Is Elk City, OK 73644 a buyer’s or seller’s market?
Elk City is a seller’s market. With about 3.9 months of supply and 10% 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 13% of U.S. ZIP codes, and #152 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 Elk City housing market right now
In the three months ending August 31, 2026, 10% of homes in Elk City, OK 73644 sold above their list price, the typical home went under contract in 64 days and there were 3.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 41 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 4%, homes sold more slowly (42 days then) and the median sale price fell 31% to $151,434. Overall, Elk City is about as competitive as it was a year ago.
On our competition score, Elk City ranks #152 of 172 OK ZIP codes with enough sales (score 19 out of 100).
Nearby, buyers who want less competition could look at Erick 73645 (0% sold over asking), while Sayre 73662 (13% sold over asking) is even more competitive.
Run the numbers for 73644
Nearby markets
Carter 73627 — /sq ftErick 73645Buyer’s market $151 /sq ftSayre 73662Buyer’s market $59 /sq ftTexola 73668 — /sq ft Browse all markets →Towns like Elk City nearby
Find towns like Elk City in other states →Where Elk City is
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Questions about Elk City real estate
Is Elk City a buyer’s or seller’s market?
A seller’s market: there were 3.9 months of supply in Elk City, OK 73644 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 Elk City?
The typical home went under contract in 64 days in the latest three months.
Do homes in Elk City sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 94.3% of the list price.
What are property taxes in Elk City?
About 0.84% of a home’s value a year in Beckham County, or roughly $3,360 on a $400,000 home.
What is the median home price in Elk City?
The median sale price was $151,434 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