The Oklahoma City metro housing market is wrapping up 2025 with steady activity, more listings, and stable prices…a sign that balance is returning after several years of rapid change.
More Homes Hitting the Market
New listings surged 28.8% compared to last October, with 3,362 homes hitting the market. Year-to-date, listings are up 11.6%, meaning more options for buyers across the metro. This rise in inventory has brought some breathing room to buyers who faced tight competition over the past few years.
Buyer Activity Remains Strong
Pending sales climbed 14.3% from last year, showing solid buyer demand despite higher mortgage rates. Closed sales dipped slightly by 1.8% for the month but are still up 1.6% year-to-date, a sign of consistent activity.
Prices Hold Steady
The average sales price increased 1.4% to $317,293. Year-to-date, the average price is up 4.8%, reflecting steady appreciation and overall market health.
Homes Taking a Bit Longer to Sell
Homes spent an average of 50 days on the market, up from 45 days a year ago. That’s still a manageable timeline, just a touch longer as buyers weigh their options in a more balanced market.
More Choices for Buyers
Inventory across the OKC metro increased 34.1%, with 8,624 homes currently on the market. The months’ supply of inventory rose from 3.4 to 4.3 months, signaling a transition toward equilibrium…neither a strict seller’s market nor a buyer’s market.
The Big Picture
The OKC metro market remains strong and steady. Prices are holding firm, listings are growing, and buyers are staying active. After years of rapid growth, 2025 is shaping up to be a year of normalization where both buyers and sellers can make moves confidently. This balanced environment is creating opportunities for everyone…buyers benefit from more selection and negotiation room. Sellers still enjoy healthy prices and motivated buyers.
As we move into the end of 2025, Oklahoma City’s housing market looks healthy, sustainable, and poised for steady growth.
*October 2025 stats from MLSOK