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Is Oklahoma City, OK 73163 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 1.6 months of supply and 0% 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.

Months of supply1.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.8%Sold price ÷ list price
Median days on market51Listing to accepted offer
Median price per sq ft$124▲ +95.1% vs. last year

The Oklahoma City housing market right now

In the three months ending August 31, 2026, 0% of homes in Oklahoma City, OK 73163 sold above their list price, the typical home went under contract in 51 days and there were 1.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (16 days then) and the median sale price rose 195% to $162,430. Overall, Oklahoma City is less competitive than a year ago, which gives buyers more room.

Run the numbers for 73163

Prefilled for 73163Can I win this house?Multiple-offer likelihood for a listing Prefilled for 73163Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

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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 1.6 months of supply in Oklahoma City, OK 73163 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 51 days in the latest three months.

Do homes in Oklahoma City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.8% of the list price.

What is the median home price in Oklahoma City?

The median sale price was $162,430 in the three months ending August 31, 2026, about $124 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