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Real estate in Oklahoma City’s Musgrave-Pennington neighborhood.

Compare top Musgrave-Pennington real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for October 2026.*


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Musgrave-Pennington real estate Market Report.

Information and statistics on the latest trends in the Musgrave-Pennington real estate market. *

Latest Rolling 3-Month Snapshot

Jul 1, 2026 - Sep 30, 2026

Median sale price
$166K
+1.8% from Q2 '26
Median list price
$188K
+17% from Q2 '26
Active listings
19
No change from Q2 '26
Homes sold
12
+9.1% from Q2 '26
New pendings
6
-40% from Q2 '26
New listings
15
+15% from Q2 '26

Quarterly Pricing Trends for Musgrave-Pennington

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Musgrave-Pennington Q4 '21 Q4 '22 Q4 '23 Q4 '24 Q4 '25 Q3 '26 Median sale price in Oct 2021 - Dec 2021: $145K Median sale price in Jan 2022 - Mar 2022: $135K Median sale price in Apr 2022 - Jun 2022: $166K Median sale price in Jul 2022 - Sep 2022: $167K Median sale price in Oct 2022 - Dec 2022: $165K Median sale price in Jan 2023 - Mar 2023: $165K Median sale price in Apr 2023 - Jun 2023: $170K Median sale price in Jul 2023 - Sep 2023: $177K Median sale price in Oct 2023 - Dec 2023: $169K Median sale price in Jan 2024 - Mar 2024: $169K Median sale price in Apr 2024 - Jun 2024: $165K Median sale price in Jul 2024 - Sep 2024: $161K Median sale price in Oct 2024 - Dec 2024: $122K Median sale price in Jan 2025 - Mar 2025: $150K Median sale price in Apr 2025 - Jun 2025: $165K Median sale price in Jul 2025 - Sep 2025: $165K Median sale price in Oct 2025 - Dec 2025: $165K Median sale price in Jan 2026 - Mar 2026: $176K Median sale price in Apr 2026 - Jun 2026: $163K Median sale price in Jul 2026 - Sep 2026: $166K Median list price in Oct 2021 - Dec 2021: $140K Median list price in Jan 2022 - Mar 2022: $160K Median list price in Apr 2022 - Jun 2022: $160K Median list price in Jul 2022 - Sep 2022: $177K Median list price in Oct 2022 - Dec 2022: $155K Median list price in Jan 2023 - Mar 2023: $166K Median list price in Apr 2023 - Jun 2023: $180K Median list price in Jul 2023 - Sep 2023: $165K Median list price in Oct 2023 - Dec 2023: $173K Median list price in Jan 2024 - Mar 2024: $170K Median list price in Apr 2024 - Jun 2024: $165K Median list price in Jul 2024 - Sep 2024: $157K Median list price in Oct 2024 - Dec 2024: $190K Median list price in Jan 2025 - Mar 2025: $175K Median list price in Apr 2025 - Jun 2025: $154K Median list price in Jul 2025 - Sep 2025: $171K Median list price in Oct 2025 - Dec 2025: $173K Median list price in Jan 2026 - Mar 2026: $195K Median list price in Apr 2026 - Jun 2026: $160K Median list price in Jul 2026 - Sep 2026: $188K Oct 2021 - Dec 2021 Median sale price $145K Median list price $140K Jan 2022 - Mar 2022 Median sale price $135K Median list price $160K Apr 2022 - Jun 2022 Median sale price $166K Median list price $160K Jul 2022 - Sep 2022 Median sale price $167K Median list price $177K Oct 2022 - Dec 2022 Median sale price $165K Median list price $155K Jan 2023 - Mar 2023 Median sale price $165K Median list price $166K Apr 2023 - Jun 2023 Median sale price $170K Median list price $180K Jul 2023 - Sep 2023 Median sale price $177K Median list price $165K Oct 2023 - Dec 2023 Median sale price $169K Median list price $173K Jan 2024 - Mar 2024 Median sale price $169K Median list price $170K Apr 2024 - Jun 2024 Median sale price $165K Median list price $165K Jul 2024 - Sep 2024 Median sale price $161K Median list price $157K Oct 2024 - Dec 2024 Median sale price $122K Median list price $190K Jan 2025 - Mar 2025 Median sale price $150K Median list price $175K Apr 2025 - Jun 2025 Median sale price $165K Median list price $154K Jul 2025 - Sep 2025 Median sale price $165K Median list price $171K Oct 2025 - Dec 2025 Median sale price $165K Median list price $173K Jan 2026 - Mar 2026 Median sale price $176K Median list price $195K Apr 2026 - Jun 2026 Median sale price $163K Median list price $160K Jul 2026 - Sep 2026 Median sale price $166K Median list price $188K
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
32
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Jul 2026 - Sep 2026).

Home values in Musgrave-Pennington have been relatively steady in this rolling three-month view, with the typical home value up less than 1 percent from a year ago. Listing prices, however, are moving higher, with the median list price rising a little over 10 percent year over year, suggesting sellers are testing stronger pricing. Compared with Oklahoma City overall, Musgrave-Pennington’s typical value is lower, but the area is seeing its own distinct pricing pattern. Homes are also being priced above recent sale values, as list prices sit noticeably above the typical sale price.

Current listing and contract activity helps explain these pricing trends. Homes are selling very quickly, with the median time on market down to just 3 days, much faster than a year ago. At the same time, inventory has loosened, with months of supply roughly doubling year over year to 3.5 months, while total active listings have slipped slightly.

Closing activity is showing mixed signals in this three-month snapshot. Homes sold are up by more than a third compared with last year, yet pending sales have fallen by over half, which could point to a shifting pace of new contracts. A smaller share of properties are selling above list price than a year ago, and the average sale-to-list ratio has edged down, hinting that buyers may have a bit more room to negotiate. With conditions evolving for both sides, Agent Pronto can connect buyers and sellers with an experienced Musgrave-Pennington agent who understands these local dynamics.



