What Is the Average Home Price in Oklahoma City?
Buying or selling a home in Oklahoma City always sparks one big question: What’s the average home price right now? Whether you’re a first-time buyer, moving up, or considering listing your property, understanding average home prices can help you set realistic expectations. But as you’ll see, “average” doesn’t tell the whole story—especially in a market as dynamic as OKC.
How much does the average home cost in Oklahoma City?
As of mid-2025, the average home price in Oklahoma City hovers around $285,000–$300,000, depending on the data source and time of year. That’s up from roughly $250,000 just a few years ago. While OKC home prices have risen, they’re still considered affordable compared to the national average, which sits closer to $420,000.
Local buyers are finding that affordability continues to be one of Oklahoma City’s strongest draws. For sellers, that steady appreciation is encouraging, as it shows sustained demand in the metro area.
Why are Oklahoma City home prices rising?
Several factors contribute to the climb in average prices:
Population growth – Oklahoma City has consistently ranked as one of the fastest-growing metros in the region.
Affordable cost of living – Lower everyday expenses make homeownership more attainable compared to larger U.S. cities.
Job market strength – Expanding industries, from energy to aerospace to tech, continue to bring new buyers into the city.
Low housing inventory – Like much of the country, OKC has fewer homes for sale than buyer demand requires, which pushes prices upward.
These trends show that while prices are rising, they’re supported by strong local fundamentals—not just national market shifts.
Which Oklahoma City neighborhoods have higher home prices?
Not all parts of OKC move at the same pace. Here’s a closer look at how prices vary by neighborhood:
Nichols Hills & Gaillardia – Luxury enclaves where average home prices often exceed $700,000.
Edmond – A top choice for families, with prices ranging from the high $300,000s into the $600,000s for newer builds.
Midtown & Downtown OKC – Popular for urban living, with condos and townhomes averaging in the $250,000–$400,000 range.
South OKC & Del City – More budget-friendly, with average prices under $220,000.
If you’re considering a move, checking our neighbourhood guides will give you a better idea of what different areas offer at your price point.
How does Oklahoma City compare to the national housing market?
For buyers relocating from outside Oklahoma, the affordability is striking. In many U.S. metros, a $300,000 budget barely covers a starter home. In OKC, that same budget often gets you a spacious single-family home with a yard.
For sellers, this means the pool of buyers is broad—not just locals but also out-of-state movers looking for better value. That demand helps keep the average home price strong, even as interest rates shift nationally.
What should buyers and sellers take away from these numbers?
For buyers – Don’t get too caught up in the “average” number. Prices vary widely by neighborhood, property type, and condition. Use a [home valuation tool] or explore a [market update page] for up-to-date insights tailored to your search.
For sellers – The upward trend in average prices is encouraging, but your home’s value depends on more than the citywide average. Factors like upgrades, location, and competition in your price range all matter.
The bigger lesson: The average home price is a useful starting point, but real estate decisions in Oklahoma City should always be based on local, specific data.
Is the “average home price” really the best measure?
It’s important to remember that the average is just that—an average. High-end luxury sales can pull it upward, while starter homes keep it balanced. A better measure for some buyers and sellers might be the median price, which currently sits just slightly below the average in OKC.
Ultimately, what matters most is how these numbers intersect with your goals, whether that’s buying your first home, moving up, or maximizing your sale price.
Final Thoughts
The average home price in Oklahoma City tells us a story of growth, affordability, and opportunity. But real estate is never one-size-fits-all. The key is knowing how the citywide trends apply to your specific situation and neighborhood.
As the market continues to shift, one question remains for every buyer and seller: How much does “average” matter when it comes to your next move in Oklahoma City?
Written with insights from the Justiz League Real Estate Team—your trusted local experts in the OKC housing market.