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Featured local agent — Oklahoma City, OK

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Oklahoma City, OK

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Oklahoma City, OK(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Oklahoma City, OK Housing Market & Real Estate

Balanced market-0.2% YoY

Housing market overview · Updated monthly ·

$272,350median sale price

How is the Oklahoma City, OK housing market right now?

The median home sale price in Oklahoma City, OK is $272,350, down 0.2% year-over-year. Homes sell in an average of 38 days with 2,864 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 Oklahoma City a buyer's or seller's market?

Balanced market3.0 months of supply38 avg. days on market

Oklahoma City, OK is currently a balanced market, based on 3.0 months of supply and homes selling in about 38 days. How we determine this →

Homes sold

944

Last 12 weeks

Days on market

38

Average pace

Active listings

2,864

3.0 months supply

Sale-to-list

98.5%

Below asking

What does the Oklahoma City housing market data show?

Current housing market statistics for Oklahoma City, OK
MetricValue
Median sale price$272,350
Median list price$282,891
Year-over-year price change-0.2%
Average days on market38 days
Active inventory2,864 listings
Months of supply3.0 months
Sale-to-list price ratio98.5%
Median price per sq ft$161/sq ft
Homes sold (latest month)944
New listings (latest month)1,165
Listings with a price cut31.0%
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Oklahoma City by property type?

How the Oklahoma City, OK market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Oklahoma City, OK
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$279,000$162/sq ft89037 days
Condo / Co-op$147,000$121/sq ft2544 days
Townhouse$189,839$127/sq ft2242 days

Source: Redfin · Updated monthly

The Oklahoma City housing market is currently classified as a balanced market with a median sale price of $272,350. Prices have fallen 0.2% compared to last year, with homes spending an average of 38 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 3.1x provides context for how home values compare to local earning capacity.

Homes for sale in Oklahoma City

There are currently 2,864 homes listed for sale in Oklahoma City, Oklahoma. The median listing price is $283K.

Active listings

2,864

Homes on market

Median list price

$283K

Avg. days on market

38

Days until sale

New this week

1,165

Newly listed

Price drops:31.0%of listings
Sale-to-list:98.5%

Who lives in Oklahoma City?

Population

688,693

Median income

$66,702/yr

Median age

35 years

Owner-occupied

59.1%

College grads

34.0%

Avg commute

22.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Oklahoma City?

Zillow home value

$209,490

Zillow rent index

$1,298/mo

Price-to-rent ratio

13.4x

Price-to-income

3.1x

Source: Zillow Research

What is it like to live in Oklahoma City?

Oklahoma City is a community of approximately 689K residents with a median age of 35 years.The median household income is $66,702, which represents a working-class community with solid middle-income opportunities. 34.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 59.1%, showing a blend of owner and renter-occupied properties. The average commute time is 22.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Oklahoma City offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Oklahoma City?

50 schools tracked · 70,860 students

The largest public schools serving Oklahoma City, 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.

Epic Charter School Elementary

Grades PK-8 · 13,702 students

Charter

Epic Charter School High School

Grades 9-12 · 13,350 students

Charter

WESTMOORE HS

Grades 9-12 · 2,635 students

Public

PUTNAM CITY HS

Grades 9-12 · 2,002 students

Public

PUTNAM CITY WEST HS

Grades 9-12 · 1,935 students

Public

NORTHWEST CLASSEN HS

Grades 9-12 · 1,902 students

Public

U. S. GRANT HS

Grades 9-12 · 1,698 students

Public

PUTNAM CITY NORTH HS

Grades 9-12 · 1,577 students

Public

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 Oklahoma City, OK?

Want a head-to-head view? Compare Oklahoma City side-by-side with any other U.S. city using our market-comparison tool.

Is Oklahoma City a good real estate investment market?

For investors evaluating Oklahoma City, the price-to-rent ratio of 13.4x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 0.2% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Oklahoma City's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Oklahoma City's median home price.

Frequently asked questions

What is the average home price in Oklahoma City?

The median home sale price in Oklahoma City is $272,350, down 0.2% from last year.

How long do homes stay on market in Oklahoma City?

Homes typically spend 38 days on market before going under contract.

What is the median income in Oklahoma City?

The median household income is $66,702 per year.

Is Oklahoma City a buyer's or seller's market?

With 3.0 months of supply, Oklahoma City is currently a balanced market.

What is the Zillow home value estimate for Oklahoma City?

The Zillow Home Value Index (ZHVI) for Oklahoma City is $209,490, representing the typical home value in the area.

What is the median condo price in Oklahoma City?

The median condo/co-op sale price in Oklahoma City, OK is $147,000, compared to $279,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Oklahoma City?

The median single-family home price in Oklahoma City, OK is $279,000 (about $162 per square foot).

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