In May, home prices rose moderately from the month before, with a median listing price of $285,855.
The number of listings on the market grew 7.3%, which is typical for this time of the year in Oklahoma City, and homes are also selling at the same pace as the same time last year.
Home prices in Oklahoma City
Typically, home price per square foot in Oklahoma City tend to rise in May. But the most recent data shows that the price per square foot decreased by 0.7% compared with the month before.
So, how does this compare with the rest of the U.S.? Nationally, home price per square foot increased 0.5%, which means price changes in OKC are lagging behind the national market…