08/05/2026
Oklahoma County property values have experienced significant long-term growth, rising by nearly 7% to 7.4% in overall county valuation year-over-year, while recent retail housing data shows a stabilization in market values. Property values within the county represent approximately 23% of the total real estate value of the State of Oklahoma.The data below breaks down property value dynamics across Oklahoma County using percentage metrics from the Oklahoma County Assessor's Office and current Zillow Housing Market Trends.County Assessment & Valuation GrowthAnnual valuation reporting highlights how appreciation and new construction impact overall county value:7.4% Increase: The total market value of all properties tracked by the Oklahoma County Assessor rose by 7.4% over a single year period.
220% Growth: Total property values across the county have surged by over 220% since 2005.
11.0% Assessment Ratio: The taxable assessed value for real property is strictly set at 11% of its total fair market value.
Local City Growth Disparities
Residential property appreciation varies significantly depending on the specific municipality within Oklahoma County:
10.9% Growth:
Valley Brook registered the highest single-year property value increase in the county.
4.52% Growth:
Edmond logged the slowest rate of valuation growth, despite maintaining some of the highest baseline property values.
2.4% Unit Increase:
Edmond offset its slower value appreciation by increasing its total taxable residential inventory by 2.4%.
Housing Market Sale Percentages
Recent retail housing data highlights buyer-seller dynamics and how listing prices compare to final sales across the county:
0.077% Decrease: The median sales price of a home dropped slightly by 0.077% year-over-year.
99.2% Sale-to-List Ratio: Homes sell at a median of 99.2% of their initial listing price, indicating a balanced negotiation market.
53.9% Under List Price: More than half of all homes sold (53.9%) went for less than the seller's original asking price.
22.8% Over List Price: Roughly one-fifth of transactions (22.8%) closed above the initial asking price due to local competition.
Constitutional Property Tax Caps
Oklahoma places statutory percentage limits on how quickly tax assessments can rise for existing property owners:
3.0% Homestead Cap: Annual taxable valuation hikes are capped at 3% for primary residential properties and agricultural lands.
5.0% Commercial Cap: All other locally assessed properties (like commercial real estate or rental homes) face a flat 5% annual valuation cap.
If you’re interested in particular properties, you can look up property on the internationally award winning website. If you wish to visit, you can always call the friendliest staff at 405-713-1200 and you will always talk to a real person to answer your questions.
https://www.oklahomacounty.org/elected-offices/assessor
Assessor of Oklahoma County Government, Larry Stein
