Tulsa housing market update November 2025: Prices are still rising, but buyer behavior is shifting — and the data says it’s time to pay attention.
If you’ve been watching the market and thinking, “Maybe I’ll just wait this out,” you’re not alone — but you might also be missing some critical context. The latest data for Tulsa County shows a housing market that’s still gaining value, but at a more thoughtful, balanced pace than the frenzy we saw a couple of years ago.
📊 Home Prices Are Still Going Up
Let’s start with the headline: The median sales price in Tulsa County rose to $287,100 in November 2025, compared to $265,250 this time last year. That’s an 8.2% increase — and it’s a strong signal that demand is still pushing values up, even in a higher interest rate environment.
This is excellent news for homeowners who’ve been wondering if appreciation is stalling. It’s not.
📉 But Closed Sales Are Down
Despite price growth, closed sales fell from 651 to 620 year over year — a 4.8% decline. That’s a slight but notable dip, and it tells us that buyers are still out there, but they’re being more selective.
Why? Likely a mix of affordability challenges and more inventory to choose from. With rates still hovering in the 7% range, buyers are taking their time, running the numbers more carefully, and focusing on value. This isn’t the bidding war chaos of 2021 — and that’s actually a good thing for both sides.
🏘️ Inventory Is Holding — But Not Growing Fast
New listings were nearly flat, with 836 homes listed in November 2025, compared with 843 a year prior. And months of supply ticked up slightly from 3.2 to 3.3.
We’re still technically in a seller’s market — balanced is closer to 5–6 months of inventory — but this is the closest we’ve been to neutral in a while.
Buyers now have more options. They’re not being forced into rash decisions or overpaying by 10% to win a bid. Sellers, meanwhile, have to be more strategic — pricing and presentation matter again.
⏳ Homes Are Taking Longer to Sell
Average days on market is now 29, up from 24 last year. That’s still pretty quick by national standards, but the increase reflects a shift in how buyers are shopping.
If your home sits on the market for more than 2–3 weeks, it may not be priced right — or it might need a marketing refresh. Here’s a guide I wrote on getting your home market-ready.
💵 Sellers Are Still Getting Strong Offers
Despite slower movement, sellers are still walking away with solid results. The median percent of list price received rose to 97.3%, up from 96.8% last year.
That may sound small, but in dollar terms, it can mean thousands more in your pocket.
So What Does This Mean for Us?
Whether you’re buying, selling, or just watching from the sidelines, here’s what to take away from November’s numbers:
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Homeowners: You’re still building equity. Now is a great time to reassess your home’s value and consider which upgrades might boost it further.
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Buyers: The window is open. There’s more inventory, less competition, and sellers willing to negotiate — especially before spring.
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Sellers: Price Smart. Overpricing will hurt in this environment. But if your home is clean, staged, and priced right, you’ll still get a strong return.
If you’d like a breakdown for your specific neighborhood — Midtown, Jenks, Bixby, Broken Arrow — I’ve got the data and would love to share it. Reach out, and I’ll send you a custom report.
📌 Tulsa Housing Market Update Summary Snapshot
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Median Price: $287,100 (+8.2% YoY)
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Closed Sales: 620 (-4.8% YoY)
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New Listings: 836 (flat YoY)
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Inventory: 3.3 months (slightly up)
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Days on Market: 29 days (up from 24)
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% of List Price: 97.3% (slightly up)
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🧠 Final Thought
The Tulsa housing market isn’t falling — it’s evolving. Prices are up, buyers are strategic, and opportunities exist for both sides. Whether you’re thinking about making a move now or just preparing for 2026, the best thing you can do is stay informed and work with someone who knows the local market inside and out.
Let’s talk if you want to figure out the right strategy — no pressure, just real advice.