Ponca City, OK metro area Housing Market

Cold Market

Comprehensive housing market data for the Ponca 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

$130K

16.1% YoY

Days on Market

80 days

48.1% YoY

Active Inventory

178

18.7% YoY

Homes Sold

55

41.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Ponca City, OK metro area Market Summary

The Ponca City, OK metro area housing market is cooling down. As of March 2026, the median home sale price is $130K, down 16.1% year-over-year. Homes are spending a median of 80 days on the market, 48.1% longer than a year ago.

There are 178 homes for sale — 18.7% more than last year. With 3.2 months of supply, this is a seller's market. 73 new listings were added during this period, up 37.7% year-over-year.

Homes are selling for 92.9% of their list price on average, suggesting room for negotiation. 5.5% of homes sell above their asking price. 16.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

76

Contributing Factors

Months of Supply 3.2
Days on Market 80
Price Drops 16.9%
Sale-to-List Ratio 92.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 70.2%
Days on Market (National: 55) 45.5%
Inventory (National: 1,314,690) 100.0%

vs. Oklahoma Median

Median Price (Oklahoma: $257K) 49.4%
Days on Market (Oklahoma: 62) 29.0%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 70% below the national median, which could indicate stronger cash flow potential.

Ponca City, OK metro area Market Trends

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Detailed Market Metrics

Median List Price

$180K

Price per Sq Ft

$94

Sale-to-List Ratio

92.9%

Months of Supply

3.2

Sold Above List

5.5%

Price Drops

16.9%

New Listings

73

37.7% YoY

Pending Sales

49

Off Market in 2 Weeks

42.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.