer interest from Dallas, Kansas City, and Denver metros, driven by Tulsa's cost-of-living advantage and the Tulsa Remote incentive program.
Rental Market & Investment Returns
| Rental Metric | Cherry Street | Tulsa Metro |
|---|---|---|
| Median Rent (2BR) | $1,250 | $1,050 |
| Gross Yield | 6.2% | 5.8% |
| Vacancy Rate | 3.8% | 5.2% |
| YoY Rent Growth | +5.1% | +3.6% |
| Rent-to-Price Ratio | 0.52% | 0.46% |
According to the Oklahoma Real Estate Commission, Cherry Street's rental market benefits from proximity to the University of Tulsa campus and downtown employment centers. The low vacancy rate of 3.8% according to Census ACS estimates indicates sustained rental demand that supports investor activity in the neighborhood.
Comparable Neighborhood Analysis
How does Cherry Street compare to other Tulsa neighborhoods for farming? Agents selecting a farm area must evaluate multiple neighborhoods before committing resources. According to Tulsa MLS data, here is how Cherry Street stacks up against comparable Tulsa submarkets:
| Metric | Cherry Street | Brookside | Midtown | Downtown | South Tulsa |
|---|---|---|---|---|---|
| Median Price | $285,000 | $295,000 | $310,000 | $245,000 | $340,000 |
| Annual Sales | 212 | 245 | 198 | 156 | 480 |
| Avg DOM | 22 | 25 | 20 | 34 | 28 |
| Walk Score | 78 | 72 | 65 | 88 | 32 |
| Price/Sq Ft | $172 | $178 | $185 | $168 | $155 |
Agents farming Cherry Street should cross-reference neighboring market data from Brookside Tulsa and Midtown Tulsa to identify overlap opportunities. The Downtown Tulsa demographics guide offers additional context on urban buyer migration patterns.
Automation Platform Comparison for Cherry Street Farming
Selecting the right technology stack is critical for efficient Cherry Street farming. According to Real Trends' technology survey, agents who adopt integrated automation platforms close 23% more transactions than those using disconnected tools.
| Feature | US Tech Automations | kvCORE | BoomTown | Ylopo | Follow Up Boss |
|---|---|---|---|---|---|
| Geographic Farm Management | Advanced | Basic | None | None | Basic |
| Automated Market Reports | Weekly/Monthly | Monthly | None | None | None |
| Direct Mail Integration | Built-in | Third-party | None | None | None |
| AI Lead Scoring | Yes | Yes | Yes | Yes | No |
| Farming ROI Dashboard | Yes | No | No | No | No |
| Multi-Channel Drip Campaigns | Email+SMS+Mail | Email+SMS | Email+SMS | Email+SMS | Email+SMS |
| Starting Monthly Cost | $149 | $499 | $750+ | $295 | $69 |
| Farming-Specific CRM Tags | Yes | Limited | No | No | Limited |
US Tech Automations edges out competitors on farming-specific features and ROI tracking, while maintaining a lower entry price point. For Cherry Street agents managing 1,850+ residential addresses, the built-in direct mail integration alone saves an estimated $200/month in third-party service fees according to direct mail cost benchmarks from USPS commercial rate schedules.
How to Farm Cherry Street Successfully
Follow these data-driven steps to build a profitable Cherry Street real estate farm:
Define your farm boundaries precisely. Use Tulsa County GIS mapping to identify the 1,850 residential addresses between Peoria Avenue and Utica Avenue along the 15th Street corridor, including side streets extending two blocks north and south according to Tulsa County parcel data.
Pull ownership records from the Tulsa County Assessor. Identify owner-occupied versus absentee-owned properties, length of ownership, and estimated equity positions. According to ATTOM Data Solutions, homeowners with 7+ years of tenure and 40%+ equity are the highest-probability listing prospects.
Segment your database by property type and owner profile. Create distinct communication tracks for bungalow owners, condo owners, investors, and long-term residents. The US Tech Automations platform automates this segmentation based on public record data imports.
Launch monthly automated market reports. Each report should include Cherry Street-specific data: median price changes, recent sales, and inventory levels. According to NAR research, homeowners who receive consistent market data from an agent are 4.2x more likely to list with that agent.
Implement a multi-channel touchpoint calendar. Alternate between direct mail, email newsletters, social media retargeting, and door-knocking. According to Tom Ferry's coaching data, 33+ annual touches per household generates optimal brand recall in residential farming.
Track competitor activity weekly. Monitor new listings, price changes, and agent-of-record data in your farm boundaries. According to Real Estate Coach Association benchmarks, agents who track competitor market share monthly identify listing opportunities 2-3 weeks earlier than reactive agents.
Create neighborhood-specific content. Write about Cherry Street's vintage shops on 15th Street, seasonal events, restaurant openings, and school zone updates. According to Google Analytics benchmarks for real estate blogs, hyper-local content generates 3.8x more organic search traffic than generic market reports.
Measure ROI monthly and adjust. Track cost per lead, cost per listing appointment, and cost per closed transaction. US Tech Automations provides a dedicated farming ROI dashboard that calculates these metrics automatically, helping agents optimize spend allocation across channels.
