49Alpha

Oklahoma City, OK metro area Housing Market Brief

metro · OK · as of August 2026

Balanced

What is Oklahoma City, OK metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+6.450
Inventory Health25%
+1.536
Affordability20%
+1.866
Economic Strength20%
45
Rental Yield15%
-1.153

Where is Oklahoma City, OK metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Oklahoma City, OK metro area is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Oklahoma City, OK metro area?

Our model forecasts Oklahoma City, OK metro area’s home prices to rise about 4.3% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Oklahoma City, OK metro area housing market data

MetricValueYoY
Median Sale Price$279K-0.3%
Median Days on Market52 days▲ +6.1%
Months of Supply3.8▲ +5.6%
Homes for Sale6,601▲ +3.4%
Homes Sold2,042▲ +0.7%
Median Price / Sq Ft$160▲ +0.2%

How has Oklahoma City, OK metro area’s Alpha Score moved?

Now: 49
12-period trend
Median sale price · 12 mo

Markets like Oklahoma City, OK metro area

Frequently asked questions

Is Oklahoma City, OK metro area a buyer's or seller's market?

As of August 2026, Oklahoma City, OK metro area is classified as a Balanced Market, based on its Alpha Score of 49 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Oklahoma City, OK metro area?

The median sale price in Oklahoma City, OK metro area is $279K, having held roughly steady over the past year.

How affordable is Oklahoma City, OK metro area?

Oklahoma City, OK metro area scores 66 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Oklahoma City, OK metro area's Alpha Score?

Oklahoma City, OK metro area's strongest dimension is Affordability (66/100) and its weakest is Inventory Health (36/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Oklahoma City, OK metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.