Oklahoma City market pulse
Real public data for Oklahoma City's ZIP codes, updated as the agencies publish.
Metro prices
+2.3%
in 1 year · Oklahoma City metro · 2025 Q2–2026 Q2
Past change, not a forecast.
Data table
| Quarter | Index | Change since 2025 Q2 |
|---|---|---|
| 2025 Q2 | 398.9 | — |
| 2025 Q3 | 400.1 | +0.3% |
| 2025 Q4 | 400.7 | +0.5% |
| 2026 Q1 | 399.2 | +0.1% |
| 2026 Q2 | 408.0 | +2.3% |
Each index has its own base, so compare its changes, not its level.
Details
FHFA's purchase-only index for Oklahoma City, OK: repeat sales of the same houses, from mortgages Fannie Mae and Freddie Mac purchased or securitized. It isn't seasonally adjusted, so each span starts in the quarter it ends.
+28%
in 5 years · Oklahoma City metro · 2021 Q2–2026 Q2
Past change, not a forecast.
Data table
| Quarter | Index | Change since 2021 Q2 |
|---|---|---|
| 2021 Q2 | 319.8 | — |
| 2021 Q3 | 328.1 | +2.6% |
| 2021 Q4 | 334.0 | +4.4% |
| 2022 Q1 | 346.6 | +8.4% |
| 2022 Q2 | 363.9 | +14% |
| 2022 Q3 | 361.8 | +13% |
| 2022 Q4 | 367.8 | +15% |
| 2023 Q1 | 364.4 | +14% |
| 2023 Q2 | 383.5 | +20% |
| 2023 Q3 | 387.2 | +21% |
| 2023 Q4 | 382.8 | +20% |
| 2024 Q1 | 381.5 | +19% |
| 2024 Q2 | 392.3 | +23% |
| 2024 Q3 | 395.9 | +24% |
| 2024 Q4 | 395.5 | +24% |
| 2025 Q1 | 399.4 | +25% |
| 2025 Q2 | 398.9 | +25% |
| 2025 Q3 | 400.1 | +25% |
| 2025 Q4 | 400.7 | +25% |
| 2026 Q1 | 399.2 | +25% |
| 2026 Q2 | 408.0 | +28% |
Each index has its own base, so compare its changes, not its level.
Details
FHFA's purchase-only index for Oklahoma City, OK: repeat sales of the same houses, from mortgages Fannie Mae and Freddie Mac purchased or securitized. It isn't seasonally adjusted, so each span starts in the quarter it ends.
+74%
in 10 years · Oklahoma City metro · 2016 Q2–2026 Q2
Past change, not a forecast.
Data table
| Quarter | Index | Change since 2016 Q2 |
|---|---|---|
| 2016 Q2 | 234.6 | — |
| 2016 Q3 | 237.2 | +1.1% |
| 2016 Q4 | 234.7 | 0% |
| 2017 Q1 | 239.9 | +2.3% |
| 2017 Q2 | 244.6 | +4.3% |
| 2017 Q3 | 249.4 | +6.3% |
| 2017 Q4 | 242.4 | +3.3% |
| 2018 Q1 | 247.1 | +5.3% |
| 2018 Q2 | 253.1 | +7.9% |
| 2018 Q3 | 254.2 | +8.4% |
| 2018 Q4 | 252.3 | +7.5% |
| 2019 Q1 | 258.5 | +10% |
| 2019 Q2 | 262.1 | +12% |
| 2019 Q3 | 268.3 | +14% |
| 2019 Q4 | 266.8 | +14% |
| 2020 Q1 | 270.7 | +15% |
| 2020 Q2 | 280.4 | +20% |
| 2020 Q3 | 288.1 | +23% |
| 2020 Q4 | 292.1 | +25% |
| 2021 Q1 | 296.5 | +26% |
| 2021 Q2 | 319.8 | +36% |
| 2021 Q3 | 328.1 | +40% |
| 2021 Q4 | 334.0 | +42% |
| 2022 Q1 | 346.6 | +48% |
| 2022 Q2 | 363.9 | +55% |
| 2022 Q3 | 361.8 | +54% |
| 2022 Q4 | 367.8 | +57% |
| 2023 Q1 | 364.4 | +55% |
| 2023 Q2 | 383.5 | +63% |
| 2023 Q3 | 387.2 | +65% |
| 2023 Q4 | 382.8 | +63% |
| 2024 Q1 | 381.5 | +63% |
| 2024 Q2 | 392.3 | +67% |
| 2024 Q3 | 395.9 | +69% |
| 2024 Q4 | 395.5 | +69% |
| 2025 Q1 | 399.4 | +70% |
| 2025 Q2 | 398.9 | +70% |
| 2025 Q3 | 400.1 | +71% |
| 2025 Q4 | 400.7 | +71% |
| 2026 Q1 | 399.2 | +70% |
| 2026 Q2 | 408.0 | +74% |
Each index has its own base, so compare its changes, not its level.
