Is Okemah, OK 74859 a buyer’s or seller’s market?
Okemah 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.
More competitive than 2% of U.S. ZIP codes, and #170 of 172 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Okemah housing market right now
In the three months ending August 31, 2026, 6% of homes in Okemah, OK 74859 sold above their list price, the typical home went under contract in 89 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. That’s based on 16 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (75 days then) and the median sale price rose 52% to $212,408. Overall, Okemah is less competitive than a year ago, which gives buyers more room.
On our competition score, Okemah ranks #170 of 172 OK ZIP codes with enough sales (score 8 out of 100).
Nearby, buyers who want less competition could look at Weleetka 74880 (0% sold over asking) or Paden 74860 (0% sold over asking).
Run the numbers for 74859
Nearby markets
Boley 74829 — /sq ftCastle 74833 — /sq ftPaden 74860Seller’s market $189 /sq ftWeleetka 74880Seller’s market $232 /sq ft Browse all markets →Towns like Okemah nearby
Find towns like Okemah in other states →Where Okemah is
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Questions about Okemah real estate
Is Okemah a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Okemah, OK 74859 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 Okemah?
The typical home went under contract in 89 days in the latest three months.
Do homes in Okemah sell over asking?
6% of homes sold above their original list price, and the typical sale closed at 94.6% of the list price.
What are property taxes in Okemah?
About 0.48% of a home’s value a year in Okfuskee County, or roughly $1,920 on a $400,000 home.
What is the median home price in Okemah?
The median sale price was $212,408 in the three months ending August 31, 2026, about $119 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