Market Intelligence Report — OK-420

Oklahoma City, OK

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OK-09
As of the latest 2026 data
Cooling

Median Listing

$312K
-2.4% YoY

Pending Ratio

0.34
-6.2% YoY

Active Inventory

6,732
+10.5% YoY

Median DOM

57 Days
+9.6% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Oklahoma City market?

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The Oklahoma City market is currently in a Cooling phase, characterized by a pending ratio of 0.34 and a 10.5% year-over-year increase in active listings. This indicates a moderated demand absorption relative to available supply.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.7%+0.3 pp YoY

Unemployment rate · Sep 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

1.51M+0.9% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

617-20.7% YoY

Building permits (private housing units) · Sep 2026

Shows whether future inventory pressure may increase.

U.S. Census Bureau building permits via FRED (St. Louis Fed).

Market Analysis

What's moving the Oklahoma City market right now.

Active listings have expanded by 10.5% over the past year, reaching 6,732 units, while new listings saw a marginal year-over-year increase of 0.6%. The pending ratio has declined by 6.2% year-over-year, settling at 0.34, reflecting a decrease in the rate of demand absorption. Median listing prices experienced a 2.4% year-over-year contraction, with average listing prices declining by 2.9% over the same period.

Michael Carter
Real

“Local pricing and inventory dynamics across Oklahoma City shift block by block — happy to walk through what's actually closing.”

Historical Analysis

Market Trends

Median Price

$312K-0.5% MoM

Active Inventory

6,732+10.5% YoY

Days on Market

57+9.6% YoY

Sold Score™

48-6.2% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

48
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio of 0.34 and expanding active inventory, market dynamics suggest a moderating pace of transactions. The growth in active listings coupled with a lower pending ratio implies reduced pressure on available supply, which typically supports more price discipline and extended negotiation timelines for demand-side participants.

Luxury Segment

Average listing prices registered a 2.9% year-over-year decline, which is a greater decrease than the 2.4% contraction in median listing prices. This divergence, alongside a modest 0.6% year-over-year gain in median $/sqft, suggests a potential softening at the higher price tiers, where price adjustments may be more pronounced.

Supply Dynamics

6,732 active listings represent the current floor, with new supply arriving at roughly 2,254 per month.

Pricing Pressure
23.6%

of active listings carry a price reduction, -0.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +0.6% year-over-year.

Absorption
0.34

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Oklahoma City, OK? Homes here are taking 5 days longer to sell than last year.

Buyers have leverage in Oklahoma City, OK. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
34%
Median Days on Market
57 days
Inventory YoY
+11%

In a buyer's market, strategy beats timing. See how your home scores in Oklahoma City, OK and what moves the number.

See my Sold Score & selling strategy →

Talk to a listing expert who is actively selling in Oklahoma City, OK.

Michael Carter →

Real

How these recommendations are chosen →

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Metro Demographics

Metro Area
Oklahoma City, OK
CBSA Code
36420
State
OK

ZIPs in Oklahoma City, OK

Sorted by active inventory · click a ZIP for its full report

Vetted Local Practitioners

Direct Consultation

Need a real Oklahoma City expert on the phone?

Skip the search. Our vetted local practitioners know the Oklahoma City, OK micro-markets, pricing strategy, and negotiation dynamics — and they answer the phone.

Analysis FAQ
  • What is the current market condition in Oklahoma City?+

    As of the latest 2026 data, the Oklahoma City metro is classified as Cooling. Pending ratio is 0.34 with median days on market at 57.

  • Are home prices dropping in Oklahoma City?+

    Median listing price is $312K, -2.4% year over year. 23.6% of active listings carry a price reduction.

  • How fast are homes selling in Oklahoma City?+

    The typical listing sits 57 days on market, a +9.6% change YoY. New listings are arriving at 2,254 per month.

  • What's happening in the Oklahoma City luxury market?+

    Average listing prices registered a 2.9% year-over-year decline, which is a greater decrease than the 2.4% contraction in median listing prices. This divergence, alongside a modest 0.6% year-over-year gain in median $/sqft, suggests a potential softening at the higher price tiers, where price adjustments may be more pronounced.

  • Where can I find a trusted Oklahoma City real estate expert?+

    Primpted maintains a vetted registry of Oklahoma City agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 36420 · 36mo history