The Headlines Are Conflicting. Here’s Why.

If you’ve been skimming housing news lately, you’ve probably seen dueling narratives. That’s because Zillow’s latest report shows a true split: in half of the nation’s largest metros, home values rose year over year; in the other half, they fell. Nationally, price growth was almost flat at +0.2%. Markets like Cleveland (+4.7%) and Hartford (+4.5%) led the gainers, while Tampa (-6.2%), Austin (-6.0%), and Miami (-4.6%) posted the biggest drops. Meanwhile, 27.4% of sellers cut prices in July (a record high in Zillow’s data back to 2018), and the median time on market hit 60 days, the slowest July in over a decade. Affordability remains tight, even as some buyers gain leverage.

How the OKC Metro Compares

Here’s where we stand locally:

• Median sale price: $275,000, up 4.6% year over year (July 2025).
• Price reductions: 34.9% of OKC listings saw a price drop (vs. 27.4% nationally).
• Days on market: 32 days on average here (vs. 60 days nationally).

What that means: The OKC Metro is moving faster than the U.S. overall—buyers here are acting sooner—but we’re also seeing more price adjustments than the national average, which tells you sellers are testing list prices and then repositioning. Net-net: activity is healthy, and value still comes down to strategy.

What It Means for Buyers

• Watch the reductions. A price cut can signal openness on terms or timing.
• Be offer-ready. A strong pre-approval and clear criteria help you move quickly when the right home hits—especially with our 32-day local pace.
• Trust local stats over national headlines. The OKC Metro is not a 60-day market right now.

What It Means for Sellers

• Price it right from the start. Overpricing invites weeks on market and eventual reductions. Here, well-priced homes are still moving in about a month on average—and “hot” listings can go pending in roughly 9 days.
• Win the click. Great photos, floor plans, and 3D tours help your home stand out and justify your price.
• Know your competition. With more local price drops than the national norm, sharp pricing + polished presentation is the winning combo.

The Bottom Line

As Zillow economist Kara Ng notes, whether it’s a “good time to buy” depends a lot on where you live. The market may be split nationally, but in the OKC Metro, success still comes down to smart pricing, timing, and presentation. If you’re thinking about a move, let’s put your address—or your wish list—against the latest OKC numbers and map out the plan that wins.