The 2026 housing market is starting to take shape, and plenty of buyers and homeowners across the Oklahoma City metro are asking the same question: Will next year finally feel easier?

Based on national forecasts—and what we’re seeing right here in OKC and Edmond—the answer is: Yes, slowly but surely. We’re not heading for a big reset, but we are moving toward a more balanced, navigable market.

Let’s break down what the experts predict and how it connects to our local trends.

---

Sales Activity: Gradual Improvement, Not a Jump

National forecasts expect more home sales in 2026 as affordability improves:

• NAR: Sales up 14%
• Zillow: Up 4.3%
• Realtor.com: Up 1.7%

Locally, we’re seeing hints of this shift already.
In the OKC metro:

• Closed sales were basically flat this fall, but
• Pending sales jumped 14.3% — a sign that buyers are stepping back in
• Well-priced homes are still going under contract in 3–4 weeks

In Edmond and the upper price ranges, sales are steadier but slower. Marketing times stretch longer—especially above $700k—yet quality homes still move when the basics are right: price, condition, and style.

---

Home Prices: Still Rising, But Calmly

National projections call for modest price growth, not a spike:

• Zillow: +1.2%
• NAR: +4%

Our local data reflects that same story:

• OKC median price: ~$265k, up around 2%
• Edmond median price: ~$372k, up nearly 5%
• Zillow’s OKC value index is basically flat, showing softer pricing at the lower end

Bottom line?
Prices are still rising, but at a more normal pace. Great news for homeowners, and a little more breathing room for buyers.

---

Mortgage Rates: Better Than 2025, Still Above 6%

All major forecasts agree: rates should ease, but not return to pandemic lows.

• Most estimates land around 6.3% in 2026
• Buyers reenter the market as payments become more manageable
• No one expects 3% rates again anytime soon

For OKC buyers, talking to a lender early makes a big difference. You’ll understand your payment range—and whether builders’ incentives make new construction worth comparing.

---

Inventory: More Options for Buyers, Still Balanced

This is where the change feels real.

• OKC metro inventory is up 34% year over year
• Months’ supply climbed from 3.4 → 4.3 (a balanced market is around 4–6)
• New listings jumped nearly 29%

This shift gives buyers more choice and reduces some of the frenzy we saw in 2021–2022.

Breakdown by price:

• Under $350k: Still competitive; good homes move in 1–3 weeks
• $500k–$800k: Balanced, more negotiation
• $800k+: Often 60–90+ days on market unless perfectly aligned with today’s tastes

Edmond stays tighter than OKC overall, but luxury segments everywhere are feeling the effects of higher inventory.

---

Affordability: Slowly Improving

Nationally, affordability is expected to improve for the first time in years.

Locally, we’re seeing the same trend:

• Rents in OKC are steady or slightly down
• Median rent is around $1,100–$1,360, keeping the market attractive
• A typical home payment still costs more than rent, but OKC remains affordable compared to most metros

With more inventory and softer rent growth, renters who want to buy in 2026 could be in a better position to save and qualify.

---

New Construction: Incentives Are Doing the Heavy Lifting

Across the metro—especially in Edmond, Deer Creek, Piedmont, and Southwest OKC—new construction remains a big part of our market.

Builders aren’t slashing prices. Instead, they’re offering:

• Rate buydowns
• Closing-cost incentives
• Upgrade credits

This helps keep payments manageable and gives buyers reasons to compare new vs. resale.

---

So What Does All This Mean for You?

If You’re Buying in 2026

You’ll benefit from:

• Slightly lower borrowing costs
• More listings to choose from
• Less competition than the past few years

The key is getting clear on your budget early so you can move confidently when the right home appears.

If You’re Selling in 2026

You’re still in a strong position:

• Prices are rising modestly
• Demand is stable
• OKC/Edmond remain incredibly affordable compared to national averages

But with more homes on the market, buyers are becoming more price-sensitive. A sharp pricing strategy matters.

---

Bottom Line

The OKC metro is heading into 2026 as a more balanced, still-affordable, and steadily active market. Edmond remains the pricier, more competitive pocket, while higher-end homes across the metro face longer marketing times—nothing unusual for a normalizing market.

If you’re thinking about making a move in 2026 and want clarity around timing, pricing, or strategy, I’d love to sit down and map it out with you.

This is the kind of planning I truly enjoy. Let’s talk whenever you’re ready.