Details
FHFA's purchase-only index for Oklahoma City, OK: repeat sales of the same houses, from mortgages Fannie Mae and Freddie Mac purchased or securitized. It isn't seasonally adjusted, so each span starts in the quarter it ends.
ZIP by ZIP
+70%
The median ZIP's house price index, 2015–2025. 32 ZIPs, from +44% to +143%.
One-year ZIP changes are noisy: of last year's top-3 ZIPs in our 50 cities, 1 in 15 was top 3 again. Past change, not a forecast.
About these figures
FHFA's experimental ZIP house price index: houses with Fannie Mae or Freddie Mac loans, from sales and refinance appraisals. Condos, co-ops and multi-unit buildings aren't in it. 35 of Oklahoma City's 44 ZIPs have an index; FHFA publishes one only where enough sales exist. A ZIP whose index stops before the latest year shows the year it ends instead of changes. Each index has its own base, so compare a ZIP's changes, not its level.
Rent or buy here
EstimateMonthly housing payment (est.): 20% down · 30-year fixed at 7.03% (Freddie Mac average) · 360 monthly loan payments of $1,654 · APR not calculated (it depends on the lender's fees) · includes principal and interest, property tax, home insurance and any HOA dues, plus mortgage insurance below 20% down.7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.Source: Freddie Mac Primary Mortgage Market Survey · Sep 24, 2026 (opens in a new tab)$194
a month more to own a typical sample home than HUD's rent for its size, ZIP 73120
- Own: 4-bedroom sample house, $309,900Sample: fictional home, for the demo.
- EstimateMonthly housing payment (est.): 20% down · 30-year fixed at 7.03% (Freddie Mac average) · 360 monthly loan payments of $1,654 · APR not calculated (it depends on the lender's fees) · includes principal and interest, property tax, home insurance and any HOA dues, plus mortgage insurance below 20% down.7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.Source: Freddie Mac Primary Mortgage Market Survey · Sep 24, 2026 (opens in a new tab)$2,234 a monthNot included: upkeep, utilities, flood insurance, special assessments.
- Rent: HUD fair market rent, 4 bedrooms
- $2,040 a monthHUD Small Area Fair Market Rent, FY2027: a 40th-percentile rent for a standard home, utilities included. Not an asking rent.
Lending
6.625%
Median rate, 30-year fixed conventional · 3,124 loans · 2025
2025 home-purchase loans (first liens) on owner-occupied 1–4 unit homes in Oklahoma City's census tracts: 7,206 loans. Loans that closed, not offers: a rate depends on your credit, down payment, points and the day you lock it.
- Middle half of rates
- 6.125% to 6.875%
- Loan costs at closing
- $4,679 medianMiddle half $3,876 to $6,327: origination charges (points included) and settlement services, Closing Disclosure section D · 3,527 loans
- Loan limits, 2026
- $832,750 conformingAbove it, a jumbo loan with its own rates and rules; FHA limit $541,287 (one-unit home, Oklahoma County). Limits set by FHFA and HUD.
