Is Konawa, OK 74849 a buyer’s or seller’s market?
Konawa is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Konawa housing market right now
In the three months ending August 31, 2026, 33% of homes in Konawa, OK 74849 sold above their list price, the typical home went under contract in 67 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. With only 3 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 50%, homes sold more slowly (56 days then) and the median sale price rose 80% to $204,911. Overall, Konawa is less competitive than a year ago, which gives buyers more room.
Within Seminole County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Sasakwa 74867 (0% sold over asking) or Seminole 74868 (11% sold over asking).
Run the numbers for 74849
Nearby markets
Earlsboro 74840Buyer’s market $156 /sq ftSasakwa 74867 $144 /sq ftSeminole 74868Seller’s market $101 /sq ftWewoka 74884Buyer’s market $97 /sq ft Browse all markets →Towns like Konawa nearby
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Questions about Konawa real estate
Is Konawa a buyer’s or seller’s market?
A balanced market: there were 4.3 months of supply in Konawa, OK 74849 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 Konawa?
The typical home went under contract in 67 days in the latest three months.
Do homes in Konawa sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 104.5% of the list price.
What are property taxes in Konawa?
About 0.62% of a home’s value a year in Seminole County, or roughly $2,480 on a $400,000 home.
What is the median home price in Konawa?
The median sale price was $204,911 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