Meloy House · Photo: Melodibit · CC BY-SA 3.0337 homes sold in Mustang in the last year, at a typical $260K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Mustang homes are listed.
Every place Mustang homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Mustang.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 99% of Mustang’s sales, at a typical $260K
337 homes sold in the year to May 2026.
typical sale · 335 sold in 12 months
- Per square foot
- $159OK $151
- Days to sell
- 44
- Sold over asking
- 26%
- Listings with a price cut
- 30%
Multi-family (2–4 units): 1 sold, typical $265K
Townhouses: 1 sold, typical $211K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.6 times the 2016 price
337 sales in the last year, against 465 in 2021 and a low of 276 in 2024. The typical sale went from $160K in 2016 to $260K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Mustang
Check a listing against what Mustang homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Mustang are back to pre-pandemic levels, with about as many homes for sale
We read every month of Mustang’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 337 sales.
If you’re buying in Mustang
- Shop in October. It brings about 33 new listings a month, close to the busiest month, with fewer bidding wars (25% over asking).
- You can negotiate. 29% of listings have cut their price, against 21% before the pandemic.
- Bid near asking. Buyers paid 99.1% of the list price on average; 26% paid over.
- You’ll usually have time. Only 28% of homes go under contract within two weeks; the typical one takes 45 days.
Summer brings the homes; spring brings the bidding wars
August has the most new listings (about 41 a month), but April is the most competitive: 36% of April sales close over asking. October offers nearly as much choice with fewer homes bid up (25%). December has the least competition (24%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and hotter than Oklahoma
| Mustang now | 2017–19 | 2021 peak | OK now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 26% | 26% | 48% | 19% |
| Gone within two weeksShare of homes under contract within 14 days | 28% | 31% | 63% | 29% |
| Listings with a price cutShare of homes for sale that cut their price | 29% | 21% | 16% | 26% |
| Price paid vs. askingAverage sale price ÷ list price | 99.1% | 98.8% | 100.6% | 97.4% |
| Days to sellMedian days from listing to contract | 45 | 40 | 9 | 49 |
88 homes for sale on a typical day
That’s twice the 2021 low (42) and about the 2017–19 level.
1 in 3 listings has cut its price
29% in the last year, against 21% in 2017–19 and 26% across Oklahoma. More sellers are pricing high and coming down.
Mustang ranks 14th of 61 busy Oklahoma markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Mustang is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Mustang home costs about $1,562 a month
Price: Mustang’s typical sale, last 12 months. Property tax at Mustang’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Mustang is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in August
The month with the most choice. November has the fewest, about 24.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $260K home, about $2,470 a year.
Taxes vs. neighborsSchools
The schools grade for Mustang, from test results, graduation and how much students grow.
Schools in MustangCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Yukon, Bethany and Warr Acres sell for less a square foot
The busier markets within 25 miles of Mustang, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Oklahoma City | 10,085 | $270K | $159 | 19% | 45 |
| Newcastle | 378 | $284K | $166 | 16% | 83 |
| Mustang | 337 | $260K | $159 | 26% | 45 |
| Yukon | 282 | $231K | $144 | 23% | 26 |
| Bethany | 203 | $188K | $134 | 30% | 28 |
| Tuttle | 177 | $305K | $172 | 18% | 79 |
| Warr Acres | 91 | $183K | $133 | 26% | 29 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Mustang, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Mustang. People who follow the town see it, and so do people comparing Mustang with their own town. No commission, no listing fee.
Questions about buying a home in Mustang
What do homes sell for in Mustang, OK?
337 homes sold in the year to May 2026 at a typical $260K, $159 a square foot.
Is Mustang a buyer’s or seller’s market?
A seller’s market: 93 homes were for sale in May 2026 and 31 sold, about 3 months of supply. Buyers paid 99.1% of asking on average, and 29% of listings cut their price.
When is the best time to buy in Mustang?
August brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Mustang?
About 1% of a home’s value a year. On a $260K home that’s near $2,470.
Where can I see homes for sale in Mustang?
Zillow, Redfin, Realtor.com and Homes.com all carry Mustang’s MLS listings; the search links above open each one filtered to Mustang.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).