More lending figures
- Borrowed, every loan on the home combined
- 95% of the value (median)Middle half 80% to 97%. 72.2% of buyers borrowed more than 80% of the value, 59.4% more than 90%, 44.4% more than 95%. HMDA's combined loan-to-value counts every loan on the home (second loans, down-payment-assistance loans, financed FHA or VA fees) against the value the lender used, so it doesn't show the cash buyers put down · 6,723 loans
- Loan types
- Conventional 54.2% · FHA 30%VA 15.7% · USDA 0.1%
- Discount points
- 50.9% of loans paid pointsMedian paid: $2,117. Points buy a lower rate.
For comparison: 7.03% is Freddie Mac's average 30-year fixed rate for the week of Sep 24, 2026, for buyers with 20% down and excellent credit. It isn't an offer or an APR.
Flood and insurance
$3,197 a year
Median of 41 Oklahoma City ZIPs' average homeowners premiums, 2022. Premiums have risen since; get quotes for your address.
- Federal flood insurance
- 1,223 policies in force · 651 claims since 2000FEMA National Flood Insurance Program, summed over 44 ZIPs (policies in force Jun 30, 2026; claims since 2000). Private flood policies aren't counted.
- Policies insurers didn't renew
- 0.6% in the median ZIPU.S. Treasury Federal Insurance Office, 2022.
Most homeowners policies exclude flood, so flood insurance is a separate policy. Source: FEMA FloodSmart: What is my flood risk?, retrieved 2026-10-09 (opens in a new tab) Check an address on FEMA's flood map (opens in a new tab)
County hazard ratings (FEMA)
Natural hazards, compared with other U.S. counties
- Oklahoma County, OK: expected yearly losses rated very high for tornado, hail; expected yearly losses rated relatively high for inland flooding, heat wave, winter weather.
Other ratings for Oklahoma County, OK
- EarthquakeRelatively Moderate
- WildfireRelatively Moderate
- HurricaneVery Low
- Canadian County, OK: expected yearly losses rated relatively high for tornado, winter weather, hail.
Other ratings for Canadian County, OK
- EarthquakeRelatively Low
- WildfireRelatively Low
- HurricaneVery Low
- Inland floodingRelatively Moderate
- Heat waveRelatively Moderate
- Cleveland County, OK: expected yearly losses rated relatively high for heat wave, tornado, winter weather, hail.
Other ratings for Cleveland County, OK
- EarthquakeRelatively Moderate
- WildfireRelatively Low
- HurricaneVery Low
- Inland floodingRelatively Moderate
- Pottawatomie County, OK: expected yearly losses rated relatively high for tornado.
Other ratings for Pottawatomie County, OK
- EarthquakeRelatively Low
- WildfireRelatively Moderate
- HurricaneVery Low
- Inland floodingRelatively Low
- Heat waveRelatively Moderate
- Winter weatherRelatively Moderate
- HailRelatively Moderate
FEMA National Risk Index December 2025: Expected Annual Loss rating of each hazard, by county (NRI December 2025): expected annual losses to buildings, people and agriculture; FEMA's social-vulnerability adjustments aren't included. This describes each county, not one home. Check an address on FEMA's flood map; in a high-risk flood zone, a federally backed loan requires flood insurance.
What's new in Oklahoma City
Rail openings, zoning changes and big projects from primary sources, newest first. News, not a price forecast.
- Zoning change
Accessory-dwelling ordinance takes effect in mapped urban areas
The city’s 2025 change applies in Urban Medium and Urban High plan areas. Do not assume it applies to every property inside the large municipal boundary.
Oklahoma City Planning, Accessory Dwellings (opens in a new tab) - Rail opened
RAPID Northwest bus rapid transit launches
EMBARK’s first BRT corridor begins service between downtown and the Northwest Expressway corridor. This is a bus-service opening, not rail.
EMBARK, OKC Moves and RAPID launch (opens in a new tab)
Rules in Oklahoma
From state law, standard contract forms and local custom. Research, not legal advice.
