Oklahoma started 2024 with a total of 9,878 single-family homes on the market, with a median home price of $320,000 and an average price per square foot of $190.97. By the end of the year, inventory had increased to 13,131 homes on the market (+33%), with a median home price of $309,000 (-3%), and an average price per square foot of $186 (-2%).
At the start of 2024, the median days on market (DOM) was 84 days – by the end of the year, median DOM had decreased to 84 days.
Oklahoma started the year with 32.06% 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 34.30% of homes for sale had taken a price cut.
