Oklahoma Real Estate Market Update: June 2026 This report provides a factual overview of key real estate market indicators for Oklahoma as of June 2026, relevant for For Sale By Owner (FSBO) sellers.
Median Home Prices As of June 2026, the statewide median home price in Oklahoma reached approximately $265,000.
This represents a 4.7% increase compared to the median price observed in June 2025.
Metropolitan areas such as Oklahoma City and Tulsa continued to report higher median prices, with Oklahoma City's median home price around $285,000 and Tulsa's at approximately $270,000.
Rural and exurban areas generally maintained lower median price points, though they also experienced year-over-year appreciation.
The overall trend indicates a continued upward trajectory in home values across the state.
Days on Market (DOM) The average Days on Market (DOM) for homes sold across Oklahoma in June 2026 stood at 38 days.
This figure reflects the time from listing to contract signing.
This is a slight increase from the 34 days recorded in June 2025, suggesting a modest shift in market pace.
In the Oklahoma City metro area, the average DOM was 32 days, while in the Tulsa metro area, it was 35 days.
Properties in highly desirable neighborhoods or those priced competitively often sold faster than the statewide average, sometimes within two to three weeks.
Conversely, properties requiring significant updates or those at the higher end of the price spectrum tended to remain on the market longer.
Buyer Demand Buyer demand in Oklahoma remained robust through June 2026, though showing signs of stabilization compared to the peak intensity of previous years.
Mortgage interest rates, while fluctuating, have settled into a range that continues to support buyer activity.
The number of pending sales statewide increased by 3.1% compared to June 2025, indicating sustained buyer interest.
First-time homebuyers continued to be a significant segment of the market, particularly for homes in the $200,000 to $275,000 range.
Investor activity remained present but was less dominant than in earlier periods, focusing more on specific niche markets.
Multiple offer situations were still observed for well-maintained, appropriately priced properties, particularly in suburban areas with good school districts.
Inventory Levels Statewide housing inventory levels in Oklahoma saw a modest increase in June 2026, reaching approximately 2.8 months of supply.
This is up from 2.4 months of supply in June 2025.
While this represents a slight loosening of the market, it still indicates a seller's market, as a balanced market is typically considered to have 5-6 months of supply.
The total number of active listings increased by 7.5% year-over-year.
New construction continued to contribute to the available housing stock, particularly in growth corridors around Oklahoma City and Tulsa.
Despite the increase, the supply of existing homes, especially those in move-in ready condition, remained relatively constrained in many areas.