Is Mcalester, OK 74501 a buyer’s or seller’s market?
Mcalester 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.
More competitive than 25% of U.S. ZIP codes, and #129 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 Mcalester housing market right now
In the three months ending August 31, 2026, 15% of homes in Mcalester, OK 74501 sold above their list price, the typical home went under contract in 51 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 75 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 12%, homes sold about as fast and the median sale price rose 7% to $181,921. Overall, Mcalester is about as competitive as it was a year ago.
Within Pittsburg County, homes here sell faster than in 88% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Mcalester ranks #129 of 172 OK ZIP codes with enough sales (score 29 out of 100).
Nearby, buyers who want less competition could look at Quinton 74561 (0% sold over asking) or Pittsburg 74560 (0% sold over asking), while Indianola 74442 (100% sold over asking) and Krebs 74554 (50% sold over asking) are even more competitive.
Run the numbers for 74501
Nearby markets
Blanco 74528 — /sq ftCanadian 74425Buyer’s market $155 /sq ftCrowder 74430 — /sq ftHaileyville 74546 $84 /sq ft Browse all markets →Towns like Mcalester nearby
Find towns like Mcalester in other states →Where Mcalester is
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Questions about Mcalester real estate
Is Mcalester a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Mcalester, OK 74501 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 Mcalester?
The typical home went under contract in 51 days in the latest three months.
Do homes in Mcalester sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 97.1% of the list price.
What are property taxes in Mcalester?
About 0.50% of a home’s value a year in Pittsburg County, or roughly $2,000 on a $400,000 home.
What is the median home price in Mcalester?
The median sale price was $181,921 in the three months ending August 31, 2026, about $122 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