Is Shawnee, OK 74802 a buyer’s or seller’s market?
Shawnee is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Shawnee housing market right now
In the three months ending August 31, 2026, 0% of homes in Shawnee, OK 74802 sold above their list price, the typical home went under contract in 5 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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) and the median sale price fell 52% to $229,901. Overall, Shawnee is about as competitive as it was a year ago.
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Questions about Shawnee real estate
Is Shawnee a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Shawnee, OK 74802 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 Shawnee?
The typical home went under contract in 5 days in the latest three months.
Do homes in Shawnee sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What is the median home price in Shawnee?
The median sale price was $229,901 in the three months ending August 31, 2026, about $203 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