Is Lawton, OK 73507 a buyer’s or seller’s market?
Lawton is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 34% of U.S. ZIP codes, and #103 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, 23% of homes in Lawton, OK 73507 sold above their list price, the typical home went under contract in 51 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 85 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold faster (69 days then) and the median sale price fell 14% to $167,927. Overall, Lawton is more competitive than a year ago, so tougher for buyers.
Within Comanche County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell more often over asking than in 88%. On our competition score, Lawton ranks #103 of 172 OK ZIP codes with enough sales (score 36 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 73507
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 balanced market: there were 4 months of supply in Lawton, OK 73507 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 51 days in the latest three months.
Do homes in Lawton sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 96.7% 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 $167,927 in the three months ending August 31, 2026, about $111 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