Oklahoma City’s real estate market in mid‑2025 continues to offer steady, measured growth—with clear signs of buyer advantage emerging amidst economic headwinds. In June 2025, the median sale price in OKC reached roughly $280,000, up 3.7% year‑over‑year, with homes taking about 33 days to sell, compared to 23 days in the previous year. Other data sources estimate average home values closer to $242,000, subtler annual growth nearer 1–1.2%. Overall, the city remains highly affordable, well below the national median price—but recent upward momentum reflects healthy demand.
Interest rates have remained stagnant, with the Fed holding the federal funds rate in the 4.25–4.50% range, keeping the average 30‑year mortgage near 6.7%. Slight dips to 6.57% opened short‑term windows for refinancing, but rates have not declined beneath the critical 6% level many buyers are watching. This rate plateau continues to dampen affordability and suppress listing volumes—most homeowners remain “locked in” to sub‑6% mortgages and thus reticent to sell.
National economic conditions, moderate inflation, consumer pressure, and high borrowing costs are slowing price growth and inventory turnover nationwide, and OKC is no exception. Yet local economic fundamentals remain strong: a diversified job base in energy, healthcare, logistics, aerospace, and tech continues to support modest appreciation in home values.
Who benefits most?
Buyers are gaining ground. With slightly softer competition and moderate price increases, those prepared and with good financing can negotiate responsibly priced homes, especially in neighborhoods with higher inventory.
Investors also see opportunities. Oklahoma City’s affordability and rising rental yield profiles have drawn steady interest from value‑focused investors and out‑of‑state buyers.
In closing, Oklahoma City’s market in 2025 is defined by stability, not boom, but not bust. While mortgage rates remain stubbornly high, the city’s affordability, steady jobs, and balanced supply create a rewarding environment for buyers and investors who know how to navigate today’s slower‑paced but resilient market.
If you are in the market to buy, sell, or invest, Fifth Point Real Estate Team would love to help!
