Is Blackwell, OK 74631 a buyer’s or seller’s market?

The Blackwell housing market right now

In the three months ending August 31, 2026, 18% of homes in Blackwell, OK 74631 sold above their list price, the typical home went under contract in 57 days and there were 4.3 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 17 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold faster (60 days then) and the median sale price fell 23% to $73,468. Overall, Blackwell is about as competitive as it was a year ago.

Within Kay County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Blackwell ranks #134 of 172 OK ZIP codes with enough sales (score 26 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) is even more competitive.