Is Choctaw, OK 73020 a buyer’s or seller’s market?
Choctaw is a seller’s market. With about 3 months of supply and 26% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 62% of U.S. ZIP codes, and #20 of 172 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Choctaw housing market right now
In the three months ending August 31, 2026, 26% of homes in Choctaw, OK 73020 sold above their list price, the typical home went under contract in 27 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 129 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (38 days then) and the median sale price rose 8% to $351,163. Overall, Choctaw is more competitive than a year ago, so tougher for buyers.
Within Oklahoma County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 85%. On our competition score, Choctaw ranks #20 of 172 OK ZIP codes with enough sales (score 60 out of 100).
Nearby, buyers who want less competition could look at Oklahoma City 73169 (0% sold over asking) or Oklahoma City 73149 (0% sold over asking), while Oklahoma City 73115 (40% sold over asking) and Oklahoma City 73128 (37% sold over asking) are even more competitive.
Run the numbers for 73020
Nearby markets
Arcadia 73007Buyer’s market $230 /sq ftBethany 73008Seller’s market $139 /sq ftEdmond 73003Seller’s market $161 /sq ftEdmond 73012Seller’s market $171 /sq ft Browse all markets →Towns like Choctaw nearby
Find towns like Choctaw in other states →Where Choctaw is
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Questions about Choctaw real estate
Is Choctaw a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Choctaw, OK 73020 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Choctaw?
The typical home went under contract in 27 days in the latest three months.
Do homes in Choctaw sell over asking?
26% of homes sold above their original list price, and the typical sale closed at 99.0% of the list price.
What are property taxes in Choctaw?
About 0.97% of a home’s value a year in Oklahoma County, or roughly $3,880 on a $400,000 home.
What is the median home price in Choctaw?
The median sale price was $351,163 in the three months ending August 31, 2026, about $176 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology