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Tulsa, OK

Single-Family Homes

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Tulsa, OK

Sat Nov 27 2021
This week the median list price for Tulsa, OK is $260,000 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has decreased to 487. Click here to stay informed with the Tulsa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Tulsa, OK

Sat Nov 27 2021
This week the median list price for Tulsa, OK is $260,000 with the market action index hovering around 59. This is about the same as last month's market action index of 59. Inventory has decreased to 487. Click here to stay informed with the Tulsa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Tulsa market.
Median List Price $260,000
Median Price of New Listings $195,950
Per Square Foot $130
Average Days on Market 83
Median Days on Market 42
Price Decreased 38%
Price Increased 5%
Relisted 6%
Inventory 487
Median Rent $1,425
Market Action 59
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$825,000 4,740 0.5 - 1 acre 4 4.5 28 10 16 84
$349,000 2,477 8,000 - 10,000 sqft 3 2.5 43 21 28 35
$199,900 1,598 8,000 - 10,000 sqft 3 2 61 38 55 21
$99,250 1,080 6,500 - 8,000 sqft 3 1 71 29 29 49