Is Oklahoma City, OK 73117 a buyer’s or seller’s market?
Oklahoma City is a buyer’s market. With about 7.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 12% of U.S. ZIP codes, and #153 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
The Oklahoma City housing market right now
In the three months ending August 31, 2026, 11% of homes in Oklahoma City, OK 73117 sold above their list price, the typical home went under contract in 69 days and there were 7.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 25%, homes sold faster (74 days then) and the median sale price rose 10% to $200,913. 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 92% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, Oklahoma City ranks #153 of 172 OK ZIP codes with enough sales (score 18 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.
Run the numbers for 73117
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 →Towns like Oklahoma City nearby
Find towns like Oklahoma City in other states →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 buyer’s market: there were 7.1 months of supply in Oklahoma City, OK 73117 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 69 days in the latest three months.
Do homes in Oklahoma City sell over asking?
11% of homes sold above their original list price, and the typical sale closed at 97.3% 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 $200,913 in the three months ending August 31, 2026, about $152 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