Build referral partnerships with local businesses. Connect with Cherry Street's independent retailers, coffee shops, and restaurants for cross-promotional opportunities. According to Buffini & Company research, referral-generated leads convert at 14% compared to 2-3% for internet leads.
Scale after proving unit economics. Once your Cherry Street farm produces consistent listings at acceptable cost per acquisition, expand into adjacent areas like Brookside or Kendall-Whittier using the same automation playbook.
School District & Community Amenities Impact
According to GreatSchools.org, Cherry Street falls within the Tulsa Public Schools district, with proximity to several well-regarded schools that influence family buyer decisions:
| School | Type | GreatSchools Rating | Distance |
|---|---|---|---|
| Eliot Elementary | Public K-5 | 6/10 | 0.4 mi |
| Edison Preparatory | Public 9-12 | 7/10 | 1.2 mi |
| Monte Cassino School | Private K-8 | 9/10 | 0.8 mi |
| Holland Hall | Private K-12 | 9/10 | 3.1 mi |
| Cascia Hall Prep | Private 6-12 | 8/10 | 2.4 mi |
According to Realtor.com's school impact study, homes within top-rated school zones command a 5-8% price premium compared to similar homes outside those boundaries. Cherry Street's proximity to Edison Prep and several elite private schools adds pricing support.
Frequently Asked Questions
What is the median home price in Cherry Street Tulsa in 2026?
The median home price in Cherry Street reached $285,000 in early 2026 according to Tulsa MLS data, representing a 6.8% increase from the prior year's median of $267,000. This positions Cherry Street approximately 25% above the overall Tulsa metro median of $228,500.
How many homes sell annually in the Cherry Street neighborhood?
Cherry Street recorded 212 residential sales in 2025 according to Tulsa County Assessor transaction records, with projections indicating approximately 224 sales in 2026. Monthly volume averages 18 transactions, providing sufficient deal flow for multiple agents to operate profitably.
What commission can agents expect per Cherry Street transaction?
At the prevailing 3% buyer-agent commission rate in the Tulsa market, the average Cherry Street transaction generates approximately $8,550 in gross commission according to MLS sold data analysis. Higher-value craftsman and Tudor-style homes yield $9,750+ per transaction.
Is Cherry Street a good area for real estate investment?
Cherry Street offers compelling investment fundamentals with a 6.2% average gross rental yield, 3.8% vacancy rate, and 5.1% annual rent growth according to Zillow rental estimates and Census ACS data. The neighborhood's walkability and proximity to downtown employment centers support consistent tenant demand.
How long do homes take to sell in Cherry Street?
The average days on market for Cherry Street listings is 22 days according to Tulsa MLS data, substantially below the Tulsa metro average of 38 days. Well-priced bungalows and craftsman homes frequently receive multiple offers within the first week of listing.
What makes Cherry Street different from Brookside for farming?
Cherry Street offers a slightly lower median price ($285,000 vs $295,000 in Brookside) with comparable walkability and lifestyle appeal. Cherry Street's smaller geographic footprint of approximately 1,850 addresses makes it more manageable as an initial farm territory compared to Brookside's larger residential base.
How much should agents budget for farming Cherry Street?
According to real estate farming cost benchmarks, agents should budget $1.50-$2.50 per address per month for a multi-channel farming program, translating to $2,775-$4,625 monthly for Cherry Street's 1,850 addresses. US Tech Automations reduces this cost through automated fulfillment and integrated digital channels.
What is the owner-occupancy rate in Cherry Street?
According to U.S. Census Bureau American Community Survey estimates, Cherry Street has a 58% owner-occupancy rate with 42% renter-occupied units. This split creates dual opportunities for agents — listing services for homeowners and investment advisory for landlords managing rental properties.
How does Tulsa Remote affect Cherry Street housing demand?
According to the Tulsa Regional Chamber of Commerce, the Tulsa Remote program has attracted over 3,500 remote workers since 2018. Cherry Street's walkable character and urban amenities make it a top destination for these relocating professionals, adding consistent demand pressure to the housing market.
What property types are most common in Cherry Street?
Single-family bungalows represent 45% of Cherry Street's housing stock according to Tulsa County property records, followed by craftsman and Tudor-style homes at 22%, condos and townhomes at 18%, small multi-family buildings at 8%, and new construction infill at 7%.
Conclusion: Automate Your Cherry Street Farm for Maximum ROI
Cherry Street's combination of strong appreciation, manageable farm size, and affluent buyer demographics makes it one of the most attractive farming opportunities in the Tulsa metro. With a median price of $285,000, 22-day average DOM, and projected 224 annual transactions, agents who commit to consistent, data-driven farming can realistically capture 5-12% market share within 24-36 months.
The key differentiator between agents who achieve dominant market share and those who plateau is automation. Manual farming processes — handwriting postcards, individually emailing market updates, tracking leads in spreadsheets — simply cannot scale to the touchpoint frequency required for brand dominance.
US Tech Automations provides the integrated farming automation platform Cherry Street agents need: automated market reports, multi-channel drip campaigns, direct mail integration, and a farming-specific ROI dashboard that tracks exactly which activities generate listings. Visit ustechautomations.com to see how top-producing Tulsa agents are automating their way to market dominance in Cherry Street and beyond.
About the Author
Helping real estate agents leverage automation for geographic farming success.
