Oklahoma City - OK housing market
The Oklahoma City metro has a typical home value of $243,069, up 1.0% from a year ago. Homes sell in 30 days on average, a balanced market. 30% of listings have had a price cut. Data from Zillow Research, updated monthly.
Oklahoma City housing market, October 2026
The typical Oklahoma City home is worth $243,069 as of September 2026, up 0.1% from the prior month, up 0.2% over three months, and up 1.0% from a year ago. Over the past two years values have ranged from $238,406 to $243,340.
Homes are going pending in about 30 days, slower than the 21 days seen three months earlier. There are roughly 8,232 homes for sale, 7% more than a year ago. 30.1% of listings have taken a price cut (up from 27.3% three months ago).
Typical rent is $1,384 a month, up 2.6% year over year, which puts the price-to-rent ratio at 14.6.
At this week's 7.40% mortgage rate with 20% down ($48,614), the typical Oklahoma City home costs about $1,650 a month including tax and insurance, which needs a household income of roughly $70,700 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($243,069) is the Zillow Home Value Index for the Oklahoma City - OK metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.0% over the past year. In Oklahoma City - OK, that means a home worth $240,662 last year is now worth roughly $243,069.
The median sale price, what homes actually close for, is $248,200. Homes are selling at 98.1% of list price, meaning buyers have room to negotiate.
Homes listed in Oklahoma City - OK sit on the market for roughly 30 days before going pending. Shorter = seller's market; longer = buyer's market.
About 30.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 2,132 new listings hit the market each month in Oklahoma City - OK. There are currently 8,232 homes for sale, up 7.0% from a year ago.
The typical monthly rent in Oklahoma City - OK is $1,384, up 2.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.6x, buying territory (#154 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,346 a month in principal and interest, $38 less than renting before taxes, insurance and upkeep. The two break even at a 7.68% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in OK
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Tulsa - OK | $251,771 | +3.1% | 27.0d |