Oklahoma City, OK metro area Housing Market
Cool MarketComprehensive housing market data for the Oklahoma City, OK metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$275K
↑ 2.5% YoY
Days on Market
57 days
↑ 9.6% YoY
Active Inventory
5,705
↑ 0.8% YoY
Homes Sold
1,886
↑ 10.8% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Oklahoma City, OK metro area Market Summary
The Oklahoma City, OK metro area housing market is cooling down. As of March 2026, the median home sale price is $275K, up 2.5% year-over-year. Homes are spending a median of 57 days on the market, 9.6% longer than a year ago.
There are 5,705 homes for sale — 0.8% more than last year. With 3.0 months of supply, this is a seller's market. 2,379 new listings were added during this period, down 0.6% year-over-year.
Homes are selling for 98.1% of their list price on average, suggesting room for negotiation. 18.4% of homes sell above their asking price. 29.6% 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
vs. Oklahoma 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 37% below the national median, which could indicate stronger cash flow potential.
Oklahoma City, OK metro area Market Trends
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Detailed Market Metrics
Median List Price
$279K
Price per Sq Ft
$160
Sale-to-List Ratio
98.1%
Months of Supply
3.0
Sold Above List
18.4%
Price Drops
29.6%
New Listings
2,379
↓ 0.6% YoY
Pending Sales
2,282
Off Market in 2 Weeks
31.8%
Other Markets in Oklahoma
Tulsa, OK metro area
$275K · 52d on market
Lawton, OK metro area
$168K · 78d on market
Shawnee, OK metro area
$213K · 61d on market
Stillwater, OK metro area
$252K · 43d on market
Bartlesville, OK metro area
$202K · 33d on market
Enid, OK metro area
$175K · 70d on market
Ponca City, OK metro area
$130K · 80d on market
Ardmore, OK metro area
$220K · 107d 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.