Oklahoma City, OK housing market data: median home price, year-over-year appreciation, inventory, months of supply, days on market, affordability, and what it
Oklahoma City, OK is currently a balanced market. The median sale price sits near $262,000, up 3.2% from a year ago, with roughly 13,557 active listings and 3.4 months of supply. Homes are going under contract in about 33 days on average.
Oklahoma City, OK is currently a balanced market. The median sale price sits near $262,000, up 3.2% from a year ago, with roughly 13,557 active listings and 3.4 months of supply. Homes are going under contract in about 33 days on average.
Affordability remains the binding constraint. At the current national average 30-year fixed rate near 6.42%, the typical payment on a median-priced home in Oklahoma City, OK runs about $1,744 per month including taxes and insurance, against a median rent near $1,507. That gap is what determines whether purchase conversations in this market start with payment, with price, or with a buydown structure.
Supply is close to balance, with price reductions on about 29% of active listings. Builder incentives are selective, and permits are running near 7,127 annualized units.
For originators, the practical read is this: buyers have negotiating room again, so seller-paid temporary buydowns and closing cost credits are the highest-leverage tools in your kit.
Oklahoma City, OK currently reads as a balanced market with 3.4 months of supply. Balanced is generally considered four to six months, so this market is close to balance.
The median sale price is approximately $262,000 as of 7/24/2026, up 3.2% from a year earlier.
No. Median prices are up about 3.2% year over year, though the pace of appreciation has slowed considerably from the 2021 peak.
The typical down payment on a closed transaction is near $38,504, and the resulting payment at the current national average 30-year fixed rate is roughly $1,744 per month including taxes and insurance. Low-down-payment FHA, VA, and conventional 3% options can materially reduce the cash required.
Our directional 12-month range is +1.6% to +5.0% on median price. Confidence is moderate; the rate path is the dominant variable.
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