Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$243,069+1.0% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$52,692About 0.7× the local median income ($74,122): affordable for a typical household
Days on market60 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 City, OK is worth $243,069, up 1.0% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $229,105, so the area is 6.1% overvalued. It is a buyer's market: homes take about 60 days to sell, listings are up 10% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 1.5% over the next year. A household needs about $52,692 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 $74,122. Typical rent is $1,384 a month, or $1,560 for a house. In the latest IRS figures, 5,131 more people moved in than out.
Home value over time
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
$243,069
Change in 1 year
+1.0%
Overvalued %
+6.1%
Show 7 more
Fair home value
$229,105
Change in 5 years
+23.6%
Zillow forecast, next 12 months
+1.5%
Home value to income
3.3×
Monthly mortgage payment (20% down)
$1,317
Income needed to afford it
$52,692
Property tax rate
0.94%
Rent and investing
Typical rent
$1,384
Typical rent for houses
$1,560
Price-to-rent ratio
14.6×
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HUD Fair Market Rent, 2 bedrooms
$1,246
Gross rental yield
6.83%
Cap rate (estimate)
4.44%
Market activity
Listings vs a year ago
+10.1%
Days on market
60
Listings with a price cut
21.8%
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Homes for sale
6,819
Pending sales per 100 listings
30
Asking price per sq ft
$170
People and jobs
Median household income
$74,122
Population change (1 year)
+0.9%
Unemployment rate
4.7%
Show 4 more
Population
1,512,813
Income adjusted for cost of living
$81,993
Net moves in (IRS)
+5,131
Cost of living (US = 100)
90.4
Schools, risk and environment
School rating (1 to 10)
5.8
FEMA hazard risk score (0 to 100)
91.3
Unhealthy air days a year
5
Show 4 more
Flood risk score
87.4
Wildfire risk score
87.3
Walkability (1 to 20)
8.9
Road, rail and air noise
53 dB
Questions people ask
Is Oklahoma City, OK overvalued?
Home prices in Oklahoma City, OK are slightly above what local incomes have historically supported: fair value is about $229,105, so the area is 6.1% overvalued.
Is Oklahoma City, OK a buyer's or seller's market?
Oklahoma City, OK is a buyer's market: homes take about 60 days to sell, listings are up 10% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Oklahoma City, OK?
Home values in Oklahoma City, OK are up 1.0% 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 City, OK?
A household needs about $52,692 a year to afford the typical home in Oklahoma City, OK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $74,122.