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Featured local agent — Mustang, OK
Sarah Mitchell
Compass Real Estate · Mustang, OK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Mustang, OK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$269,900median sale price
How is the Mustang, OK housing market right now?
The median home sale price in Mustang, OK is $269,900, up 8.0% year-over-year. Homes sell in an average of 22 days with 93 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Mustang a buyer's or seller's market?
Mustang, OK is currently a balanced market, based on 3.0 months of supply and homes selling in about 22 days. How we determine this →
Homes sold
31
Last 12 weeks
Days on market
22
Average pace
Active listings
93
3.0 months supply
Sale-to-list
98.9%
Below asking
What does the Mustang housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $269,900 |
| Median list price | $292,134 |
| Year-over-year price change | +8.0% |
| Average days on market | 22 days |
| Active inventory | 93 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 98.9% |
| Median price per sq ft | $160/sq ft |
| Homes sold (latest month) | 31 |
| New listings (latest month) | 49 |
| Listings with a price cut | 36.6% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Mustang by property type?
How the Mustang, OK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $269,950 | $161/sq ft | 30 | 21 days |
| Condo / Co-op | $212,000 | $154/sq ft | 1 | 70 days |
| Townhouse | $211,000 | $145/sq ft | 1 | 172 days |
Source: Redfin · Updated monthly
The Mustang housing market is currently classified as a balanced market with a median sale price of $269,900. Prices have risen 8.0% compared to last year, with homes spending an average of 22 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Mustang
There are currently 93 homes listed for sale in Mustang, Oklahoma. The median listing price is $292K.
Active listings
93
Homes on market
Median list price
$292K
Avg. days on market
22
Days until sale
New this week
49
Newly listed
Who lives in Mustang?
Population
21,290
Median income
$88,262/yr
Median age
39.3 years
Owner-occupied
77.6%
College grads
25.4%
Avg commute
28 min
Source: U.S. Census Bureau ACS
What are homes worth in Mustang?
Zillow home value
$281,861
Zillow rent index
$1,708/mo
Price-to-rent ratio
13.7x
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Mustang?
Mustang is a community of approximately 21K residents with a median age of 39.3 years.The median household income is $88,262, which reflects a relatively affluent area with strong earning potential. 25.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 28 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Mustang offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Mustang?
8 schools tracked · 8,089 students
The largest public schools serving Mustang, OK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
MUSTANG HS
Grades 9-12 · 3,858 students
RIVERWOOD ES
Grades PK-4 · 750 students
MUSTANG MS
Grades 7-8 · 731 students
MUSTANG HORIZON IES
Grades 5-6 · 718 students
MUSTANG CENTENNIAL ES
Grades PK-4 · 667 students
MUSTANG ES
Grades PK-4 · 644 students
MUSTANG LAKEHOMA ES
Grades PK-4 · 624 students
MUSTANG EDUCATION CTR
Grades PK · 97 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Mustang, OK?
Want a head-to-head view? Compare Mustang side-by-side with any other U.S. city using our market-comparison tool.
Is Mustang a good real estate investment market?
For investors evaluating Mustang, the price-to-rent ratio of 13.7x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 8.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Mustang's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Mustang's median home price.
Frequently asked questions
What is the average home price in Mustang?
The median home sale price in Mustang is $269,900, up 8.0% from last year.
How long do homes stay on market in Mustang?
Homes typically spend 22 days on market before going under contract.
What is the median income in Mustang?
The median household income is $88,262 per year.
Is Mustang a buyer's or seller's market?
With 3.0 months of supply, Mustang is currently a balanced market.
What is the Zillow home value estimate for Mustang?
The Zillow Home Value Index (ZHVI) for Mustang is $281,861, representing the typical home value in the area.
What is the median condo price in Mustang?
The median condo/co-op sale price in Mustang, OK is $212,000, compared to $269,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Mustang?
The median single-family home price in Mustang, OK is $269,950 (about $161 per square foot).
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