Is Oklahoma City, OK 73173 a buyer’s or seller’s market?
Oklahoma City is a seller’s market. With about 3.9 months of supply and 13% 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.
More competitive than 33% of U.S. ZIP codes, and #106 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, 13% of homes in Oklahoma City, OK 73173 sold above their list price, the typical home went under contract in 49 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (11% then), homes sold more slowly (19 days then) and the median sale price fell 4% to $538,982. Overall, Oklahoma City is less competitive than a year ago, which gives buyers more room.
Within Cleveland County, homes here sell more slowly than in 80% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Oklahoma City ranks #106 of 172 OK ZIP codes with enough sales (score 35 out of 100).
Nearby, Oklahoma City 73160 (33% sold over asking) and Oklahoma City 73165 (22% sold over asking) are even more competitive.
Run the numbers for 73173
Nearby markets
Lexington 73051Buyer’s market $154 /sq ftNewalla 74857Seller’s market $172 /sq ftNoble 73068Seller’s market $149 /sq ftNorman 73026Seller’s market $169 /sq ft Browse all markets →Towns like Oklahoma City nearby
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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 3.9 months of supply in Oklahoma City, OK 73173 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 49 days in the latest three months.
Do homes in Oklahoma City sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Oklahoma City?
About 1.00% of a home’s value a year in Cleveland County, or roughly $4,000 on a $400,000 home.
What is the median home price in Oklahoma City?
The median sale price was $538,982 in the three months ending August 31, 2026, about $207 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