Oklahoma City housing market
Typical home value
$243K
▲ 1.0% 1 yr
Typical rent
$1,384/mo
▲ 2.4% 1 yr
12-month forecast
+1.5%
#346 of 546 metros
Gross rent yield
6.8%
#149 of 546 · U.S. 6.3%
Days to pending
60 days
▲ +5 days 1 yr
Listings with a price cut
30%
▲ +0.2 pts 1 yr
Key takeaways
- 1The typical home is worth $243,069, up 1.0% in a year and up 24% over five years.
- 2Zillow forecasts home values rising 1.5% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,384/mo (+2.4% YoY), a 6.8% gross yield, above the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $1,336/mo in principal and interest, $48 less than renting.
- 5Homes go under contract in 60 days (+5 days vs last year); 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 31/100, #425 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
How fast homes are selling
For saleNew listings
Affordability
To buy (20% down)To rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Oklahoma City compares
| Measure | Oklahoma City | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +1.0% | +1.2% | #372 |
| Home value, 5-yr change | +23.6% | +19.7% | |
| 12-month forecast | +1.5% | +1.1% | #346 |
| Rent, 1-yr change | +2.4% | +2.7% | #363 |
| Gross rent yield | 6.8% | 6.3% | #149 |
| Price-to-rent ratio | 14.6 | 15.8 | |
| Mortgage P&I on typical home | $1,336 | $2,012 | |
| Income needed to buy | $73,957 | $100,902 | |
| Days to pending | 60 | 56 |
Cities in the Oklahoma City metro
11 cities with home value and rent data.
| Oklahoma City | $205K | ▲ 0.3% | $1,285 | ▲ 2.8% | 7.5% |
| Edmond | $354K | ▲ 0.7% | $1,642 | ▲ 1.9% | 5.6% |
| Norman | $260K | ▲ 0.7% | $1,407 | ▲ 3.1% | 6.5% |
| Yukon | $273K | ▲ 1.0% | $1,564 | ▼ 0.8% | 6.9% |
| Moore | $220K | ▲ 0.1% | $1,481 | ▲ 2.2% | 8.1% |
| Midwest City | $168K | ▲ 0.7% | $1,245 | ▲ 2.5% | 8.9% |
| Mustang | $278K | ▲ 1.2% | $1,682 | ▲ 1.2% | 7.3% |
| Del City | $138K | ▲ 0.2% | $1,206 | ▲ 4.0% | 10.5% |
| Bethany | $175K | ▼ 1.2% | $1,266 | ▲ 0.2% | 8.7% |
| El Reno | $183K | ▲ 4.4% | $1,319 | ▲ 1.7% | 8.7% |
| Newcastle | $292K | ▲ 0.4% | $1,544 | ▲ 1.0% | 6.3% |
Run the numbers
Rental property calculator
Cash flow on a typical Oklahoma City rental ($243K, $1,384/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Oklahoma City home.
Rent vs buy
Is it cheaper to rent or buy in Oklahoma City?
Other Oklahoma metros
Tulsa, OK
$252K home$1,375 rent6.6% yield
▲ 3.1% 1 yr
Lawton, OK
$157K home$1,126 rent8.6% yield
▲ 6.4% 1 yr
Stillwater, OK
$242K home$1,261 rent6.3% yield
▲ 4.1% 1 yr
Shawnee, OK
$193K home$1,080 rent6.7% yield
▲ 3.6% 1 yr
Muskogee, OK
$153K home$1,048 rent8.2% yield
▲ 3.5% 1 yr
Enid, OK
$141K home$1,116 rent9.5% yield
▲ 2.8% 1 yr
Ardmore, OK
$184K home$1,125 rent7.3% yield
▲ 1.1% 1 yr
Bartlesville, OK
$185K home$1,286 rent8.3% yield
▲ 5.5% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.