Published March 31, 2025

Tulsa Real Estate Market Update: What You Need to Know in 2025

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Written by Jennie Wolek

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  • How’s the real estate market in Tulsa? If you’re thinking about buying or selling a home, you’re in the right place. The latest data is in, and there’s plenty of good news to share!

    2025: A Strong Start for Tulsa Real Estate

    As we analyze the numbers from February, we’re seeing an overall positive trend. The market is showing strong growth compared to 2024. More homes are hitting the market, sales are increasing, and prices are on the rise. But will this trend continue? That’s the question we always ask in the ever-changing world of real estate.

    Here’s a breakdown of the latest data:

    • More Homes Available: New listings have increased by 13.57%, offering buyers more options.

    • Higher Home Sales: Both closed and pending sales are up, a sign of strong demand.

    • Price Growth: The average listing price in Tulsa for February 2025 was $308,000, while the average sold price was $302,420. That’s about 98% of the listing price, meaning sellers are still getting close to their asking price.

    What This Means for Buyers and Sellers

    For sellers, this data is a great sign! Homes are selling at competitive prices, and buyers remain active. If you’re thinking about selling, pricing your home correctly from the start is key to securing a strong offer.

    For buyers, while more homes are available, it’s important to know that deep discounts are rare. The market is still competitive, so having a strategy in place can help you secure the right home at the right price.

    Market Timing: How Long Does It Take to Sell?

    One crucial factor to consider is timing. Right now, homes in Tulsa are spending an average of 48 days on the market before going under contract. Then, expect another 30 to 45 days for closing, covering inspections, appraisals, and lender paperwork. If you’re planning to move this year, allow at least three months from listing to closing to set yourself up for success.

    Spring Market is Here – Are You Ready?

    With spring in full swing, the Tulsa real estate market is buzzing. Families are planning moves before summer, and buyers are actively searching. If you’re considering buying or selling, now is the time to start the conversation.

    Need expert advice? Let’s talk! Whether you’re selling your current home or searching for your dream home, we’re here to help you navigate the Tulsa market with confidence.

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