The Oklahoma housing market has remained surprisingly resilient in recent years, thanks to its affordability, growing job markets, and influx of remote workers. As we enter 2025, both buyers and sellers are asking: What’s next?
Here’s a breakdown of key trends shaping Oklahoma’s real estate market—and how to navigate them.
🏡 Home Prices Holding Strong
- 2024 median home price (statewide): ~$215,000
- 2025 expected growth: 3–5%
- Oklahoma homes are still some of the most affordable in the U.S., but some regions (like Edmond, Norman, and Broken Arrow) are seeing steady appreciation.
- Pro Tip for Buyers: Get pre-approved and act fast in competitive school districts.
🏗️ New Construction Is Ramping Up
- Builders are targeting suburbs around Tulsa and OKC.
- More 3- and 4-bedroom homes with open floor plans and energy efficiency.
- Best areas for new builds: Mustang, Moore, Jenks, and Owasso.
- Pro Tip for Sellers: Older homes need to stand out—consider updates or staging.
📊 Inventory Still Tight—but Easing
- Listings are up 9% YoY, but demand still outpaces supply in many cities.
- Seller Insight: Well-priced homes sell fast—sometimes in under 10 days in hot markets.
- Buyer Insight: More options are available than in 2022–23, but act quickly.
🔑 Key Takeaways for 2025
✅ Good time to sell before interest rates potentially dip further
✅ Buyers should shop around for the best mortgage terms
✅ Strong demand in the $180K–$300K price range
✅ Opportunity in fixer-uppers and small-town markets