Oklahoma’s real estate market exhibits steady growth, characterized by rising home values and increasing inventory. Here’s a comprehensive overview:
🏠 Statewide Market Overview
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Median Sale Price: In April 2025, the median home sale price in Oklahoma was $251,100, reflecting a 4.4% increase compared to the previous year.
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Inventory Levels: The number of homes for sale rose by 14.5% year-over-year, indicating a shift towards a more balanced market.
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Days on Market: Homes are spending an average of 45 days on the market, up 12 days from the previous year.
🌆 Regional Highlights
Oklahoma City
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Median Sale Price: In April 2025, the median sale price in Oklahoma City was $266,422, a 2.0% decrease year-over-year.
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Market Activity: Homes are selling after an average of 36 days, compared to 25 days last year. There were 890 homes sold in April, down from 921 the previous year.
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Affordability: Oklahoma City’s median sale price is 39% lower than the national average, making it an attractive market for budget-conscious buyers.
Edmond
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Median Home Price: The median home price in Edmond is approximately $390,000, reflecting a 3.7% increase year-over-year. Homes typically sell within 30–35 days, with strong demand in gated communities and newer developments.
🔮 Market Outlook
Oklahoma’s housing market is expected to maintain its steady growth trajectory through the remainder of 2025. The combination of rising home values and increasing inventory suggests continued competition among buyers, particularly in urban centers like Oklahoma City and Edmond. However, the market remains relatively affordable compared to national averages, making it attractive for both first-time homebuyers and investors.