Oklahoma City, Oklahoma started 2024 with a total of 1,135 single-family homes on the market, with a median home price of $294,900 and an average price per square foot of $176.05. By the end of the year, inventory had increased to 1,693 homes on the market (+49%), with a median home price of $275,000 (-7%), and an average price per square foot of $173 (-2%).
At the start of 2024, the median days on market (DOM) was 63 days – by the end of the year, median DOM had increased to 70 days.
Oklahoma City, Oklahoma started the year with 43.52% of homes taking a price cut. (For reference, 35% is the national average for price reductions in a "normal" year.) By the end of the year, about 47.84% of homes for sale had taken a price cut.
