Is Faxon, OK 73540 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Faxon is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list95.3%Sold price ÷ list price
Median days on market10Listing to accepted offer
Median price per sq ft$58

The Faxon housing market right now

In the three months ending August 31, 2026, 0% of homes in Faxon, OK 73540 sold above their list price and the typical home went under contract in 10 days. With only 2 sales, these figures can swing a lot from month to month.

Within Comanche County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Geronimo 73543 (25% sold over asking) and Lawton 73507 (23% sold over asking) are even more competitive.

Nearby markets

Cache 73527Seller’s market $155 /sq ftElgin 73538Seller’s market $167 /sq ftFletcher 73541Balanced $130 /sq ftGeronimo 73543Buyer’s market $138 /sq ft Browse all markets →

Where Faxon is

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Questions about Faxon real estate

How fast do homes sell in Faxon?

The typical home went under contract in 10 days in the latest three months.

Do homes in Faxon sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 95.3% of the list price.

What are property taxes in Faxon?

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 Faxon?

The median sale price was $57,475 in the three months ending August 31, 2026, about $58 per square foot.

No sponsored agents in 73540 yet. Are you an agent here? Put your name in front of local buyers.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology