Oklahoma Housing Market
Cold MarketHousing market data and trends for Oklahoma. Track median prices, inventory, days on market, and competition metrics for real estate investors.
Data period: January 2026
Median Sale Price
$245K
↑ 3.7% YoY
Days on Market
63 days
↑ 8.6% YoY
Active Inventory
14,597
↑ 4.5% YoY
Homes Sold
2,802
↓ 7.2% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Oklahoma Market Summary
The Oklahoma housing market is cooling down. As of January 2026, the median home sale price is $245K, up 3.7% year-over-year. Homes are spending a median of 63 days on the market, 8.6% longer than a year ago.
There are 14,597 homes for sale — 4.5% more than last year. With 5.2 months of supply, this is a balanced market. 4,246 new listings were added during this period, down 6.4% year-over-year.
Homes are selling for 96.9% of their list price on average, suggesting room for negotiation. 15.9% of homes sell above their asking price. 23.5% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
81
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. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 42% below the national median, which could indicate stronger cash flow potential.
Oklahoma Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Sale-to-List Ratio
Listings with Price Drops
Detailed Market Metrics
Median List Price
$270K
Price per Sq Ft
$148
Sale-to-List Ratio
96.9%
Months of Supply
5.2
Sold Above List
15.9%
Price Drops
23.5%
New Listings
4,246
↓ 6.4% YoY
Pending Sales
3,878
Metro Areas in Oklahoma
Oklahoma City, OK metro area
$256K median
60 days
on market
Tulsa, OK metro area
$265K median
54 days
on market
Lawton, OK metro area
$194K median
86 days
on market
Shawnee, OK metro area
$200K median
72 days
on market
Stillwater, OK metro area
$246K median
43 days
on market
Enid, OK metro area
$163K median
75 days
on market
Ardmore, OK metro area
$220K median
74 days
on market
Bartlesville, OK metro area
$217K median
62 days
on market
Muskogee, OK metro area
$176K median
69 days
on market
Tahlequah, OK metro area
$181K median
48 days
on market
McAlester, OK metro area
$165K median
66 days
on market
Ponca City, OK metro area
$99K median
68 days
on market
Duncan, OK metro area
$141K median
87 days
on market
Ada, OK metro area
$260K median
46 days
on market
Altus, OK metro area
$166K median
74 days
on market
Durant, OK metro area
$282K median
94 days
on market
Woodward, OK metro area
$135K median
95 days
on market
Weatherford, OK metro area
$165K median
58 days
on market
Elk City, OK metro area
$158K median
104 days
on market
Guymon, OK metro area
$195K median
76 days
on market
Miami, OK metro area
$325K median
177 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.