Oklahoma · as of September 2026
What counts as luxury real estate in Oklahoma
The convention this site uses
In Oklahoma, this site treats homes at $1M and above as luxury. That is our own fixed band, set so the covered markets are the ones where the top of the market actually trades at that level. It is not a loan limit and it is not a median; the medians below are the middle of each market, and luxury inventory trades well above them. The rule and its reasoning are on the methodology page.
Oklahoma's luxury markets by home value
Zillow Home Value Index, typical middle-tier home, latest month.
| Market | Median value | Ranked agents |
|---|---|---|
| Nichols Hills | $996,000 | 10 |
| Edmond | $310,000 | 10 |
| Oklahoma City | $230,000 | 10 |
| Tulsa | $216,000 | 10 |
What changes at this price in Oklahoma
Each fact links to the statute or agency that says so. Facts we could not verify against an official source are left out rather than guessed.
- Transfer and mansion taxes
- Oklahoma charges a documentary stamp tax of $0.75 per $500 of price, which is 0.15 percent, paid when the deed is recorded. Source
- Agency and dual agency
- Oklahoma abolished agency relationships in real estate brokerage in 2013. Under the Broker Relationships Act a broker owes the same statutory duties to every party it assists, and a broker may assist both buyer and seller with written notice to each. Source
- Seller disclosure
- Oklahoma sellers of residential property with one to four units must deliver either the statutory Residential Property Condition Disclosure Statement or a Disclaimer Statement before the buyer's offer is accepted. Source
- State estate or inheritance tax
- Oklahoma levies no state estate tax and no inheritance tax, so only the federal estate tax applies to a large estate. Source