Tulsa, OK metro area Housing Market

Cool Market

Comprehensive housing market data for the Tulsa, 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

1.3% YoY

Days on Market

52 days

36.8% YoY

Active Inventory

3,031

1.3% YoY

Homes Sold

1,165

12.2% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Tulsa, OK metro area Market Summary

The Tulsa, OK metro area housing market is cooling down. As of March 2026, the median home sale price is $275K, up 1.3% year-over-year. Homes are spending a median of 52 days on the market, 36.8% longer than a year ago.

There are 3,031 homes for sale — 1.3% fewer than last year. With 2.6 months of supply, this is a seller's market. 1,465 new listings were added during this period, down 3.4% year-over-year.

Homes are selling for 97.9% of their list price on average, suggesting room for negotiation. 21.9% of homes sell above their asking price. 32.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 2.6
Days on Market 52
Price Drops 32.6%
Sale-to-List Ratio 97.9%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 37.1%
Days on Market (National: 55) 5.5%
Inventory (National: 1,314,690) 99.8%

vs. Oklahoma Median

Median Price (Oklahoma: $257K) 6.8%
Days on Market (Oklahoma: 62) 16.1%

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.

Tulsa, OK metro area Market Trends

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Detailed Market Metrics

Median List Price

$295K

Price per Sq Ft

$157

Sale-to-List Ratio

97.9%

Months of Supply

2.6

Sold Above List

21.9%

Price Drops

32.6%

New Listings

1,465

3.4% YoY

Pending Sales

1,406

Off Market in 2 Weeks

38.1%

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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.