Is Lawton, OK 73505 a buyer’s or seller’s market?
Lawton is a seller’s market. With about 3 months of supply and 21% 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 46% of U.S. ZIP codes, and #69 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 Lawton housing market right now
In the three months ending August 31, 2026, 21% of homes in Lawton, OK 73505 sold above their list price, the typical home went under contract in 38 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 193 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (22% then), homes sold faster (60 days then) and the median sale price fell 5% to $166,278. Overall, Lawton is more competitive than a year ago, so tougher for buyers.
Within Comanche County, homes here sell faster than in 63% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Lawton ranks #69 of 172 OK ZIP codes with enough sales (score 46 out of 100).
Nearby, buyers who want less competition could look at Sterling 73567 (0% sold over asking) or Faxon 73540 (0% sold over asking), while Geronimo 73543 (25% sold over asking) is even more competitive.
Run the numbers for 73505
Nearby markets
Cache 73527Seller’s market $155 /sq ftElgin 73538Seller’s market $167 /sq ftFaxon 73540 $58 /sq ftFletcher 73541Balanced $130 /sq ft Browse all markets →Towns like Lawton nearby
Find towns like Lawton in other states →Where Lawton is
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Questions about Lawton real estate
Is Lawton a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Lawton, OK 73505 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 Lawton?
The typical home went under contract in 38 days in the latest three months.
Do homes in Lawton sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.
What are property taxes in Lawton?
About 0.88% of a home’s value a year in Comanche County, or roughly $3,520 on a $400,000 home.
What is the median home price in Lawton?
The median sale price was $166,278 in the three months ending August 31, 2026, about $109 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