- ClosingRule
- A title company runs the closing and holds the money.
- Seller's disclosureRule
- Residential Property Condition Disclosure Statement or Disclaimer (OREC forms)
- Closing taxesRule
- Oklahoma documentary stamp tax: 0.15% of the price · seller pays
How buying works in Oklahoma
- Who runs the closing
- A title company runs the closing and holds the money. Typical time from contract to keys: about 30 days.
- The contract
- Your signed offer becomes a binding contract once the seller accepts it.
Details
Oklahoma REALTORS residential contract of sale (association form; defaults not reviewed)
- Buyer agreement
- Buyer brokerage agreement under the Broker Relationships Act (59 O.S. §858-351 and following), signed before touring.
Details
No statute on timing found; NAR's 2024 rule requires a written agreement before touring.
Source: NAR, Written Buyer Agreements: State Groupings (the 27 states with buyer-agreement laws) (August 2024)
- Inspection
- About 10 days for inspections.
Details
Sample; set in the contract.
- Earnest money
- 1–2% of the price, due within 3 days, held by: Broker trust account or title company.
Details
Sample values; the contract sets them.
- Seller's disclosure
- Residential Property Condition Disclosure Statement or Disclaimer (OREC forms)
Details
Due before the seller accepts an offer; the buyer's remedy for a false statement is damages, not rescission (60 O.S. §§831–839).
Source: Oklahoma Residential Property Condition Disclosure Act (60 O.S. §§831–839), OREC 2025 (2025)
- Loan and appraisal
- Loan contingency: 21 days (set in the contract).
Details
Sample; appraisal and financing terms are set in the contract.
- Title insurance
- Who pays for the owner's policy varies; the contract decides.
Details
Negotiated in the contract; custom not verified.
- Property tax for a new owner
- The seller's caps and exemptions end with the sale; your assessment starts over at market value. About 1.3% of the price a year is our planning figure for Oklahoma City; your bill can differ.
Details
A homestead's taxable value can rise at most 5% a year, but it resets to fair cash value when the home sells. Assessed at 11% of value in Oklahoma and Tulsa counties, less a $1,000 homestead exemption.
A sale resets Oklahoma's 5% homestead cap, so a buyer pays on fair cash value: Oklahoma City district 200, 122.90 mills (TY2025) × 11% assessment, less the $1,000 homestead exemption ≈ 1.30% at $250,000. Long-time owners pay less (ACS 1.00%).
- Agent credits to the buyer
- Oklahoma doesn't allow an agent to credit part of their pay to the buyer: ask for a lower price instead.
Details
Licensees may not use money or gifts as an inducement conditioned on buying a property, nor pay a buyer's down payment or earnest money (59 O.S. §858-312(12), (22)). Ask for a lower price instead.
Source: Oklahoma Real Estate License Code and Rules (59 O.S. §858-312) (as of 2023-11-01)
Closing taxes
| Tax | Customarily paid by | Rate |
|---|---|---|
| Oklahoma documentary stamp tax | Seller | 0.15% of the priceOklahoma Tax Commission rules ch. 30, documentary stamps (68 O.S. §3201) |
Sources (9)
- Oklahoma Real Estate License Code and Rules (59 O.S. §858-312) · as of 2023-11-01 (opens in a new tab)
- Oklahoma Residential Property Condition Disclosure Act (60 O.S. §§831–839), OREC 2025 · 2025 (opens in a new tab)
- Oklahoma Tax Commission rules ch. 30, documentary stamps (68 O.S. §3201) · 2023 rules (opens in a new tab)
- NAR, Written Buyer Agreements: State Groupings (the 27 states with buyer-agreement laws) · August 2024 (opens in a new tab)
- Oklahoma County Assessor: 2025 tax rates/millages (certified 2025-11-17) · tax year 2025 (opens in a new tab)
- Census ACS 2020–2024 5-year, city: median real estate taxes paid (B25103) ÷ median home value (B25077) · ACS 2020–2024 (opens in a new tab)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2023 (Tables 4–5; Homiy cites a few derived state figures) · 2023 data, published July 2026 (opens in a new tab)
- Census CHARS 2025: average contract price per sq ft of new contractor-built houses (excludes lot), by region · 2025 (opens in a new tab)
- FHFA 2026 conforming loan limits, county file · 2026 (opens in a new tab)
Programs and deadlines
Official pages for Oklahoma City, the same for every buyer. Each program decides who qualifies.
