Is Allen, OK 74825 a buyer’s or seller’s market?
Allen is a seller’s market. With about 2.8 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 Allen housing market right now
In the three months ending August 31, 2026, 0% of homes in Allen, OK 74825 sold above their list price, the typical home went under contract in 131 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 11%, homes sold more slowly (23 days then) and the median sale price fell 15% to $147,936. Overall, Allen is less competitive than a year ago, which gives buyers more room.
Within Pontotoc County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Roff 74865 (20% sold over asking) and Ada 74820 (17% sold over asking) are even more competitive.
Run the numbers for 74825
Nearby markets
Ada 74820Seller’s market $123 /sq ftFitzhugh 74843 $267 /sq ftRoff 74865Seller’s market $117 /sq ftStonewall 74871Seller’s market $145 /sq ft Browse all markets →Towns like Allen nearby
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Questions about Allen real estate
Is Allen a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Allen, OK 74825 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 Allen?
The typical home went under contract in 131 days in the latest three months.
Do homes in Allen sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 92.9% of the list price.
What are property taxes in Allen?
About 0.65% of a home’s value a year in Pontotoc County, or roughly $2,600 on a $400,000 home.
What is the median home price in Allen?
The median sale price was $147,936 in the three months ending August 31, 2026, about $96 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