Markets › Oklahoma
Oklahoma housing market
In the Sooner State, part of the Census Bureau's West South Central division, Pecan Street tracks three markets. Median sale prices run from $164K in Lawton to $273K in Oklahoma City as of Aug 2026. Two of three are higher than a year earlier and one is lower; Tulsa leads at +2.9% and Oklahoma City trails at -0.9%.
Homes sit longest in Tulsa (60 median days on market) and sell fastest in Oklahoma City (57 days). The share of active listings with a price cut runs from 25% in Lawton to 45% in Tulsa. Price-to-rent ratios run from about 10 in Lawton to 13 in Tulsa, measured as years of HUD Fair Market Rent per median sale price. Among the 195 U.S. metros Pecan Street tracks, the Lawton metro has the 15th-lowest share of listings with a price cut. Oklahoma's unemployment rate was 4.3% in Aug 2026 (BLS via FRED). The national rate was 4.2% in Sep 2026.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Lawton | $164K | +1.1% | 59 | 25% | ≈ 10 |
| Oklahoma City | $273K | -0.9% | 57 | 39% | ≈ 13 |
| Tulsa | $257K | +2.9% | 60 | 45% | ≈ 13 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.