Is Delaware, OK 74027 a buyer’s or seller’s market?

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

Delaware is a seller’s market. With about 3.2 months of supply and 0% 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.

Months of supply3.2Under 4 months = seller’s market

Sold above original list0%Share of sales, last 3 months

Median sale-to-list91.7%Sold price ÷ list price

Median days on market7Listing to accepted offer

Median price per sq ft$67

The Delaware housing market right now

In the three months ending August 31, 2026, 0% of homes in Delaware, OK 74027 sold above their list price, the typical home went under contract in 7 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 1 sale, these figures can swing a lot from month to month.

Nearby, Nowata 74048 (29% sold over asking) is even more competitive.

About the area

Nowata County, OK

Population	759
Median income	$48,375
Average income	$63,029
Median home value	$141,700
Median rent	$1,007/month
Owner-occupied	85% of homes
Median year built	1981

Natural hazard riskTornadoes (relatively high), extreme heat (moderate), winter storms (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 74027; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 74027

Prefilled for 74027Can I win this house?Multiple-offer likelihood for a listing Prefilled for 74027Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Lenapah 74042 — /sq ft Nowata 74048Balanced $103 /sq ft S Coffeyville 74072 $93 /sq ft Wann 74083Seller’s market $167 /sq ft Browse all markets →

Where Delaware is

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Questions about Delaware real estate

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

A seller’s market: there were 3.2 months of supply in Delaware, OK 74027 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 Delaware?

The typical home went under contract in 7 days in the latest three months.

Do homes in Delaware sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 91.7% of the list price.

What are property taxes in Delaware?

About 0.65% of a home’s value a year in Nowata County, or roughly $2,600 on a $400,000 home.

What is the median home price in Delaware?

The median sale price was $171,926 in the three months ending August 31, 2026, about $67 per square foot.

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More tools for 74027

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Nowata County property taxes Nowata County loan limits Closing costs in Oklahoma Hottest ZIP codes in Oklahoma

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