Is Checotah, OK 74426 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Checotah is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score7/ 100

More competitive than 2% of U.S. ZIP codes, and #171 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

Months of supply4.8Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list93.3%Sold price ÷ list price
Median days on market77Listing to accepted offer
Median price per sq ft$150▼ −3.2% vs. last year

The Checotah housing market right now

In the three months ending August 31, 2026, 0% of homes in Checotah, OK 74426 sold above their list price, the typical home went under contract in 77 days and there were 4.8 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 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (53 days then) and the median sale price rose 3% to $198,414. Overall, Checotah is less competitive than a year ago, which gives buyers more room.

On our competition score, Checotah ranks #171 of 172 OK ZIP codes with enough sales (score 7 out of 100).

Nearby, Eufaula 74432 (7% sold over asking) is even more competitive.

Nearby markets

Council Hill 74428Seller’s market $205 /sq ftEufaula 74432Buyer’s market $212 /sq ftHanna 74845 — /sq ft Browse all markets →

Where Checotah is

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Questions about Checotah real estate

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

A balanced market: there were 4.8 months of supply in Checotah, OK 74426 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 Checotah?

The typical home went under contract in 77 days in the latest three months.

Do homes in Checotah sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 93.3% of the list price.

What are property taxes in Checotah?

About 0.57% of a home’s value a year in McIntosh County, or roughly $2,280 on a $400,000 home.

What is the median home price in Checotah?

The median sale price was $198,414 in the three months ending August 31, 2026, about $150 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