Is Wetumka, OK 74883 a buyer’s or seller’s market?
Wetumka is a seller’s market. With about 1.3 months of supply and 20% 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 Wetumka housing market right now
In the three months ending August 31, 2026, 20% of homes in Wetumka, OK 74883 sold above their list price, the typical home went under contract in 89 days and there were 1.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 5 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold faster (246 days then) and the median sale price rose 37% to $192,417. Overall, Wetumka is more competitive than a year ago, so tougher for buyers.
Within Hughes County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Lamar 74850 (0% sold over asking) or Atwood 74827 (0% sold over asking).
Run the numbers for 74883
Nearby markets
Atwood 74827Seller’s market $117 /sq ftCalvin 74531 — /sq ftDustin 74839 — /sq ftHoldenville 74848Seller’s market $107 /sq ft Browse all markets →Towns like Wetumka nearby
Find towns like Wetumka in other states →Where Wetumka is
Loading map…
Questions about Wetumka real estate
Is Wetumka a buyer’s or seller’s market?
A seller’s market: there were 1.3 months of supply in Wetumka, OK 74883 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 Wetumka?
The typical home went under contract in 89 days in the latest three months.
Do homes in Wetumka sell over asking?
20% of homes sold above their original list price, and the typical sale closed at 95.7% of the list price.
What are property taxes in Wetumka?
About 0.60% of a home’s value a year in Hughes County, or roughly $2,400 on a $400,000 home.
What is the median home price in Wetumka?
The median sale price was $192,417 in the three months ending August 31, 2026, about $157 per square foot.
Local agents
See all agents in 74883 →No sponsored agents in 74883 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 74883
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology