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Is Cheyenne, OK 73628 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Cheyenne 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.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list81.2%Sold price ÷ list price
Median days on market241Listing to accepted offer
Median price per sq ft$34▼ −62.1% vs. last year

The Cheyenne housing market right now

In the three months ending August 31, 2026, 0% of homes in Cheyenne, OK 73628 sold above their list price, the typical home went under contract in 241 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 (124 days then) and the median sale price fell 59% to $64,972. Overall, Cheyenne is less competitive than a year ago, which gives buyers more room.

Run the numbers for 73628

Prefilled for 73628Can I win this house?Multiple-offer likelihood for a listing Prefilled for 73628Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Hammon 73650Seller’s market $70 /sq ftLeedey 73654Seller’s market $123 /sq ftSweetwater 73666 $108 /sq ft Browse all markets →

Towns like Cheyenne nearby

Find towns like Cheyenne in other states →
Canute, OK73626 · 26 miles away80% similarsmaller Arnett, OK73832 · 31 miles away73% similarcheaper homes ($43K less) · smaller Wheeler, TX79096 · 35 miles away61% similar10 min shorter commute Clinton, OK73601 · 40 miles away52% similarcheaper homes ($29K less) · larger

Where Cheyenne is

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Questions about Cheyenne real estate

Is Cheyenne a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Cheyenne, OK 73628 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 Cheyenne?

The typical home went under contract in 241 days in the latest three months.

Do homes in Cheyenne sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 81.2% of the list price.

What are property taxes in Cheyenne?

About 0.46% of a home’s value a year in Roger Mills County, or roughly $1,840 on a $400,000 home.

What is the median home price in Cheyenne?

The median sale price was $64,972 in the three months ending August 31, 2026, about $34 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