The Oklahoma City real estate market is experiencing notable shifts, and the most recent data reflects a trend of steady increases across several key indicators. From days on market and inventory levels to seller concessions and home prices, the market is showing movement that both buyers and sellers should carefully consider.
📊 Current Market Highlights
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New Listings: Inventory is up 19% year-over-year, giving buyers more choices while creating additional competition for sellers.
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Days on Market: Approximately 60% of homes are taking longer to sell, with median days on market rising from 20 to 32.
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Seller Concessions: Nearly half of sellers are offering concessions, and price reductions are becoming increasingly common.
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Home Prices: Despite these shifts, average home prices have increased by 3.7% compared to last year, signaling that values remain resilient.
**This analysis compares market data from July 2024 to July 2025.
💡 What This Means for You
For Sellers
With more homes hitting the market, buyers now have more choices. That means accurate pricing and strong presentation are more important than ever. The days of overpricing and still getting multiple offers are fading.
If you want your home to stand out:
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Price it competitively based on recent sales.
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Make it move-in ready with small repairs or updates.
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Show it off well with staging and professional photos.
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Homes that check these boxes are still moving quickly, while those that don’t risk sitting on the market much longer.
For Buyers
The good news is that conditions are becoming more favorable for you. Inventory is up, which means more options, and seller concessions—like help with closing costs or price adjustments—are becoming more common. That gives you more negotiating power and flexibility in your search.
At the same time, prices are still trending upward year over year. The takeaway? Don’t wait too long to make your move, or you may face higher costs down the road. Work with a local expert to strike the right balance between patience and decisiveness.
✅ The Bottom Line
The Oklahoma City housing market is adjusting, moving away from the rapid pace of recent years while still demonstrating strength. Both buyers and sellers stand to benefit from thoughtful strategy and informed decision-making in this environment.
If you are considering buying or selling in Oklahoma City, Edmond, Yukon, or the surrounding areas, I would be glad to provide a personalized market analysis and guidance tailored to your goals!
