Is Jennings, OK 74038 a buyer’s or seller’s market?

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

Jennings is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list88.2%Sold price ÷ list price
Median days on market203Listing to accepted offer
Median price per sq ft$138▼ −35.0% vs. last year

The Jennings housing market right now

In the three months ending August 31, 2026, 0% of homes in Jennings, OK 74038 sold above their list price, the typical home went under contract in 203 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, 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 (38 days then) and the median sale price rose 22% to $362,843. Overall, Jennings is less competitive than a year ago, which gives buyers more room.

Within Creek County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Depew 74028 (100% sold over asking) and Kellyville 74039 (46% sold over asking) are even more competitive.

Nearby markets

Bristow 74010Balanced $146 /sq ftDepew 74028 $153 /sq ftDrumright 74030Seller’s market $104 /sq ftKellyville 74039Seller’s market $158 /sq ft Browse all markets →

Where Jennings is

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Questions about Jennings real estate

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

A buyer’s market: there were 9.6 months of supply in Jennings, OK 74038 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 Jennings?

The typical home went under contract in 203 days in the latest three months.

Do homes in Jennings sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 88.2% of the list price.

What are property taxes in Jennings?

About 0.71% of a home’s value a year in Creek County, or roughly $2,840 on a $400,000 home.

What is the median home price in Jennings?

The median sale price was $362,843 in the three months ending August 31, 2026, about $138 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