Published April 21, 2025
Tulsa Real Estate Market Update – Spring 2025
What’s going on in the Tulsa real estate market this spring? Let’s dive in.
More Homes on the Market 🌟
You may have noticed more "For Sale" signs around town—and you're not imagining things! Inventory is up 13% compared to this time last year. That’s great news for home buyers in Tulsa who’ve been struggling with limited options.
Home Prices Are Holding Steady 📈
While more homes are hitting the market, prices have edged up slightly. The average home price in Tulsa MLS is now around $732,000. That’s only a modest increase, but it's something sellers and buyers alike should keep in mind.
What Sellers Should Know 💡
Looking at the list-to-sale price ratio, homes are currently selling for about 98.23% of their asking price. That means pricing your home right from the start is crucial—you may get close, but not quite full asking price if it’s not aligned with the market.
Months of Inventory Rising 📊
The months of inventory—a key stat we track—has grown 18% year-over-year. Right now, Tulsa is sitting at 2.86 months of inventory. If no new homes hit the market, it would take nearly 3 months to sell the current listings.
This gives buyers a bit more breathing room, while sellers need to be smart with strategy and pricing.
So, What’s Next?
Spring is heating up, and Tulsa real estate activity is on the rise. Whether you’re buying or selling, understanding these numbers helps you make informed decisions—and that’s exactly what we’re here for.
📲 Have questions? Ready to make a move? Reach out—we’d love to help you navigate the market.
