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OklahomaHousing Market

Oklahoma is a buyer's market right now. With 6.2 months of supply and homes taking an average of 75 days to sell, you have more time to compare your options, negotiate a better deal, and buy with confidence.

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Written By Carol CFeatured Writer
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Reviewed By Deepika RHousing Market Analyst
Oklahoma Housing Market Forecast 2026AI-powered forecast for prices, inventory & market trends
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
October 2026
Last updated
Live MLS Data 30,025 active homes tracked
Data Sources:
MLS Technology-OK
#48 in Nation
Oklahoma Real Estate Market Snapshot
MEDIAN HOME PRICE
$260,000↓ 1.23%
MORTGAGE RATES 30-YR
7.18%↓ 0.06%
Buyer's Market
DAYS ON MARKET
75
↑ 7.14% YoY
INVENTORY
18,598
↑ 7.37% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy in Oklahoma? Here's What We Think

Yes, now is a good time to buy in Oklahoma. The median sale price is $260,000, a marginal change from last year, and home sales saw a 15.13% change over the same period. Buyers can use this data to gauge how much room there is to negotiate.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$260,000
↓ 1.23%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Oklahoma. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Oklahoma
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Updated MonthlyLast Updated: October 2026
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Oklahoma Housing Market Forecast for 2026

Oklahoma's housing market is expected to keep favoring buyers in 2026, with modest price growth, rising inventory, and homes taking longer to sell.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting cooling demand
  • Months of supply forecast to hold near 4-6, giving buyers more choice
  • Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Oklahoma Housing Market Crash in 2026?

Expert consensus points to no. Oklahoma is seeing steady demand with no signs of distressed selling. The market is simply rebalancing after a period of tight inventory, not heading toward a downturn. Buyers can expect more negotiating room and a wider selection through 2026.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    75 days

  • Months of Supply:

    6.2 months

  • Sale-to-List Ratio:

    97.34%

  • Mortgage Rates:

    Currently- 7.18% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Oklahoma Right Now?

Yes, buyers have plenty of options in Oklahoma right now. The market has 18,598 active listings and 6.2 months of supply, giving buyers more choice and negotiating power. There were 5,496 new listings last month, while inventory changed by 7.37% year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
18,598
↑ 7.37%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Oklahoma. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Oklahoma
location pin
Updated MonthlyLast Updated: October 2026

Are Buyers or Sellers Controlling the Oklahoma Market?

Buyers currently have the upper hand in the Oklahoma housing market. Homes are selling for 97.34% of their asking price, and price reductions saw a marginal change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
15.22%
↓ 0.33%YoY
What this chart showsSold Above List
The line tracks the share of homes selling above their asking price over time. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Oklahoma
location pin
Updated MonthlyLast Updated: October 2026

Explore Oklahoma Housing Markets by City

Compare median listing prices, homes sold, and newly listed properties across Oklahoma's top cities.

Highest Median Price
piedmont
$460,000
Most Affordable
muskogee
$152,000
Most Homes Sold
tulsa
1,038 sold
Most New Listings
tulsa
1,622 listed
Oklahoma Average Price
$259,924
15-city average
Housing Market by City
CityMedian PriceTrend
piedmont Arrow$460kBalanced
edmond Arrow$400kBalanced
bixby Arrow$368kBalanced
broken arrow Arrow$300kBalanced
owasso Arrow$293kBalanced
norman Arrow$284kBalanced
oklahoma city Arrow$271kBalanced
tulsa Arrow$250kBalanced
stillwater Arrow$247kSeller
ardmore Arrow$190kBuyer
View top 15 cities →

Find Your Perfect Oklahoma Home Now

30,025 homes for sale in Oklahoma big arrow leftbig arrow inline

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Frequently Asked Questions

How have home prices changed in Oklahoma over the past year?

Are home prices dropping in Oklahoma?

What's the average price for a house in Oklahoma?

What are the Oklahoma housing market predictions in 2026 and beyond?

What is a good time to buy a home in Oklahoma?

What are the steps to buying houses in Oklahoma?

How can I list my home for sale in Oklahoma?

What is the average mortgage rate for buyers in Oklahoma?

When will the housing market crash in Oklahoma?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across Oklahoma.

MLS Technology-OK
MLS Technology-OK
MLSOK-OK
MLSOK-OK

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from MLS Technology, Inc. through Nov 6, 2026, 2:45 PM. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Information displayed on the IDX is deemed reliable but is not guaranteed accurate by the MLS. ©2026 MLS Technology, Inc. All Rights Reserved.
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Based on information from the MLSOK and submitted to the MLS GRID as of Nov 6, 2026, 2:46 PM. This information is not verified for authenticity or accuracy, is not guaranteed, and may not reflect all real estate activity in the market. All data is obtained from various sources and may not have been verified by broker or MLS GRID. The data is deemed reliable but is not guaranteed by MLS GRID. We do not attempt to verify the currency, completeness, accuracy, or authenticity of the data contained herein. Information is subject to transcription and transmission errors and is provided “as is”.

All information, including but not limited to property square footage and lot size, zoning, and fitness for a particular purpose is subject to inaccuracies and should be independently verified through personal inspection and/or consultation with appropriate professionals. All information should be independently reviewed and verified for accuracy. Supplied Open House Information is subject to change without notice. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Use of MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. Information last updated on Nov 6, 2026, 2:46 PM. © 2026 MLSOK, Inc. All rights reserved.