Tulsa, OK metro area Housing Market

Cool Market

Comprehensive housing market data for the Tulsa, OK metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$265K

5.4% YoY

Days on Market

54 days

12.5% YoY

Active Inventory

3,238

3.3% YoY

Homes Sold

790

4.2% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Tulsa, OK metro area Market Summary

The Tulsa, OK metro area housing market is cooling down. As of January 2026, the median home sale price is $265K, up 5.4% year-over-year. Homes are spending a median of 54 days on the market, 12.5% longer than a year ago.

There are 3,238 homes for sale — 3.3% more than last year. With 4.1 months of supply, this is a balanced market. 1,079 new listings were added during this period, down 11.7% year-over-year.

Homes are selling for 97.7% of their list price on average, suggesting room for negotiation. 21.9% of homes sell above their asking price. 27.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

78

Contributing Factors

Months of Supply 4.1
Days on Market 54
Price Drops 27.0%
Sale-to-List Ratio 97.7%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $423K) 37.3%
Days on Market (National: 66) 18.2%
Inventory (National: 1,210,379) 99.7%

vs. Oklahoma Median

Median Price (Oklahoma: $245K) 8.3%
Days on Market (Oklahoma: 63) 14.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 37% below the national median, which could indicate stronger cash flow potential.

Tulsa, OK metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$293K

Price per Sq Ft

$155

Sale-to-List Ratio

97.7%

Months of Supply

4.1

Sold Above List

21.9%

Price Drops

27.0%

New Listings

1,079

11.7% YoY

Pending Sales

1,070

Off Market in 2 Weeks

26.2%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.