Is Oklahoma City, OK 73120 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Oklahoma City is a seller’s market. With about 3.4 months of supply and 14% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score44/ 100

More competitive than 44% of U.S. ZIP codes, and #78 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 supply3.4Under 4 months = seller’s market
Sold above original list14.2%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market25Listing to accepted offer
Median price per sq ft$167▲ +1.0% vs. last year

The Oklahoma City housing market right now

In the three months ending August 31, 2026, 14% of homes in Oklahoma City, OK 73120 sold above their list price, the typical home went under contract in 25 days and there were 3.4 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 174 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (14% then), homes sold faster (27 days then) and the median sale price fell 6% to $264,885. Overall, Oklahoma City is about as competitive as it was a year ago.

Within Oklahoma County, homes here sell faster than in 65% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Oklahoma City ranks #78 of 172 OK ZIP codes with enough sales (score 44 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 seller’s market: there were 3.4 months of supply in Oklahoma City, OK 73120 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 25 days in the latest three months.

Do homes in Oklahoma City sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 97.9% 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 $264,885 in the three months ending August 31, 2026, about $167 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