- Down-payment help
- OHFA Homebuyer Down Payment and/or Closing Cost Assistance (opens in a new tab) (Oklahoma Housing Finance Agency (OHFA))3.5% of the total loan amount toward the down payment or closing costs, with an OHFA loan; price and income limits apply.Official page, checked 2026-09-28.Oklahoma's housing finance agency runs it; the program decides who qualifies and for how much.
- Down-payment help in Oklahoma City
- Homebuyer Assistance (opens in a new tab) (City of Oklahoma City)Down payment and closing cost help of up to $18,000, based on need, for income-eligible buyers purchasing inside the program boundaries.Official page, checked 2026-09-28.
- Homestead exemption
- Assessor (opens in a new tab) (Oklahoma County Assessor)The Assessor's calendar lists March 15 as the deadline for filing homestead applications; households with income up to $25,000 may add a further $1,000 exemption.Deadline: March 15Official page, checked 2026-09-28.
- If you disagree with your assessment
- Assessor (opens in a new tab) (Oklahoma County Assessor)If you disagree with a Notice of Increase in Valuation, request an informal hearing with the Assessor's Office within the time the notice gives.When: the time frame on your noticeOfficial page, checked 2026-09-28.
- After you buy: alerts on your deed
- OKCC Property Alert System (opens in a new tab) (Oklahoma County Clerk)A free service that notifies you by text or email if a document is recorded that matches your registered property.Official page, checked 2026-09-28.
Sample homes in Oklahoma City, each with its estimated monthly cost and the things to check. Found one somewhere else? Check it here.
Sources (31)
- FHFA House Price Index, five-digit ZIP codes, annual (developmental, all-transactions) · 2000–2025 (updated 2026-03-31) (opens in a new tab)
- FHFA House Price Index, purchase-only, not seasonally adjusted, quarterly: Oklahoma City, OK (metro area 36420) · 2000 Q1–2026 Q2 (opens in a new tab)
- U.S. Census Bureau, American Community Survey 5-year estimates (ZCTA), with 90% margins of error: population, median household income, median home value, median gross rent, median real estate taxes paid, median monthly owner costs with a mortgage, owner-occupied share and units, owner homes in buildings with 5+ units, median year built · ACS 2020–2024 (opens in a new tab)
- U.S. Census Bureau, American Community Survey 5-year estimates (ZCTA): population and its margin of error, for the 5-year change and its significance test · ACS 2015–2019 (opens in a new tab)
- FHFA House Price Index, five-digit ZIP codes, annual (developmental, all-transactions) · 2025 (updated 2026-03-31) (opens in a new tab)
- U.S. Census Bureau, 2020 ZCTA to place relationship file, 2025 Gazetteer and cartographic boundaries (city ZIPs, centers, bounds) · 2020 ZCTAs; 2025 place boundaries (opens in a new tab)
- U.S. Census Bureau, Population Estimates, Vintage 2025 (metropolitan and micropolitan areas) · July 2020 → July 2025 (opens in a new tab)
- U.S. Census Bureau, Building Permits Survey: new privately-owned housing units authorized, by CBSA · Sep 2025–Aug 2026 (opens in a new tab)
- FEMA National Risk Index December 2025: Expected Annual Loss rating of each hazard, by county · NRI December 2025 (opens in a new tab)
- U.S. Department of Housing and Urban Development, Small Area Fair Market Rents by ZIP code, FY2027 · FY2027 (from Oct 1, 2026) (opens in a new tab)
