Is Poteau, OK 74953 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Poteau is a seller’s market. With about 3.3 months of supply and 15% 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.

Competition score42/ 100

More competitive than 42% of U.S. ZIP codes, and #85 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

Months of supply3.3Under 4 months = seller’s market
Sold above original list15.2%Share of sales, last 3 months
Median sale-to-list98%Sold price ÷ list price
Median days on market38Listing to accepted offer
Median price per sq ft$136▲ +7.5% vs. last year

The Poteau housing market right now

In the three months ending August 31, 2026, 15% of homes in Poteau, OK 74953 sold above their list price, the typical home went under contract in 38 days and there were 3.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 47 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold about as fast and the median sale price rose 16% to $229,901. Overall, Poteau is less competitive than a year ago, which gives buyers more room.

Within Le Flore County, homes here sell faster than in 92% of the county’s ZIP codes, and sell less often over asking than in 58%. On our competition score, Poteau ranks #85 of 172 OK ZIP codes with enough sales (score 42 out of 100).

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) and Arkoma 74901 (33% sold over asking) are even more competitive.

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 →

Where Poteau is

Loading map…

Questions about Poteau real estate

Is Poteau a buyer’s or seller’s market?

A seller’s market: there were 3.3 months of supply in Poteau, OK 74953 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 Poteau?

The typical home went under contract in 38 days in the latest three months.

Do homes in Poteau sell over asking?

15% of homes sold above their original list price, and the typical sale closed at 98.0% of the list price.

What are property taxes in Poteau?

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 Poteau?

The median sale price was $229,901 in the three months ending August 31, 2026, about $136 per square foot.

No sponsored agents in 74953 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 74953

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology