OK · Metro #42

Oklahoma City - OK housing market

The Oklahoma City metro has a typical home value of $246,438, up 1.0% from a year ago. Homes sell in 23 days on average, a balanced market. 29% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$246,438
+1.0% vs. year ago
Median sale price
$248,205
+2.4% YoY
Median list price
$308,213
Sale-to-list ratio
98.0%
Selling below ask
Days on market
23d
Listings w/ price cut
28.9%
New listings / mo
2,319
+1.2% YoY
Homes for sale
7,922
+5.8% YoY
Typical rent
$1,390/mo
+2.6% YoY
Context

How to read this data

The typical home value ($246,438) 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 $243,998 last year is now worth roughly $246,438.

The median sale price, what homes actually close for, is $248,205. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.

Homes listed in Oklahoma City - OK sit on the market for roughly 23 days before going pending. Shorter = seller's market; longer = buyer's market.

About 28.9% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 2,319 new listings hit the market each month in Oklahoma City - OK. There are currently 7,922 homes for sale, up 5.8% from a year ago.

The typical monthly rent in Oklahoma City - OK is $1,390, up 2.6% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 14.8x, buying territory (#153 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,267 a month in principal and interest, $123 less than renting before taxes, insurance and upkeep. The two break even at a 7.59% 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 September 2026. Methodology →

Related

Other metros in OK

MetroHome value1-yr changeDays on market
Tulsa - OK$254,207 +3.0% 22.0d
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