Is Prague, OK 74864 a buyer’s or seller’s market?
Prague is a seller’s market. With about 3 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.
More competitive than 22% of U.S. ZIP codes, and #133 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 Prague housing market right now
In the three months ending August 31, 2026, 0% of homes in Prague, OK 74864 sold above their list price, the typical home went under contract in 34 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 19 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (41 days then) and the median sale price rose 25% to $224,903. Overall, Prague is about as competitive as it was a year ago.
Within Lincoln County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Prague ranks #133 of 172 OK ZIP codes with enough sales (score 27 out of 100).
Nearby, Carney 74832 (33% sold over asking) and Wellston 74881 (31% sold over asking) are even more competitive.
Run the numbers for 74864
Nearby markets
Agra 74824Seller’s market $155 /sq ftCarney 74832Balanced $119 /sq ftChandler 74834Seller’s market $137 /sq ftDavenport 74026Buyer’s market $43 /sq ft Browse all markets →Towns like Prague nearby
Find towns like Prague in other states →Where Prague is
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Questions about Prague real estate
Is Prague a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Prague, OK 74864 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 Prague?
The typical home went under contract in 34 days in the latest three months.
Do homes in Prague sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.6% of the list price.
What are property taxes in Prague?
About 0.56% of a home’s value a year in Lincoln County, or roughly $2,240 on a $400,000 home.
What is the median home price in Prague?
The median sale price was $224,903 in the three months ending August 31, 2026, about $127 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