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Sarah Mitchell

CNESRESABR

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 & Real Estate

Seller's market+2.9% YoY

Housing market overview · Updated monthly ·

$251,500median sale price

How is the Tulsa, OK housing market right now?

The median home sale price in Tulsa, OK is $251,500, up 2.9% year-over-year. Homes sell in an average of 23 days with 1,027 active listings. The market is currently a seller's 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 Tulsa a buyer's or seller's market?

Seller's market2.3 months of supply23 avg. days on market

Tulsa, OK is currently a seller's market, based on 2.3 months of supply and homes selling in about 23 days. How we determine this →

Homes sold

442

Last 12 weeks

Days on market

23

Average pace

Active listings

1,027

2.3 months supply

Sale-to-list

97.7%

Below asking

What does the Tulsa housing market data show?

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

Source: Redfin · Updated monthly

How much do homes cost in Tulsa by property type?

How the Tulsa, 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 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

Source: Redfin · Updated monthly

The Tulsa housing market is currently classified as a seller's market with a median sale price of $251,500. Prices have risen 2.9% compared to last year, with homes spending an average of 23 days on market, indicating 2.3 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 3.8x provides context for how home values compare to local earning capacity.

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%

Who lives in Tulsa?

Population

412,322

Median income

$58,407/yr

Median age

35.5 years

Owner-occupied

52.0%

College grads

33.3%

Avg commute

18.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Tulsa?

Zillow home value

$222,868

Zillow rent index

$1,272/mo

Price-to-rent ratio

14.6x

Price-to-income

3.8x

Source: Zillow Research

What is it like to live in Tulsa?

Tulsa is a community of approximately 412K residents with a median age of 35.5 years.The median household income is $58,407, which represents a working-class community with solid middle-income opportunities. 33.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 52.0%, showing a blend of owner and renter-occupied properties. The average commute time is 18.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tulsa offers a balanced lifestyle with accessible home values relative to local income levels.

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?

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

Is Tulsa a good real estate investment market?

For investors evaluating Tulsa, the price-to-rent ratio of 14.6x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 2.9% 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 Tulsa's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Tulsa's median home price.

Frequently asked questions

What is the average home price in Tulsa?

The median home sale price in Tulsa is $251,500, up 2.9% from last year.

How long do homes stay on market in Tulsa?

Homes typically spend 23 days on market before going under contract.

What is the median income in Tulsa?

The median household income is $58,407 per year.

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

With 2.3 months of supply, Tulsa is currently a seller's market.

What is the Zillow home value estimate for Tulsa?

The Zillow Home Value Index (ZHVI) for Tulsa is $222,868, representing the typical home value in the area.

What is the median condo price in Tulsa?

The median condo/co-op sale price in Tulsa, OK is $127,750, compared to $266,500 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Tulsa?

The median single-family home price in Tulsa, OK is $266,500 (about $154 per square foot).

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