Learn more about what Musgrave-Pennington has to offer.

Musgrave-Pennington offers residents a welcoming, walkable community with nearby parks, convenient local shops and dining, and reliable access to schools and essential services that support everyday life.

Musgrave-Pennington in Oklahoma City tends to attract buyers who value solid, mid-century homes, mature trees, and quick commutes as much as they value budget awareness. Longtime residents appreciate the calm, residential feel, while first-time buyers often see it as an opportunity to enter the Oklahoma City market without sacrificing space or access to daily conveniences.

Most properties are traditional single-family homes on manageable lots, which appeals to both growing households and downsizers who still want a yard. Proximity to Lake Hefner and its trails and dining options is a significant lifestyle perk, especially for cyclists, runners, and walkers. Nearby retail hubs, including spots along Northwest Expressway and MacArthur, put groceries, services, and everyday shopping within a short drive.

Families often look closely at nearby schools in Oklahoma County, using resources like Oklahoma City Public Schools and Putnam City Schools to evaluate options. The broader city’s cultural core, including destinations like the Oklahoma City Museum of Art, remains accessible, as do recreation spots such as Dolese Youth Park.

Because Musgrave-Pennington’s value often lies in block-by-block character, varying levels of renovation, and subtle price differences, working with an agent who understands neighborhood-level details is essential. Agent Pronto connects both buyers and sellers with professionals who know Musgrave-Pennington’s streets, trends, and opportunities so each move aligns with specific goals.

Find your Musgrave-Pennington real estate agent today →


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“Heather is a very responsive, and compassionate realtor. We discussed my property, the area and the options available and her advice was open and honest. She was flexible and understanding with my suggestions. Overall, Heather is honest, compassionate, flexible and a joy to work with. She will forever be my go-to realtor for me and anyone who needs a referral! Thank you Heather for everything you did! Not only was it a pleasure working with you, you made it a stressless process.”

Jennifer Bain · Skiatook, OK

Photo of Heather Rice
Century 21 First Choice Realty
“Made the entire process easy, she answered every question we had, I would use her again in a heart beat! Her knowdlege of the market was a plus, and her negotiation skills are top tier. Till this day if we have a question we can call her, very reliable and respectful.”

Jessica Maya · Oklahoma City, OK

Photo of Jessica Maya
Century 21 Judge Fite
“Chris was attentive, knowledgeable and worked on our behalf throughout the whole process! We would recommend him to anyone that needs a realtor.”

Tami · Owasso, OK

Photo of Chris Moore
Century 21 Goodyear Green
“We have used the Shane and the Willard Group for many transactions, and we will not use anyone else due to their excellence in all matters, exceptional customer service, and ability to get our desired deal done.”

Jeff and Melisa Hogan · Harrah, OK

Photo of Shane Willard
Century 21 Goodyear Green
“Great job would highly recommend to anyone Awnsered every question and concern Every time we texted never had to wait Quick response”

Helen Brown · Tulsa, OK

Photo of Tammy Rice
Keller Williams Advantage
“Enjoyed working with Kelsey and would highly recommend her to others. She was very helpful in finding the properties I was looking for.”

Val Harper · Bixby, OK

Photo of Kelsey Mink
Century 21 First Choice Realty
“Bridgett was invaluable. She helped to guide us thru a complicated, intense process and was fun while doing it. We appreciate her so much and highly recommend her.”

Donna T. · Edmond, OK

Photo of Brigett Foster
RE/MAX ReMax First
“Cynthia did a great job finding and landing a qualified buyer.”

Brian B. · Jay, OK

Photo of Cynthia Moan
Realty ONE Group Dreamers
“Dan helped us sell our home in Jones when we moved, and he was nothing short of amazing. Always professional, always going the extra mile to make sure we were comfortable and confident in every decision. So when it came time to chase our dream property, we didn’t even think twice—Dan was our guy. He did a fantastic job once again, and now I refer him to everyone I know who's looking for a realtor. He’s not just our realtor—he’s part of the family! Thanks Dan!!!”

Tara Wolfe · Marlow, OK

Photo of Dan Markus & Donica Bow
Century 21 Goodyear Green
“I worked with Esther Foley and she was great. She contacted me very soon after being assigned as my agent. She conducted a professional, courteous and detailed interview regarding what I both needed and wanted. She continued to work with me through numerous property evaluations always demonstrating a professional and courteous demeanor while employing an intelligent and insightful work-flow process until we found the right property. She frequently followed up with me keeping me informed through out the process through closing. She has followed up after the purchase as a professional courtesy. She is amazing!”

Anna W. · Broken Arrow, OK

Photo of Esther Foley
McGraw Realtors
“Shelly quickly sold our home for us! She was very knowledgeable of the current market, area, and what people were looking for during the time our home was for sale. She is very responsive and respectful of what her clients want. Would definitely recommend!”

Whitney Bourne · Lawton, OK

Photo of Shelly Milligan
Century 21 First Choice Realty
“She was a fantastic help!”

Charles W. · Tulsa, OK

Photo of Stacey Turnage
Keller Williams Realty Mulinix
“Me encanta su paciencia, amabilidad y lo profesional. Muy agradecida por toda su ayuda para hacer posible el sueño de comprar nuestra hermosa casa”

Lisis · Noble, OK

Photo of Reyna Elizalde
DC Kelley Real Estate
“Mr. Teague is an outstanding agent. His communication skills with customers is very professional. Highly recommend!”

Khoa N. · Norman, OK

Photo of David Teague
Independent Realty of Oklahoma

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Musgrave-Pennington. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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