Is Tulsa, OK 74120 a buyer’s or seller’s market?
Tulsa is a seller’s market. With about 2.2 months of supply and 15% 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 45% of U.S. ZIP codes, and #72 of 173 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 July 31, 2026. See the breakdown
The Tulsa housing market right now
In the three months ending August 31, 2026, 15% of homes in Tulsa, OK 74120 sold above their list price, the typical home went under contract in 16 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 40%, homes sold about as fast and the median sale price fell 19% to $414,821. Overall, Tulsa is less competitive than a year ago, which gives buyers more room.
Within Tulsa County, homes here sell faster than in 81% of the county’s ZIP codes, and sell less often over asking than in 74%.
Nearby, buyers who want less competition could look at Tulsa 74117 (0% sold over asking) or Tulsa 74116 (0% sold over asking), while Glenpool 74033 (35% sold over asking) and Tulsa 74129 (34% sold over asking) are even more competitive.
Run the numbers for 74120
Nearby markets
Bixby 74008Seller’s market $172 /sq ftBroken Arrow 74011Seller’s market $162 /sq ftBroken Arrow 74012Seller’s market $154 /sq ftCollinsville 74021Seller’s market $172 /sq ft Browse all markets →Towns like Tulsa nearby
Find towns like Tulsa in other states →Where Tulsa is
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Questions about Tulsa real estate
Is Tulsa a buyer’s or seller’s market?
A seller’s market: there were 2.2 months of supply in Tulsa, OK 74120 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 Tulsa?
The typical home went under contract in 16 days in the latest three months.
Do homes in Tulsa sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 97.5% of the list price.
What are property taxes in Tulsa?
About 0.97% of a home’s value a year in Tulsa County, or roughly $3,880 on a $400,000 home.
What is the median home price in Tulsa?
The median sale price was $414,821 in the three months ending August 31, 2026, about $188 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