OK · Metro #56

Tulsa - OK housing market

The Tulsa metro has a typical home value of $253,725, up 2.8% from a year ago. Homes are moving fast at 19 days on market - a strong seller's market. 25% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$253,725
+2.8% vs. year ago
Median sale price
$259,374
+3.5% YoY
Median list price
$315,750
Sale-to-list ratio
97.9%
Selling below ask
Days on market
19d
Listings w/ price cut
25.1%
New listings / mo
1,464
+2.2% YoY
Homes for sale
4,513
+5.6% YoY
Typical rent
$1,352/mo
+2.5% YoY
Context

How to read this data

The typical home value ($253,725) is the Zillow Home Value Index for the Tulsa - OK metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.8% over the past year. In Tulsa - OK, that means a home worth $246,814 last year is now worth roughly $253,725.

The median sale price , what homes actually close for , is $259,374. Homes are selling at 97.9% of list price, meaning buyers have room to negotiate.

Homes listed in Tulsa - OK sit on the market for roughly 19 days before going pending. Shorter = seller's market; longer = buyer's market.

About 25.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 1,464 new listings hit the market each month in Tulsa - OK. There are currently 4,513 homes for sale, up 5.6% from a year ago.

The typical monthly rent in Tulsa - OK is $1,352, up 2.5% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

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Related

Other metros in OK

MetroHome value1-yr changeDays on market
Oklahoma City - OK$246,872 +1.0% 22.0d
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