What Buyers & Homeowners Can Expect from the 2026 Housing Market in Oklahoma City

The 2026 housing market is starting to take shape, and plenty of buyers and homeowners across the Oklahoma City metro are asking the same question: Will next year finally feel easier?

Based on national forecasts—and what we’re seeing right here in OKC and Edmond—the answer is: Yes, slowly but surely. We’re not heading for a big reset, but we are moving toward a more balanced, navigable market.

Let’s break down what the experts predict and how it connects to our local trends.

---

Sales Activity: Gradual Improvement, Not a Jump 🚶‍♂️

National forecasts expect more home sales in 2026 as affordability improves:

• NAR: Sales up 14%
• Zillow: Up 4.3%
• Realtor.com: Up 1.7%

Locally, we’re seeing hints of this shift already.
In the OKC metro:

• Closed sales were basically flat this fall, but
• Pending sales jumped 14.3% — a sign that buyers are stepping back in
• Well-priced homes are still going under contract in 3–4 weeks

In Edmond and the upper price ranges, sales are steadier but slower. Marketing times stretch longer—especially above $700k—yet quality homes still move when the basics are right: price, condition, and style.

---

Home Prices: Still Rising, But Calmly 📈

National projections call for modest price growth, not a spike:

• Zillow: +1.2%
• NAR: +4%

Our local data reflects that same story:

• OKC median price: ~$265k, up around 2%
• Edmond median price: ~$372k, up nearly 5%
• Zillow’s OKC value index is basically flat, showing softer pricing at the lower end

Bottom line?
Prices are still rising, but at a more normal pace. Great news for homeowners, and a little more breathing room for buyers.

---

Mortgage Rates: Better Than 2025, Still Above 6% 🏦

All major forecasts agree: rates should ease, but not return to pandemic lows.

• Most estimates land around 6.3% in 2026
• Buyers reenter the market as payments become more manageable
• No one expects 3% rates again anytime soon

For OKC buyers, talking to a lender early makes a big difference. You’ll understand your payment range—and whether builders’ incentives make new construction worth comparing.

---

Inventory: More Options for Buyers, Still Balanced ⚖️

This is where the change feels real.

• OKC metro inventory is up 34% year over year
• Months’ supply climbed from 3.4 → 4.3 (a balanced market is around 4–6)
• New listings jumped nearly 29%

This shift gives buyers more choice and reduces some of the frenzy we saw in 2021–2022.

Breakdown by price:

• Under $350k: Still competitive; good homes move in 1–3 weeks
• $500k–$800k: Balanced, more negotiation
• $800k+: Often 60–90+ days on market unless perfectly aligned with today’s tastes

Edmond stays tighter than OKC overall, but luxury segments everywhere are feeling the effects of higher inventory.

---

Affordability: Slowly Improving 👍

Nationally, affordability is expected to improve for the first time in years.

Locally, we’re seeing the same trend:

• Rents in OKC are steady or slightly down
• Median rent is around $1,100–$1,360, keeping the market attractive
• A typical home payment still costs more than rent, but OKC remains affordable compared to most metros

With more inventory and softer rent growth, renters who want to buy in 2026 could be in a better position to save and qualify.

---

New Construction: Incentives Are Doing the Heavy Lifting 🏡

Across the metro—especially in Edmond, Deer Creek, Piedmont, and Southwest OKC—new construction remains a big part of our market.

Builders aren’t slashing prices. Instead, they’re offering:

• Rate buydowns
• Closing-cost incentives
• Upgrade credits

This helps keep payments manageable and gives buyers reasons to compare new vs. resale.

---

So What Does All This Mean for You?

If You’re Buying in 2026

You’ll benefit from:

• Slightly lower borrowing costs
• More listings to choose from
• Less competition than the past few years

The key is getting clear on your budget early so you can move confidently when the right home appears.

If You’re Selling in 2026

You’re still in a strong position:

• Prices are rising modestly
• Demand is stable
• OKC/Edmond remain incredibly affordable compared to national averages

But with more homes on the market, buyers are becoming more price-sensitive. A sharp pricing strategy matters.

---

Bottom Line

The OKC metro is heading into 2026 as a more balanced, still-affordable, and steadily active market. Edmond remains the pricier, more competitive pocket, while higher-end homes across the metro face longer marketing times—nothing unusual for a normalizing market.

If you’re thinking about making a move in 2026 and want clarity around timing, pricing, or strategy, I’d love to sit down and map it out with you.

This is the kind of planning I truly enjoy. Let’s talk whenever you’re ready.