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Oklahoma County, OK housing market

Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources

Typical home value$221,970+0.5% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 23% have cut their price
Income needed to buy, per year$48,119About 0.7× the local median income ($68,006): affordable for a typical household
Days on market59 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.5%Zillow expects prices to rise slightly

The typical home in Oklahoma County, OK is worth $221,970, up 0.5% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $211,845, so the area is 4.8% overvalued. It is a buyer's market: homes take about 59 days to sell, listings are up 13% from a year ago, 23% of listings have had a price cut. Zillow expects prices to rise about 1.5% over the next year. A household needs about $48,119 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,006. Typical rent is $1,341 a month, or $1,512 for a house. In the latest IRS figures, 826 more people moved out than in.

Home value over time

$0K$50K$100K$150K$200K19801990200020102020
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.

Prices and affordability

Typical home value$221,970
Change in 1 year+0.5%
Overvalued %+4.8%
Show 7 more
Fair home value$211,845
Change in 5 years+21.3%
Zillow forecast, next 12 months+1.5%
Home value to income3.3×
Monthly mortgage payment (20% down)$1,203
Income needed to afford it$48,119
Property tax rate0.97%

Rent and investing

Typical rent$1,341
Typical rent for houses$1,512
Price-to-rent ratio13.8×
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HUD Fair Market Rent, 2 bedrooms$1,264
Gross rental yield7.25%
Cap rate (estimate)4.71%

Market activity

Listings vs a year ago+13.2%
Days on market59
Listings with a price cut23.4%
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Homes for sale3,340
Pending sales per 100 listings30
Asking price per sq ft$167

People and jobs

Median household income$68,006
Population change (1 year)+0.5%
Unemployment rate4.8%
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Population822,125
Income adjusted for cost of living$75,228
Net moves in (IRS)−826
Cost of living (US = 100)90.4

Schools, risk and environment

School rating (1 to 10)4.7
FEMA hazard risk score (0 to 100)97.9
Unhealthy air days a year7
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Flood risk score97.6
Wildfire risk score88.9
Walkability (1 to 20)10.1
Road, rail and air noise53 dB

Questions people ask

Is Oklahoma County, OK overvalued?
Home prices in Oklahoma County, OK are slightly above what local incomes have historically supported: fair value is about $211,845, so the area is 4.8% overvalued.
Is Oklahoma County, OK a buyer's or seller's market?
Oklahoma County, OK is a buyer's market: homes take about 59 days to sell, listings are up 13% from a year ago, 23% of listings have had a price cut.
Are home prices going down in Oklahoma County, OK?
Home values in Oklahoma County, OK are up 0.5% over the last year. Zillow's forecast for the next 12 months is +1.5%.
How much do you need to earn to buy a home in Oklahoma County, OK?
A household needs about $48,119 a year to afford the typical home in Oklahoma County, OK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $68,006.

Nearby and similar counties

ZIP codes in Oklahoma County (open on the map)

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