Oklahoma 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$220,801+2.6% YoY · prices are rising
Market right nowBalanced, leaning buyersMore homes for sale than last year, 20% have cut their price
Income needed to buy, per year$47,865About 0.7× the local median income ($66,124): affordable for a typical household
Days on market67 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.8%Zillow expects prices to rise slightly
The typical home in Oklahoma is worth $220,801, up 2.6% from a year ago. That is well above what local incomes have historically supported: fair value is about $199,777, so the area is 10.5% overvalued. It is a balanced market, leaning toward buyers: homes take about 67 days to sell, listings are up 7% from a year ago, 20% of listings have had a price cut. Zillow expects prices to rise about 1.8% over the next year. A household needs about $47,865 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 $66,124. In the latest IRS figures, 12,873 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 | $220,801 |
| Change in 1 year | +2.6% |
| Overvalued % | +10.5% |
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| Fair home value | $199,777 |
| Change in 5 years | +25.9% |
| Zillow forecast, next 12 months | +1.8% |
| Home value to income | 3.3× |
| Monthly mortgage payment (20% down) | $1,197 |
| Income needed to afford it | $47,865 |
| Property tax rate | 0.80% |
Rent and investing
| HUD Fair Market Rent, 2 bedrooms | $1,129 |
Market activity
| Listings vs a year ago | +7.3% |
| Days on market | 67 |
| Listings with a price cut | 20.1% |
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| Homes for sale | 17,315 |
| Pending sales per 100 listings | 29 |
| Asking price per sq ft | $162 |
People and jobs
| Median household income | $66,124 |
| Population change (1 year) | +0.6% |
| Unemployment rate | 5.0% |
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| Population | 4,123,288 |
| Income adjusted for cost of living | $75,312 |
| Net moves in (IRS) | +12,873 |
| Cost of living (US = 100) | 87.8 |
Schools, risk and environment
| FEMA hazard risk score (0 to 100) | 82.4 |
| Unhealthy air days a year | 4 |
| Flood risk score | 76.8 |
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| Wildfire risk score | 86.9 |
| Walkability (1 to 20) | 8.0 |
| Road, rail and air noise | 53 dB |
Questions people ask
- Is Oklahoma overvalued?
- Home prices in Oklahoma are well above what local incomes have historically supported: fair value is about $199,777, so the area is 10.5% overvalued.
- Is Oklahoma a buyer's or seller's market?
- Oklahoma is a balanced market, leaning toward buyers: homes take about 67 days to sell, listings are up 7% from a year ago, 20% of listings have had a price cut.
- Are home prices going down in Oklahoma?
- Home values in Oklahoma are up 2.6% over the last year. Zillow's forecast for the next 12 months is +1.8%.
- How much do you need to earn to buy a home in Oklahoma?
- A household needs about $47,865 a year to afford the typical home in Oklahoma at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $66,124.
Metro areas
Counties
Adair CountyAlfalfa CountyAtoka CountyBeaver CountyBeckham CountyBlaine CountyBryan CountyCaddo CountyCanadian CountyCarter CountyCherokee CountyChoctaw CountyCimarron CountyCleveland CountyCoal CountyComanche CountyCotton CountyCraig CountyCreek CountyCuster CountyDelaware CountyDewey CountyEllis CountyGarfield CountyGarvin CountyGrady CountyGrant CountyGreer CountyHarmon CountyHarper CountyHaskell CountyHughes CountyJackson CountyJefferson CountyJohnston CountyKay CountyKingfisher CountyKiowa CountyLatimer CountyLe Flore CountyLincoln CountyLogan CountyLove CountyMajor CountyMarshall CountyMayes CountyMcClain CountyMcCurtain CountyMcIntosh CountyMurray CountyMuskogee CountyNoble CountyNowata CountyOkfuskee CountyOklahoma CountyOkmulgee CountyOsage CountyOttawa CountyPawnee CountyPayne CountyPittsburg CountyPontotoc CountyPottawatomie CountyPushmataha CountyRoger Mills CountyRogers CountySeminole CountySequoyah CountyStephens CountyTexas CountyTillman CountyTulsa CountyWagoner CountyWashington CountyWashita CountyWoods CountyWoodward County