Markets/Oklahoma/Oklahoma City

Oklahoma City, OK Real Estate Market 2026

Investor-grade market analytics for Oklahoma City, Oklahoma. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.

Median Home Price

$239,204

+0.8% year-over-year

Est. Rental Yield

6.8%

gross annual

12-Month Forecast

-6.1%

base case (Zillow ZHVF)

-6.1% year-over-year

Oklahoma City Market Summary

Oklahoma City, OK is in a stabilization phase with 0.8% year-over-year appreciation, suggesting cooling demand and a shift toward balanced conditions. Affordability remains favorable with a price-to-income ratio of 3.39x, below the national average of 4.8x. Modest net positive migration (+2,558 returns/year) provides steady demand support. Climate risk remains low (39/100), favorable for long-term investment stability. Rental yield of 6.76% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score94/100
Price-to-Income Ratio3.4x (national avg 4.8x)
Median Household Income$70,499

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case-9.2%
Base Case-6.1%
Bull Case-3.1%

Climate & Natural Hazard Risk

Oklahoma City, OK's primary climate exposure is tornadoes (67/100). The composite climate risk score of 39/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Oklahoma City dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.