Oklahoma Housing Market
Cool MarketHousing market data and trends for Oklahoma. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: March 2026
Median Sale Price
$257K
↑ 3.8% YoY
Days on Market
62 days
↑ 12.7% YoY
Active Inventory
14,528
↑ 2.0% YoY
Homes Sold
4,211
↑ 9.0% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Oklahoma Market Summary
The Oklahoma housing market is cooling down. As of March 2026, the median home sale price is $257K, up 3.8% year-over-year. Homes are spending a median of 62 days on the market, 12.7% longer than a year ago.
There are 14,528 homes for sale — 2.0% more than last year. With 3.5 months of supply, this is a seller's market. 5,784 new listings were added during this period, up 1.7% year-over-year.
Homes are selling for 97.6% of their list price on average, suggesting room for negotiation. 18.5% of homes sell above their asking price. 27.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 41% below the national median, which could indicate stronger cash flow potential.
Oklahoma Market Trends
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Detailed Market Metrics
Median List Price
$277K
Price per Sq Ft
$151
Sale-to-List Ratio
97.6%
Months of Supply
3.5
Sold Above List
18.5%
Price Drops
27.9%
New Listings
5,784
↑ 1.7% YoY
Pending Sales
5,162
Metro Areas in Oklahoma
Oklahoma City, OK metro area
$275K median
57 days
on market
Tulsa, OK metro area
$275K median
52 days
on market
Lawton, OK metro area
$168K median
78 days
on market
Shawnee, OK metro area
$213K median
61 days
on market
Stillwater, OK metro area
$252K median
43 days
on market
Bartlesville, OK metro area
$202K median
33 days
on market
Enid, OK metro area
$175K median
70 days
on market
Ponca City, OK metro area
$130K median
80 days
on market
Ardmore, OK metro area
$220K median
107 days
on market
Duncan, OK metro area
$175K median
77 days
on market
Ada, OK metro area
$194K median
44 days
on market
Durant, OK metro area
$210K median
63 days
on market
Muskogee, OK metro area
$200K median
62 days
on market
McAlester, OK metro area
$253K median
67 days
on market
Weatherford, OK metro area
$282K median
163 days
on market
Tahlequah, OK metro area
$228K median
48 days
on market
Altus, OK metro area
$209K median
87 days
on market
Woodward, OK metro area
$148K median
111 days
on market
Elk City, OK metro area
$145K median
154 days
on market
Guymon, OK metro area
$291K median
190 days
on market
Miami, OK metro area
$349K median
23 days
on market
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.