Is Welling, OK 74471 a buyer’s or seller’s market?
Welling 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.
The Welling housing market right now
In the three months ending August 31, 2026, 0% of homes in Welling, OK 74471 sold above their list price, the typical home went under contract in 224 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 1 sale, 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 (140 days then) and the median sale price fell 24% to $334,855. Overall, Welling is less competitive than a year ago, which gives buyers more room.
Within Cherokee County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Cookson 74427 (18% sold over asking) and Tahlequah 74464 (14% sold over asking) are even more competitive.
Run the numbers for 74471
Nearby markets
Cookson 74427Balanced $173 /sq ftHulbert 74441Seller’s market $162 /sq ftPark Hill 74451Balanced $181 /sq ftPeggs 74452 — /sq ft Browse all markets →Towns like Welling nearby
Find towns like Welling in other states →Where Welling is
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Questions about Welling real estate
Is Welling a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in Welling, OK 74471 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 Welling?
The typical home went under contract in 224 days in the latest three months.
Do homes in Welling sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 94.4% of the list price.
What are property taxes in Welling?
About 0.54% of a home’s value a year in Cherokee County, or roughly $2,160 on a $400,000 home.
What is the median home price in Welling?
The median sale price was $334,855 in the three months ending August 31, 2026, about $178 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