Is Oklahoma City, OK 73162 a buyer’s or seller’s market?

The Oklahoma City housing market right now

In the three months ending August 31, 2026, 19% of homes in Oklahoma City, OK 73162 sold above their list price, the typical home went under contract in 14 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 118 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold faster (18 days then) and the median sale price rose 6% to $274,881. Overall, Oklahoma City is more competitive than a year ago, so tougher for buyers.

Within Oklahoma County, homes here sell faster than in 96% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Oklahoma City ranks #21 of 172 OK ZIP codes with enough sales (score 59 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.