Is Cushing, OK 74023 a buyer’s or seller’s market?
Cushing is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 4% of U.S. ZIP codes, and #168 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 Cushing housing market right now
In the three months ending August 31, 2026, 4% of homes in Cushing, OK 74023 sold above their list price, the typical home went under contract in 67 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 27 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 16%, homes sold more slowly (51 days then) and the median sale price rose 11% to $164,929. Overall, Cushing is less competitive than a year ago, which gives buyers more room.
Within Payne County, homes here sell more slowly than in 83% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Cushing ranks #168 of 172 OK ZIP codes with enough sales (score 10 out of 100).
Nearby, buyers who want less competition could look at Ripley 74062 (0% sold over asking) or Perkins 74059 (0% sold over asking), while Yale 74085 (25% sold over asking) and Stillwater 74074 (21% sold over asking) are even more competitive.
Run the numbers for 74023
Nearby markets
Glencoe 74032Buyer’s market $182 /sq ftPerkins 74059Balanced $158 /sq ftRipley 74062Seller’s market $83 /sq ftStillwater 74074Seller’s market $164 /sq ft Browse all markets →Towns like Cushing nearby
Find towns like Cushing in other states →Where Cushing is
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Questions about Cushing real estate
Is Cushing a buyer’s or seller’s market?
A balanced market: there were 5.5 months of supply in Cushing, OK 74023 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 Cushing?
The typical home went under contract in 67 days in the latest three months.
Do homes in Cushing sell over asking?
4% of homes sold above their original list price, and the typical sale closed at 95.4% of the list price.
What are property taxes in Cushing?
About 0.85% of a home’s value a year in Payne County, or roughly $3,400 on a $400,000 home.
What is the median home price in Cushing?
The median sale price was $164,929 in the three months ending August 31, 2026, about $110 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