Is Oklahoma City, OK 73111 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Oklahoma City is a balanced market. With about 5.6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score16/ 100

More competitive than 9% of U.S. ZIP codes, and #164 of 172 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.6Under 4 months = seller’s market
Sold above original list9.5%Share of sales, last 3 months
Median sale-to-list97.2%Sold price ÷ list price
Median days on market104Listing to accepted offer
Median price per sq ft$111▼ −4.5% vs. last year

The Oklahoma City housing market right now

In the three months ending August 31, 2026, 10% of homes in Oklahoma City, OK 73111 sold above their list price, the typical home went under contract in 104 days and there were 5.6 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 30%, homes sold more slowly (21 days then) and the median sale price fell 11% to $130,943. Overall, Oklahoma City is less competitive than a year ago, which gives buyers more room.

Within Oklahoma County, homes here sell more slowly than in 98% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Oklahoma City ranks #164 of 172 OK ZIP codes with enough sales (score 16 out of 100).

Nearby, buyers who want less competition could look at Oklahoma City 73169 (0% sold over asking) or Oklahoma City 73149 (0% sold over asking), while Oklahoma City 73115 (40% sold over asking) and Oklahoma City 73128 (37% sold over asking) are even more competitive.

Nearby markets

Arcadia 73007Buyer’s market $230 /sq ftBethany 73008Seller’s market $139 /sq ftChoctaw 73020Seller’s market $176 /sq ftEdmond 73003Seller’s market $161 /sq ft Browse all markets →

Where Oklahoma City is

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Questions about Oklahoma City real estate

Is Oklahoma City a buyer’s or seller’s market?

A balanced market: there were 5.6 months of supply in Oklahoma City, OK 73111 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Oklahoma City?

The typical home went under contract in 104 days in the latest three months.

Do homes in Oklahoma City sell over asking?

10% of homes sold above their original list price, and the typical sale closed at 97.2% of the list price.

What are property taxes in Oklahoma City?

About 0.97% of a home’s value a year in Oklahoma County, or roughly $3,880 on a $400,000 home.

What is the median home price in Oklahoma City?

The median sale price was $130,943 in the three months ending August 31, 2026, about $111 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology