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Tulsa, 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$251,771+3.1% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 24% have cut their price
Income needed to buy, per year$54,579About 0.8× the local median income ($70,798): affordable for a typical household
Days on market64 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+2.1%Zillow expects prices to rise slightly

The typical home in Tulsa, OK is worth $251,771, up 3.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $223,439, so the area is 12.7% overvalued. It is a balanced market, leaning toward buyers: homes take about 64 days to sell, listings are up 8% from a year ago, 24% of listings have had a price cut. Zillow expects prices to rise about 2.1% over the next year. A household needs about $54,579 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 $70,798. Typical rent is $1,375 a month, or $1,614 for a house. In the latest IRS figures, 3,945 more people moved in than out.

Home value over time

$0K$50K$100K$150K$200K$250K19801990200020102020
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$251,771
Change in 1 year+3.1%
Overvalued %+12.7%
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Fair home value$223,439
Change in 5 years+27.3%
Zillow forecast, next 12 months+2.1%
Home value to income3.6×
Monthly mortgage payment (20% down)$1,364
Income needed to afford it$54,579
Property tax rate0.86%

Rent and investing

Typical rent$1,375
Typical rent for houses$1,614
Price-to-rent ratio15.3×
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HUD Fair Market Rent, 2 bedrooms$1,214
Gross rental yield6.55%
Cap rate (estimate)4.26%

Market activity

Listings vs a year ago+7.6%
Days on market64
Listings with a price cut24.3%
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Homes for sale3,675
Pending sales per 100 listings32
Asking price per sq ft$167

People and jobs

Median household income$70,798
Population change (1 year)+0.8%
Unemployment rate5.1%
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Population1,069,273
Income adjusted for cost of living$79,370
Net moves in (IRS)+3,945
Cost of living (US = 100)89.2

Schools, risk and environment

School rating (1 to 10)5.8
FEMA hazard risk score (0 to 100)90.6
Unhealthy air days a year2
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Flood risk score89.1
Wildfire risk score90.2
Walkability (1 to 20)9.0
Road, rail and air noise53 dB

Questions people ask

Is Tulsa, OK overvalued?
Home prices in Tulsa, OK are well above what local incomes have historically supported: fair value is about $223,439, so the area is 12.7% overvalued.
Is Tulsa, OK a buyer's or seller's market?
Tulsa, OK is a balanced market, leaning toward buyers: homes take about 64 days to sell, listings are up 8% from a year ago, 24% of listings have had a price cut.
Are home prices going down in Tulsa, OK?
Home values in Tulsa, OK are up 3.1% over the last year. Zillow's forecast for the next 12 months is +2.1%.
How much do you need to earn to buy a home in Tulsa, OK?
A household needs about $54,579 a year to afford the typical home in Tulsa, OK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,798.

Counties in this metro

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