Is Newkirk, OK 74647 a buyer’s or seller’s market?
Newkirk is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Newkirk housing market right now
In the three months ending August 31, 2026, 25% of homes in Newkirk, OK 74647 sold above their list price, the typical home went under contract in 46 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (44 days then) and the median sale price fell 21% to $131,443. Overall, Newkirk is more competitive than a year ago, so tougher for buyers.
Within Kay County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Tonkawa 74653 (0% sold over asking) or Nardin 74646 (0% sold over asking).
Run the numbers for 74647
Nearby markets
Blackwell 74631Balanced $62 /sq ftBraman 74632 — /sq ftKaw City 74641Buyer’s market $168 /sq ftNardin 74646 $127 /sq ft Browse all markets →Towns like Newkirk nearby
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Questions about Newkirk real estate
Is Newkirk a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Newkirk, OK 74647 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 Newkirk?
The typical home went under contract in 46 days in the latest three months.
Do homes in Newkirk sell over asking?
25% 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 Newkirk?
About 0.66% of a home’s value a year in Kay County, or roughly $2,640 on a $400,000 home.
What is the median home price in Newkirk?
The median sale price was $131,443 in the three months ending August 31, 2026, about $89 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