- FEMA, OpenFEMA API: NFIP Redacted Policies, version 3 (policies in force). This product uses the Federal Emergency Management Agency’s OpenFEMA API, but is not endorsed by FEMA. The Federal Government or FEMA cannot vouch for the data or analyses derived from these data after the data have been retrieved from the Agency's website(s). · in force Jun 30, 2026; data refreshed 2026-07-27; accessed 2026-09-27 (opens in a new tab)
- FEMA, OpenFEMA API: NFIP Redacted Claims, version 3 (claims since 2000). This product uses the Federal Emergency Management Agency’s OpenFEMA API, but is not endorsed by FEMA. The Federal Government or FEMA cannot vouch for the data or analyses derived from these data after the data have been retrieved from the Agency's website(s). · data refreshed 2026-08-04; accessed 2026-09-27 (opens in a new tab)
- U.S. Treasury, Federal Insurance Office: Analyses of U.S. Homeowners Insurance Markets, 2018–2022, Supporting Underlying Metrics by ZIP code (premiums per policy, nonrenewal rate) · 2018–2022 (published January 2025) (opens in a new tab)
- FHFA House Price Index, purchase-only, not seasonally adjusted: Oklahoma City, OK (metro area 36420) · 2026 Q2 (opens in a new tab)
- FHFA House Price Index, all-transactions, not seasonally adjusted: Oklahoma City, OK (metro area 36420), calendar-year averages of the quarterly index · 2020–2025 (opens in a new tab)
- U.S. Bureau of Labor Statistics, Current Employment Statistics, total nonfarm, not seasonally adjusted (series SMU40364200000000001) · Aug 2026 (preliminary) (opens in a new tab)
- U.S. Census Bureau, American Community Survey 5-year estimates for the city of Oklahoma City, OK (Census place 4055000): median home value, median household income, median gross rent, with 90% margins of error · ACS 2020–2024 (opens in a new tab)
- FFIEC Home Mortgage Disclosure Act (HMDA) data: 2025 Snapshot National Loan-Level Dataset (data as of June 1, 2026), via the CFPB HMDA Data Browser; Homiy's calculations · 2025 loans; retrieved 2026-09-27 (opens in a new tab)
- U.S. Department of Housing and Urban Development, FHA forward mortgage limits, one-unit limit for Oklahoma County, OK · CY2026 (Mortgagee Letter 2025-23) (opens in a new tab)
- FTA National Transit Database, General Transit Feed Specification Weblinks: the public-domain GTFS feeds agencies must publish · retrieved 2026-09-27 (opens in a new tab)
- Central Oklahoma Transportation and Parking Authority: GTFS schedule (agency's current link: the NTD link needs the public key EMBARK includes in its own download link) · scheduled service 2026-09-27 to 2026-10-24 (opens in a new tab)
- Oklahoma Real Estate License Code and Rules (59 O.S. §858-312) · as of 2023-11-01 (opens in a new tab)
- Oklahoma Residential Property Condition Disclosure Act (60 O.S. §§831–839), OREC 2025 · 2025 (opens in a new tab)
- Oklahoma Tax Commission rules ch. 30, documentary stamps (68 O.S. §3201) · 2023 rules (opens in a new tab)
- NAR, Written Buyer Agreements: State Groupings (the 27 states with buyer-agreement laws) · August 2024 (opens in a new tab)
- Oklahoma County Assessor: 2025 tax rates/millages (certified 2025-11-17) · tax year 2025 (opens in a new tab)
- Census ACS 2020–2024 5-year, city: median real estate taxes paid (B25103) ÷ median home value (B25077) · ACS 2020–2024 (opens in a new tab)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2023 (Tables 4–5; Homiy cites a few derived state figures) · 2023 data, published July 2026 (opens in a new tab)
- Census CHARS 2025: average contract price per sq ft of new contractor-built houses (excludes lot), by region · 2025 (opens in a new tab)
- FHFA 2026 conforming loan limits, county file · 2026 (opens in a new tab)
- Freddie Mac average (Primary Mortgage Market Survey) · Sep 24, 2026 (opens in a new tab)