Is Howe, OK 74940 a buyer’s or seller’s market?
Howe is a buyer’s market. With about 11.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Howe housing market right now
In the three months ending August 31, 2026, 33% of homes in Howe, OK 74940 sold above their list price, the typical home went under contract in 199 days and there were 11.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room 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 rose from 0%, homes sold faster (292 days then) and the median sale price fell 77% to $257,489. Overall, Howe is more competitive than a year ago, so tougher for buyers.
Within Le Flore County, homes here sell more slowly than in any other ZIP code in the county, and sell more often over asking than in 75%.
Nearby, buyers who want less competition could look at Smithville 74957 (0% sold over asking) or Shady Point 74956 (0% sold over asking), while Muse 74949 (100% sold over asking) is even more competitive.
Run the numbers for 74940
Nearby markets
Arkoma 74901Seller’s market $118 /sq ftBokoshe 74930Seller’s market $127 /sq ftCameron 74932Balanced $157 /sq ftHeavener 74937Buyer’s market $94 /sq ft Browse all markets →Towns like Howe nearby
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Questions about Howe real estate
Is Howe a buyer’s or seller’s market?
A buyer’s market: there were 11.7 months of supply in Howe, OK 74940 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 Howe?
The typical home went under contract in 199 days in the latest three months.
Do homes in Howe sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 97.8% of the list price.
What are property taxes in Howe?
About 0.62% of a home’s value a year in Le Flore County, or roughly $2,480 on a $400,000 home.
What is the median home price in Howe?
The median sale price was $257,489 in the three months ending August 31, 2026, about $141 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