08/20/2026
Mortgage Rates Barely BudgeโBut Local Markets Are Moving Differently ๐ก
Usually, slower job growth and lower inflation mean lower mortgage rates. Right now, though, mortgage rates arenโt dropping as much as weโd normally expect.
The average 30-year fixed mortgage rate only dipped slightly to 6.67% as of August 13, 2026โdown from 6.69% the previous week.~Freddie Mac
Meanwhile, the latest comparable three-month data ending June 2026 shows:
โข Oklahoma City: $269,853 median sale price, down 1.9% year over year
โข Edmond: $389,000, down 2.6%
โข Moore: $238,000, up 3.6%
โข Yukon: $240,000, up 4.3%
The takeaway? This is not one uniform market. Some communities are appreciating while others are experiencing price adjustments. Buyers may have more negotiating room in certain areas, while sellers still need a strategic, neighborhood-specific pricing plan.
Wondering what these changes mean for your move? Letโs discuss your specific neighborhood and price range.
Diana Martinez, REALTORยฎ
Sterling Properties
๐ 405-464-3285
Sources: Oklahoma City, Edmond, Moore, Yukon, and Freddie Mac.