Is Oklahoma City, OK 73189 a buyer’s or seller’s market?
Oklahoma City is a seller’s market. With about 3.2 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.
The Oklahoma City housing market right now
In the three months ending August 31, 2026, 0% of homes in Oklahoma City, OK 73189 sold above their list price, the typical home went under contract in 29 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, 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 (1 days then) and the median sale price rose 29% to $224,903. Overall, Oklahoma City is less competitive than a year ago, which gives buyers more room.
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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 3.2 months of supply in Oklahoma City, OK 73189 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 29 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 100.0% of the list price.
What is the median home price in Oklahoma City?
The median sale price was $224,903 in the three months ending August 31, 2026, about $142 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