StateRates

Tulsa house prices

House prices in the Tulsa, OK metro area rose 1.8% over the year to 2026 Q2, and are +37.3% over five years. It ranks #55 of the 100 metro areas FHFA tracks.

Oklahoma

One year +1.8% #55 of 100 metros
Five years +37.3% since 2021 Q2
Ten years +86.5% since 2016 Q2
From peak -0.6% peak 2025 Q4

How Tulsa compares

Tulsa is moving more slowly than the typical American market, where the median state changed +2.7% over the same year. Within its own state it is running 0.1 percentage points behind Oklahoma overall, which is the more useful comparison, since a metro and its state share the same mortgage market and much of the same economy.

Prices are at or near their record level for this market. At the current 30-year mortgage rate of 6.71%, a $300,000 loan costs about $1,938 a month in principal and interest.

Fifteen years of the index

Q2 of each year, index base 100 in 1991. Source: Federal Housing Finance Agency, House Price Index, purchase-only, quarterly, not seasonally adjusted.

Nearby metro areas

Other metros in the same states
Metro area One year Five years Index
Oklahoma City, OK +2.3% +27.6% 408.04

Tulsa house prices: common questions

Are house prices going up in Tulsa?

Yes. Prices rose 1.8% over the year to 2026 Q2. Across the 100 metros tracked, Tulsa ranks #55 for one-year growth. That is 0.1 percentage points slower than Oklahoma as a whole.

How much have Tulsa prices risen long term?

+37.3% over five years, +86.5% over ten, and +294% since the index began in 1991.

Has Tulsa recovered its previous peak?

Yes, the index is at or near its record high, set in 2025 Q4.

What exactly is being measured?

The FHFA purchase-only house price index, built from repeat sales of the same properties financed by mortgages Fannie Mae or Freddie Mac bought. It tracks price movement rather than price level, and it excludes cash purchases and homes bought with jumbo or government-backed loans, so very high and very low ends of a market are underrepresented.