Tulsa, OK Housing Market Report

The Tulsa housing market as of December 2025 exhibits a transition toward a more balanced environment, though it remains slightly tilted in favor of sellers due to a high sale-to-list ratio of 0.99. While the median home value has reached $210,923, representing a modest 2.42% year-over-year increase, the most notable shift is the significant rise in active inventory. With 4,367 homes currently on the market—a 9.18% increase from last year—buyers are finally seeing more options, which has contributed to homes staying on the market for an average of 73 days, up by a week compared to 2024.

Price trends over the last six months indicate a steady and accelerating upward trajectory. After a period of relative stagnation in mid-summer, values began to climb more aggressively in the fourth quarter, rising from $206,841 in July to nearly $211,000 by year-end. This consistent monthly growth suggests that despite higher inventory levels, demand remains resilient. The rental market mirrors this stability, with median rents rising 2.59% to $1,231, reinforcing Tulsa's reputation as one of the more affordable mid-sized metro areas in the country.

Looking ahead, the Tulsa market offers a unique opportunity for both parties. Sellers can still expect to receive nearly their full asking price, but they must be prepared for longer wait times and increased competition from other listings. For buyers, the increase in days on market and inventory provides more leverage for negotiations and inspections than in previous years. As long as the local economy continues to support steady migration and employment, Tulsa is expected to maintain its slow but steady appreciation, avoiding the volatile price swings seen in larger coastal markets.