Owasso, OK housing market
The typical Owasso home is worth about $319,000, up 2.1% in a year, 43% above the Oklahoma typical home. Homes typically sell in 32 days, close to asking.
Home values, sales, trends and how Owasso compares with the towns next door — updated as new data is published.
Owasso at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
Show as a table
| January | Owasso | Oklahoma |
|---|---|---|
| 2017 | $198,000 | $130,000 |
| 2018 | $199,000 | $134,000 |
| 2019 | $206,000 | $139,000 |
| 2020 | $214,000 | $148,000 |
| 2021 | $234,000 | $163,000 |
| 2022 | $267,000 | $185,000 |
| 2023 | $294,000 | $203,000 |
| 2024 | $302,000 | $210,000 |
| 2025 | $311,000 | $217,000 |
| 2026 | $317,000 | $221,000 |
| August 2026 | $319,000 | $223,000 |
277 new homes permitted in 2025
Builders were permitted 277 new homes in Owasso in 2025: 134 single-family houses and 143 in buildings with two or more homes, worth about $48.3 million to build. That's 6.9 per 1,000 residents, about the pace of Oklahoma as a whole. Over the past 10 years, Owasso has permitted 3,047 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Owasso gained 9,325 residents while 2,983 new homes were permitted: about 3.1 new residents per new home. Building and growth moved roughly in step. Across Oklahoma: 1.8 new residents per new home.
How Owasso ranks on housing keeping up with growth →
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 71 | 71 | 0 | $5.6 million |
| 2025 | 277 | 134 | 143 | $48.3 million |
| 2024 | 204 | 190 | 14 | $55.9 million |
| 2023 | 589 | 167 | 422 | $91.9 million |
| 2022 | 784 | 131 | 653 | $113.5 million |
| 2021 | 324 | 258 | 66 | $62.8 million |
| 2020 | 192 | 134 | 58 | $36.1 million |
| 2019 | 150 | 86 | 64 | $25.9 million |
| 2018 | 130 | 117 | 13 | $28.5 million |
| 2017 | 207 | 177 | 30 | $42.7 million |
| 2016 | 190 | 190 | 0 | $43.2 million |
| 2015 | 537 | 204 | 333 | $66.5 million |
| 2014 | 270 | 266 | 4 | $56.7 million |
| 2013 | 512 | 238 | 274 | $55.2 million |
| 2012 | 356 | 224 | 132 | $32.8 million |
| 2011 | 179 | 179 | 0 | $22.2 million |
| 2010 | 452 | 224 | 228 | $35.1 million |
| 2009 | 302 | 302 | 0 | $31.6 million |
| 2008 | 495 | 267 | 228 | $35.9 million |
| 2007 | 605 | 305 | 300 | $48.4 million |
| 2006 | 500 | 336 | 164 | $42.4 million |
| 2005 | 518 | 518 | 0 | $52.9 million |
| 2004 | 536 | 528 | 8 | $53.4 million |
| 2003 | 495 | 495 | 0 | $47.9 million |
| 2002 | 550 | 526 | 24 | $58.5 million |
| 2001 | 406 | 406 | 0 | $41.3 million |
| 2000 | 377 | 377 | 0 | $39.1 million |
How Owasso ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Owasso and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Owasso | $319K | +2.1% | $1,390 | 277 | $79,036 |
| Collinsville | $286K | +2.1% | $1,390 | 51 | $90,570 |
4 years of income
The typical Owasso home costs about 4 years of the town's median household income, more than across Oklahoma (3.4 years).
How Owasso ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,390
HUD's Fair Market Rent for a two-bedroom in Owasso is $1,390 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Owasso pay a median of $1,270. A two-bedroom takes about 21% of the town's median household income.
Studio $1,070 · 4 bedrooms $2,110
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (74021, 74055; Tulsa, OK HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.