☀️ Summer in Oklahoma Real Estate: High Rates, High Demand – Here's What You Need to Know
As we head into the heart of summer, the Oklahoma real estate market continues to show resilience. While interest rates remain higher than the historic lows we saw a few years ago, they haven’t stopped buyers from getting into the market. In fact, many are buying now with a clear strategy to refinance later—a smart move when paired with Oklahoma’s relatively affordable housing prices and steady market conditions.
According to recent market data, home values across the Oklahoma City metro have remained steady, with many neighborhoods even seeing modest increases in price. Despite national concerns over affordability, Oklahoma’s median home price is still well below the national average, making it an attractive market for both first-time buyers and those looking to move up.
🏡 Why Are Buyers Still Active?
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Stability in the Oklahoma market. Unlike some overheated areas of the country, Oklahoma hasn’t seen drastic price swings. That’s made buyers feel more confident.
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Inventory is moving. Homes that are priced right and well-prepared are still selling—often quickly and with multiple offers.
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Sellers are motivated, too. Many homeowners are ready to make a move this summer, creating opportunities for well-matched transactions.
🔄 “Date the rate, marry the house” has become a common phrase—and for good reason. Buyers are locking in homes now while they’re available and planning to refinance down the road when rates soften. Most analysts expect mortgage rates to trend downward in late 2025 or into 2026, making now a potentially strategic time to buy.
📈 Quick Local Stats:
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Oklahoma City metro median home price: ~$260,000 (as of spring 2025)
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Average days on market: 25–35 days, depending on area and price point
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Many buyers are still making strong offers, especially in desirable school districts and established neighborhoods like Canyon Lakes, Nichols Hills, and Edmond
💬 Thinking of Buying or Selling This Summer? Let’s Talk.
The bottom line is: the market is moving, and so are your neighbors. Whether you’re looking to upgrade, downsize, relocate, or invest—there are real opportunities out there. The key is working with a team that understands the local market and can help you navigate your timing, strategy, and financing options.
🔑 Contact The Kirby Group today:
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Wayne Kirby – 405-550-5252
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Terra Kirby – 405-618-9617
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Anna Sullivan – 405-618-9617
🌐 Or visit us online at www.thekirbygroup.agency
We live here, we work here—and we’d love to help you make your next move a smart one.
