Is Perkins, OK 74059 a buyer’s or seller’s market?
Perkins is a balanced market. With about 4.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 27% of U.S. ZIP codes, and #126 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 Perkins housing market right now
In the three months ending August 31, 2026, 0% of homes in Perkins, OK 74059 sold above their list price, the typical home went under contract in 32 days and there were 4.9 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 23 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (26 days then) and the median sale price rose 10% to $280,878. Overall, Perkins is about as competitive as it was a year ago.
Within Payne County, homes here sell faster than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Perkins ranks #126 of 172 OK ZIP codes with enough sales (score 31 out of 100).
Nearby, Yale 74085 (25% sold over asking) and Stillwater 74074 (21% sold over asking) are even more competitive.
Run the numbers for 74059
Nearby markets
Cushing 74023Balanced $110 /sq ftGlencoe 74032Buyer’s market $182 /sq ftRipley 74062Seller’s market $83 /sq ftStillwater 74074Seller’s market $164 /sq ft Browse all markets →Towns like Perkins nearby
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Questions about Perkins real estate
Is Perkins a buyer’s or seller’s market?
A balanced market: there were 4.9 months of supply in Perkins, OK 74059 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 Perkins?
The typical home went under contract in 32 days in the latest three months.
Do homes in Perkins sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 98.8% of the list price.
What are property taxes in Perkins?
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 Perkins?
The median sale price was $280,878 in the three months ending August 31, 2026, about $158 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