Looking for a clear read on the Tulsa housing market? This page tracks home prices, days on market, inventory, and mortgage rates across Tulsa County and the surrounding suburbs, and it’s updated every month by a local real estate agent who works this market every day.
Last updated: October 17, 2026. Latest full month of sales data: August 2026.
Quick answer: In August 2026, the median Tulsa County home sold for about $289,000, up roughly 5% from a year earlier. Homes took a median of 28 days to sell, about one in four listings had a price cut, and fewer homes sold than a year ago. Mortgage rates then climbed to 7.40% by mid-October. Prices are still rising, but buyers have more room to negotiate than they did a year ago.
Tulsa Housing Market Snapshot
| Metric | Latest | Change From a Year Ago |
|---|---|---|
| Median sale price (Tulsa County, Aug 2026) | $289,033 | Up 5.1% |
| Homes sold (Aug 2026) | 756 | Down 5.9% |
| Median days on market | 28 days | Up 1 day |
| Sale-to-list price ratio | 98.1% | Down slightly |
| Homes sold above list price | 22.5% | Down 3.1 points |
| Homes with a price drop | 25.5% | Up 0.2 points |
| Months of supply | About 3.25 months | Roughly flat |
| 30-year fixed mortgage rate (Oct 15, 2026) | 7.40% | Up from about 6.3% a year ago |
Sources: Redfin (Tulsa County, August 2026), Greater Tulsa Association of REALTORS® data compiled by RE STATS Inc. for months of supply, and Freddie Mac’s Primary Mortgage Market Survey for rates. Full links are listed at the end of this page.
What’s Happening in the Tulsa Housing Market Right Now
Prices are still rising, just more slowly
The median sale price in Tulsa County is up about 5% from a year ago. That’s steady growth, not a spike, and it means homeowners are still building equity. Price growth is uneven, though. Well-priced, well-kept homes in popular neighborhoods still sell quickly, while homes that are overpriced or need work are sitting longer.
Mortgage rates are the big story this fall
The 30-year fixed rate rose from about 6.65% in late August to 7.40% by mid-October, according to Freddie Mac. On a $300,000 loan, that difference adds roughly $150 to the monthly principal and interest payment. Higher rates usually cool buyer demand, so the August numbers above likely don’t yet reflect the full effect.
Fewer homes are selling
Sales were down about 6% from a year ago. Buyers are taking more time, comparing payments carefully, and negotiating more. About one in four sellers cut their price, and fewer homes sold above asking.
Inventory is near balance
At roughly 3.25 months of supply, Tulsa County sits between a seller’s market and a balanced one. Buyers have more choices than they did a few years ago, but well-priced homes in high-demand areas still move quickly.
Home Prices by Area
| Area | Median Sale Price | Change From a Year Ago | Median Days on Market | Data Month |
|---|---|---|---|---|
| Tulsa County | $289,033 | Up 5.1% | 28 | Aug 2026 |
| Broken Arrow | $304,855 | Up 5.1% | 29 | Sep 2026 (3-month) |
| Bixby | $364,900 | Up 3.5% | 50 | Aug 2026 |
| Jenks | $351,169 | Down 10.8% | 27 | Aug 2026 |
| Owasso | $308,548 | Up 1.3% | 24 | Jul 2026 |
Source: Redfin. Smaller cities have fewer sales each month, so their medians can swing sharply from month to month. Jenks’s year-over-year drop likely reflects the mix of homes that sold rather than a true decline in values. For your specific neighborhood and price range, a comparative market analysis is far more accurate.
Explore each area in more detail in Tulsa Neighborhoods.
What This Means for You
If you’re buying
You have more negotiating room than a year ago. Price cuts are common, fewer homes sell above asking, and seller concessions toward closing costs are back on the table for many listings. Higher rates make your monthly payment the number to watch, so get pre-approved and compare payments, not just prices. See how to get pre-approved in Tulsa and how seller’s concessions work.
If you’re selling
Pricing right from day one matters more than ever. Buyers are comparing homes closely, and an overpriced listing often ends up with a price cut anyway. Presentation and condition affect how fast you sell. Start with your home’s current value and a seller net sheet.
If you’re moving up or downsizing
You’re selling and buying in the same market, so rising prices help your sale and higher rates affect your purchase. Run the real math on your current rate before you decide. See give up your low mortgage rate to move up? and should I sell before buying?
If you’re wondering whether to wait
Waiting for rates or prices to drop has its own costs. Read is waiting to buy a home in Tulsa really cheaper?
What to Watch Through the End of 2026
- Mortgage rates. The jump to 7.40% is the biggest factor to watch. If rates stay elevated, expect slower sales and more negotiation this winter.
- Seasonal slowdown. November through January is typically the slowest stretch of the year in Tulsa, with fewer listings and fewer buyers. Serious buyers and sellers often find less competition.
- Price cuts and days on market. If the share of price drops keeps rising, it’s a sign the market is tilting further toward buyers.
Nobody can reliably predict where the market goes next. This page reports what the data shows each month, so you can make decisions based on current numbers instead of headlines.
Monthly History
| Month | Tulsa County Median Sale Price | Year-Over-Year | Median Days on Market | 30-Year Rate at Update |
|---|---|---|---|---|
| August 2026 | $289,033 | Up 5.1% | 28 | 7.40% |
A new row is added each month.
Frequently Asked Questions About the Tulsa Housing Market
Is Tulsa a buyer’s market or a seller’s market?
Tulsa County is close to balanced, with about 3.25 months of supply. Well-priced homes in popular areas still sell quickly, but price cuts, fewer above-asking sales, and higher rates give buyers more leverage than a year ago. See is Tulsa a buyer’s market? for where buyers have the most negotiating power.
Are home prices going down in Tulsa?
Not overall. The Tulsa County median sale price was up about 5% year over year in August 2026. Individual neighborhoods and price ranges can differ, and overpriced homes are seeing reductions.
How long does it take to sell a home in Tulsa?
The median Tulsa County home sold in about 28 days in August 2026, per Redfin. Pricing, condition, and location make a big difference, and the number can run longer in the slower winter months.
What is the median home price in Broken Arrow?
The median sale price in Broken Arrow was about $304,855 for the three months ending September 2026, up about 5% from a year earlier, according to Redfin.
Is now a good time to buy a home in Tulsa?
It depends on your payment, not the market. If the monthly payment works for your budget at today’s rate and you plan to stay several years, more negotiating room can work in your favor. If rates fall later, refinancing may be an option, but it shouldn’t be the plan.
Talk Through What the Numbers Mean for You
Countywide numbers are a starting point. What matters is how your neighborhood, price range, and timeline compare. For the bigger picture on costs, see Tulsa Housing Market & Cost of Living, or schedule a low-pressure planning call.
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