“Chris was attentive, knowledgeable and worked on our behalf throughout the whole process! We would recommend him to anyone that needs a realtor.”
Century 21 Goodyear Green
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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 April 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, updated for April 2026. *
Home values in Musgrave-Pennington have been edging up, with the typical home now around $175,500 after a 6.36% increase over the past year. That is well below the broader Oklahoma City typical value of about $271,000. Month to month, gains are modest at 0.29%, suggesting more gradual price movement rather than big swings. Sellers are still in a favorable spot overall, reflected in the current seller’s market reading.
Listing and contract activity helps explain these trends. The median list price sits near $190,000, but is projected to dip to about $185,500 next month, matching a recent 4.52% month-over-month decline. Only about 12.5% of homes are selling above list, and the average sale-to-list price ratio is about 0.976, hinting that buyers have some room to negotiate.
On the supply side, inventory has risen strongly over the year, up 133.33% to 7 active listings, though it just dropped 36.36% month over month and is projected to shrink further to about 5 homes. New listings and pending sales are holding steady compared with last year, both unchanged at 11, and homes are spending about 51 days on the market despite a sharp year-over-year increase in that timing. With Oklahoma City showing far more inventory at roughly 2,821 homes, Musgrave-Pennington feels tighter by comparison. In this kind of seller-leaning but negotiable environment, both buyers and sellers can benefit from Agent Pronto’s help in finding the right local agent to guide their next move.
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Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
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.
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“We moved across the country. It was very important that we had a realtor that we could trust to work locally while we were not there. Heather was excellent with communication and responsiveness! Our move had several serious challenges that Heather was able to help us with, with compassion and responsiveness. Thank you Heather, so very much for all of your assistance!”
Century 21 First Choice Realty
“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.”
Century 21 Goodyear Green
“Enjoyed working with Kelsey and would highly recommend her to others. She was very helpful in finding the properties I was looking for.”
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.”
RE/MAX ReMax First
“Cynthia did a great job finding and landing a qualified buyer.”
Chinowth & Cohen
“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!!!”
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!”
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!”
Century 21 First Choice Realty
“She was a fantastic help!”
Keller Williams Realty Mulinix
“Just read my comments..”
Century 21 Wright Real Estate
“Me encanta su paciencia, amabilidad y lo profesional. Muy agradecida por toda su ayuda para hacer posible el sueño de comprar nuestra hermosa casa”
DC Kelley Real Estate
“Mr. Teague is an outstanding agent. His communication skills with customers is very professional. Highly recommend!”
Independent Realty of Oklahoma
“Jacky worked very hard for her job.”
Kelley Realty
Frequently Asked Questions
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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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Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
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We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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No. Agent Pronto is a free service for home buyers and sellers and you are under no obligation to work with our recommended agents. Find your Musgrave-Pennington Realtor® or real estate agent today.
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