Classen Ten Penn currently leans toward sellers, with the market gauge at 30 out of 100. Inventory is relatively low at 24 homes, and there were only 11 new listings in February 2026. With 8 pending sales and no homes selling above list price, buyers still have some room to negotiate.
Home values in this neighborhood are well above the broader city, with a typical home value of $430,000 compared to $265,000 in Oklahoma City overall, after a strong 31.9% year-over-year increase. Despite that rise, the typical home value is projected to hold steady at $430,000 into March 2026, while the projected median list price is expected to ease from $295,000 to about $270,050, pointing to some softening on the listing side.
Conditions on the ground show a slow pace, with homes spending a median of 319 days on the market and that timing up more than 200% from last year. Inventory has ticked up 4.35% month over month but is still down 14.29% from a year ago, while new listings have fallen nearly 39%, suggesting fewer fresh options for buyers. At the same time, pending sales are down 20% year over year and the average sale-to-list ratio sits near 0.95, signaling that properties often close below asking. Whether you are a buyer trying to capitalize on more negotiating power or a seller navigating higher values and slower timelines, Agent Pronto can connect you with an agent who understands Classen Ten Penn’s current dynamics.
