Is Devol, OK 73531 a buyer’s or seller’s market?
Devol is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Devol housing market right now
In the three months ending August 31, 2026, 0% of homes in Devol, OK 73531 sold above their list price, the typical home went under contract in 247 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (185 days then) and the median sale price rose 2% to $289,875. Overall, Devol is less competitive than a year ago, which gives buyers more room.
Nearby, Temple 73568 (33% sold over asking) is even more competitive.
Run the numbers for 73531
Nearby markets
Chattanooga 73528 — /sq ftHastings 73548 — /sq ftRandlett 73562Seller’s market $160 /sq ftTemple 73568Seller’s market $84 /sq ft Browse all markets →Where Devol is
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Questions about Devol real estate
Is Devol a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Devol, OK 73531 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 Devol?
The typical home went under contract in 247 days in the latest three months.
Do homes in Devol sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.6% of the list price.
What are property taxes in Devol?
About 0.74% of a home’s value a year in Cotton County, or roughly $2,960 on a $400,000 home.
What is the median home price in Devol?
The median sale price was $289,875 in the three months ending August 31, 2026, about $103 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