Tulsa housing market

Buyer's marketTulsa, OK metro areaData through Sep 2026
Typical home value
$252K
▲ 3.1% 1 yr
Typical rent
$1,375/mo
▲ 3.0% 1 yr
12-month forecast
+2.1%
#253 of 546 metros
Gross rent yield
6.6%
#180 of 546 · U.S. 6.3%
Days to pending
56 days
▲ +2 days 1 yr
Listings with a price cut
30%
▲ +0.9 pts 1 yr

Key takeaways

  • 1The typical home is worth $251,771, up 3.1% in a year and up 27% over five years.
  • 2Zillow forecasts home values rising 2.1% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,375/mo (+3.0% YoY), a 6.6% gross yield, above the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $1,384/mo in principal and interest, $9 more than renting.
  • 5Homes go under contract in 56 days (+2 days vs last year); 30% of listings have had a price cut.
Market temperature
Buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 35/100, #353 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $252K
$149K$181K$213K$245K2016201920222025
Typical monthly rent
Latest $1,375
$893$1,043$1,192$1,3422016201920222025

How fast homes are selling

Days to go under contract
Latest 56
2144679020182020202220242026
Share of listings with a price cut
Latest 29.7%
11.7%17.3%22.9%28.5%20182020202220242026
Homes for sale vs new listings
Latest 4,821
For saleNew listings
1,2312,9214,6106,30020182020202220242026
Share of homes sold above list price
Latest 24.7%
19.7%30.7%41.7%52.7%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $74K
To buy (20% down)To rent
$37K$48K$60K$71K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Tulsa compares

MeasureTulsaUnited StatesRank of 546
Home value, 1-yr change+3.1%+1.2%#191
Home value, 5-yr change+27.3%+19.7%
12-month forecast+2.1%+1.1%#253
Rent, 1-yr change+3.0%+2.7%#304
Gross rent yield6.6%6.3%#180
Price-to-rent ratio15.315.8
Mortgage P&I on typical home$1,384$2,012
Income needed to buy$73,811$100,902
Days to pending5656

Cities in the Tulsa metro

8 cities with home value and rent data.

Tulsa$218K▲ 2.8%$1,273▲ 3.1%7.0%
Broken Arrow$287K▲ 2.1%$1,582▲ 3.6%6.6%
Claremore$262K▲ 3.1%$1,458▲ 2.9%6.7%
Owasso$319K▲ 2.0%$1,375▲ 2.9%5.2%
Bartlesville$188K▲ 4.9%$1,291▲ 2.3%8.2%
Sand Springs$240K▲ 4.9%$1,254▲ 3.6%6.3%
Jenks$355K▲ 2.9%$1,846▲ 3.6%6.2%
Bixby$334K▲ 1.8%$1,927▲ 2.5%6.9%

Run the numbers

Other Oklahoma metros

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.