Is Cleveland, OK 74020 a buyer’s or seller’s market?
Cleveland is a seller’s market. With about 2.3 months of supply and 4% 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 30% of U.S. ZIP codes, and #117 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 Cleveland housing market right now
In the three months ending August 31, 2026, 4% of homes in Cleveland, OK 74020 sold above their list price, the typical home went under contract in 27 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (3% then), homes sold faster (53 days then) and the median sale price fell 5% to $184,920. Overall, Cleveland is more competitive than a year ago, so tougher for buyers.
On our competition score, Cleveland ranks #117 of 172 OK ZIP codes with enough sales (score 33 out of 100).
Nearby, buyers who want less competition could look at Pawnee 74058 (0% sold over asking) or Maramec 74045 (0% sold over asking).
Run the numbers for 74020
Nearby markets
Maramec 74045Buyer’s market $37 /sq ftPawnee 74058Buyer’s market $181 /sq ftTerlton 74081 — /sq ft Browse all markets →Towns like Cleveland nearby
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Questions about Cleveland real estate
Is Cleveland a buyer’s or seller’s market?
A seller’s market: there were 2.3 months of supply in Cleveland, OK 74020 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 Cleveland?
The typical home went under contract in 27 days in the latest three months.
Do homes in Cleveland sell over asking?
4% 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 Cleveland?
About 0.67% of a home’s value a year in Pawnee County, or roughly $2,680 on a $400,000 home.
What is the median home price in Cleveland?
The median sale price was $184,920 in the three months ending August 31, 2026, about $127 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