"The Oklahoma City metro housing market shifted toward buyer-friendly conditions in early November 2025, with 42.1% of active listings taking price reductions and inventory climbing 12.6% year over year to 6,249 homes. The combination of rising supply and softening demand created new negotiating opportunities across the OKC real estate market. Weekly home absorption fell 18.5% compared to last year, dropping to 560 homes from 687 during the same period in 2024."
"The gap between new listings and absorbed homes widened as sellers brought 360 properties to market while buyers contracted on fewer homes, contributing to inventory buildup and extended selling times. Active listings reached 6,249 single-family homes as of Nov. 1, 2025, up from 5,550 a year earlier. The metro maintained 3.0 months of supply, slightly above the national average of 2.9 months but below Oklahoma's statewide level of 3.2 months."
"Homes sat on the market for a median of 77 days, matching the national pace but representing a two-week increase from last year's 63 days. The relisting rate hit 13.8%, indicating more than one in seven properties returned to market after being withdrawn or expired. Meanwhile, only 1.9% of sellers raised their asking prices, suggesting limited confidence in achieving higher valuations."
Inventory in the Oklahoma City metro rose 12.6% year over year to 6,249 active single-family listings as of Nov. 1, 2025. Price reductions affected 42.1% of active inventory, with sellers who cut prices reducing their ask by a median of 5.2%. Weekly home absorption fell 18.5% to 560 homes, widening the gap between new listings and absorbed homes. The market held 3.0 months of supply. Homes had a median time on market of 77 days, up from 63 days a year earlier, and the relisting rate reached 13.8%. The median list price was $325,000, down 1.2% year over year, and price per square foot was $172.8.
Read at www.housingwire.com
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