Is Spavinaw, OK 74366 a buyer’s or seller’s market?
Spavinaw is a buyer’s market. With about 12.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Spavinaw housing market right now
In the three months ending August 31, 2026, 0% of homes in Spavinaw, OK 74366 sold above their list price, the typical home went under contract in 64 days and there were 12.8 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 fell from 20%, homes sold more slowly (45 days then) and the median sale price rose 29% to $114,450. Overall, Spavinaw is less competitive than a year ago, which gives buyers more room.
Within Mayes County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Langley 74350 (50% sold over asking) and Chouteau 74337 (25% sold over asking) are even more competitive.
Run the numbers for 74366
Nearby markets
Adair 74330Buyer’s market $190 /sq ftChouteau 74337Buyer’s market $153 /sq ftDisney 74340Balanced $277 /sq ftLangley 74350 $110 /sq ft Browse all markets →Towns like Spavinaw nearby
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Questions about Spavinaw real estate
Is Spavinaw a buyer’s or seller’s market?
A buyer’s market: there were 12.8 months of supply in Spavinaw, OK 74366 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 Spavinaw?
The typical home went under contract in 64 days in the latest three months.
Do homes in Spavinaw sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 75.0% of the list price.
What are property taxes in Spavinaw?
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 Spavinaw?
The median sale price was $114,450 in the three months ending August 31, 2026, about $78 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