Is Chouteau, OK 74337 a buyer’s or seller’s market?
Chouteau is a buyer’s market. With about 7.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Chouteau housing market right now
In the three months ending August 31, 2026, 25% of homes in Chouteau, OK 74337 sold above their list price, the typical home went under contract in 32 days and there were 7.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (23 days then) and the median sale price rose 43% to $278,380. Overall, Chouteau is more competitive than a year ago, so tougher for buyers.
Within Mayes County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 86%.
Nearby, buyers who want less competition could look at Spavinaw 74366 (0% sold over asking) or Salina 74365 (0% sold over asking), while Langley 74350 (50% sold over asking) is even more competitive.
Run the numbers for 74337
Nearby markets
Adair 74330Buyer’s market $190 /sq ftDisney 74340Balanced $277 /sq ftLangley 74350 $110 /sq ftLocust Grove 74352Balanced $160 /sq ft Browse all markets →Towns like Chouteau nearby
Find towns like Chouteau in other states →Where Chouteau is
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Questions about Chouteau real estate
Is Chouteau a buyer’s or seller’s market?
A buyer’s market: there were 7.6 months of supply in Chouteau, OK 74337 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 Chouteau?
The typical home went under contract in 32 days in the latest three months.
Do homes in Chouteau sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 96.4% of the list price.
What are property taxes in Chouteau?
About 0.65% of a home’s value a year in Mayes County, or roughly $2,600 on a $400,000 home.
What is the median home price in Chouteau?
The median sale price was $278,380 in the three months ending August 31, 2026, about $153 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