Is Ponca City, OK 74601 a buyer’s or seller’s market?

The Ponca City housing market right now

In the three months ending August 31, 2026, 13% of homes in Ponca City, OK 74601 sold above their list price, the typical home went under contract in 75 days and there were 5.4 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 41 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 2%, homes sold more slowly (54 days then) and the median sale price rose 19% to $136,941. Overall, Ponca City is more competitive than a year ago, so tougher for buyers.

Within Kay County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 60%. On our competition score, Ponca City ranks #158 of 172 OK ZIP codes with enough sales (score 17 out of 100).

Nearby, buyers who want less competition could look at Tonkawa 74653 (0% sold over asking) or Nardin 74646 (0% sold over asking), while Newkirk 74647 (25% sold over asking) and Blackwell 74631 (18% sold over asking) are even more competitive.