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Sarah Mitchell

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Compass Real Estate · Tulsa, OK

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

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

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Tulsa, OK Housing Market

Seller's market+2.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Tulsa, OK is worth $220,221, rose 2.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $251,500, +2.9% year over year (through May 2026). With 2.3 months of supply and homes going under contract in about 23 days, Tulsa is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $220,221 home is about $1,176/mo in principal and interest.

Key numbers for Tulsa, OK

Typical home value

$220,221

+2.3% in 12 months

Zillow, August 2026

Typical asking rent

$1,287/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$251,500

+2.9% year over year

Redfin, through May 2026

Days on market

23

Average pace

Redfin, through May 2026

Active listings

1,027

2.3 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$58,407

Home costs 3.8x income

U.S. Census ACS, 2023

Sale-to-list ratio

97.7%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Tulsa a buyer's or seller's market?

Seller's market2.3 months of supply23 days on market97.7% of asking

Tulsa, OK is a seller's market, based on 2.3 months of supply and homes selling in about 23 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Tulsa housing market data show?

Every row below is Redfin's final published month for Tulsa, OK. Redfin, through May 2026

Housing market statistics for Tulsa, OK, Redfin through May 2026
MetricValue
Median sale price$251,500
Median list price$275,000
Year-over-year price change+2.9%
Median price per sq ft$152/sq ft
Median days on market23 days
Active inventory1,027 listings
Months of supply2.3 months
Sale-to-list price ratio97.7%
Homes sold (that month)442
New listings (that month)571
Listings with a price cut36.9%
Market conditionSeller's market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Tulsa is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Tulsa is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Tulsa home prices moved?

Over the last three years the median sale price in Tulsa, OK rose 6.6%, from $236,000 to $251,500. The live Zillow value series has rose 2.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. 36.9% of Tulsa listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.3 months while the sale-to-list ratio slips below its current 97.7%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Tulsa?

Priced off the typical home value of $220,221 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Tulsa, OK
Down paymentCash at closeLoan amountMonthly P&I
20%$44,044$176,177$1,176/mo
5%$11,011$209,210$1,396/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,176, that implies roughly $50,385 a year before you add taxes and insurance. The median household in Tulsa earns $58,407, about $8,022 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.8x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Tulsa in the next 12 months?

Tell us your timeline. We send the Tulsa market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Tulsa?

Typical asking rent in Tulsa, OK is $1,287/mo, against a typical home value of $220,221. That is a price-to-rent ratio of 14.3x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,176 a month — $112 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Tulsa?

Active listings in Tulsa, OK went from 1,083 in May 2025 to 1,027 in May 2026, a -5.2% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.

Active listings by month in Tulsa, OK
MonthActive listingsNew listings
June 20251,182586
July 20251,219551
August 20251,172463
September 20251,218517
October 20251,222489
November 20251,172359
December 20251,112345
January 20261,079378
February 20261,087448
March 20261,079525
April 20261,082605
May 20261,027571

Redfin, through May 2026

How does Tulsa compare to Oklahoma and the U.S.?

Tulsa homes sell for $251,500 — 5% below the Oklahoma median of $264,600. Against the national median of $410,700, Tulsa runs 39% lower. Year-over-year, Tulsa moved +2.9% against Oklahoma's +1.9% — a bigger swing than the state as a whole.

Tulsa, OK compared with Oklahoma and the United States
MarketMedian sale priceYoYDays on market
Tulsa, OK$251,500+2.9%23 days
Oklahoma statewide$264,600+1.9%39 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Tulsa

What buyers should watch

  • Months of supply, currently 2.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 36.9%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $220 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $220,221 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Tulsa listing goes under contract in 23 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 97.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Tulsa added 571 new listings against 442 sales — more competition arriving than clearing, so early timing matters.
  • Your equity moved +2.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Tulsa varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Tulsa

There are currently 1,027 homes listed for sale in Tulsa, Oklahoma. The median listing price is $275K.

Active listings

1,027

Homes on market

Median list price

$275K

Avg. days on market

23

Days until sale

New this week

571

Newly listed

Price drops:36.9%of listings
Sale-to-list:97.7%

How much do homes cost in Tulsa by property type?

How the Tulsa, OK market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Tulsa, OK
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$266,500$154/sq ft40022 days
Condo / co-op$127,750$129/sq ft3866 days
Townhouse$305,000$153/sq ft48 days

Who lives in Tulsa?

American Community Survey estimates for Tulsa. U.S. Census ACS, 2023

Population

412,322

Households

171,382

Median income

$58,407/yr

Median age

35.5 years

Owner-occupied

52.0%

Median home value

$189,600

Median gross rent

$998/mo

Mean commute

18.7 min

52.0% of occupied homes in Tulsa are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $189,600 against Zillow's $220,221 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $998/mo, below Zillow's $1,287/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Tulsa?

50 schools tracked · 37,709 students

The largest public schools serving Tulsa, 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.

UNION HS

Grades 10-12 · 3,516 students

Public

UNION 6TH-7TH GRADE CTR

Grades 6-7 · 2,177 students

Public

BOOKER T. WASHINGTON HS

Grades 9-12 · 1,285 students

Public

EAST CENTRAL HS

Grades 9-12 · 1,189 students

Public

THOMAS EDISON PREPARATORY HS

Grades 9-12 · 1,089 students

Public

NATHAN HALE HS

Grades 9-12 · 1,067 students

Public

WILL ROGERS COLLEGE HS

Grades 9-12 · 1,037 students

Public

MEMORIAL HS

Grades 9-12 · 1,023 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 Tulsa, OK?

Ordered by distance from Tulsa, not by size. Compare Tulsa side by side with any of them.

Tulsa housing market FAQ

Is Tulsa a buyer's or seller's market?

Tulsa, OK is currently a seller's market. That read comes from 2.3 months of supply, homes going under contract in about 23 days, and sellers getting 97.7% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Tulsa?

The typical home in Tulsa, OK is worth $220,221 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $251,500, about $152 per square foot.

Is Tulsa cheaper than the rest of Oklahoma?

Tulsa's median sale price of $251,500 is 5% lower than the Oklahoma statewide median of $264,600, and 39% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Tulsa?

Homes in Tulsa, OK spent a median of 23 days on market before going under contract, versus 39 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Tulsa?

At the current 30-year fixed rate of 7.03%, 20% down on a $220,221 home is about $1,176 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $50,385 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $58,407.

Are home prices rising in Tulsa?

The typical home value in Tulsa, OK rose 2.3% over the last 12 months, from $215,271 to $220,221 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Tulsa?

Tulsa ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Tulsa?

That depends on your timeline, not on a headline. What the data says today: Tulsa, OK is a seller's market with 2.3 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 14.3x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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