If you’re buying, selling, investing, or simply watching the market, this Eastern Oklahoma housing market report provides a snapshot of what is happening across several key communities in our region.
Prepared by Donnie Weddle, REALTOR®, this report utilizes market data from Altos Research and the Greater Tulsa Association of REALTORS® (GTAR) to help homeowners, buyers, and investors make informed decisions.
For additional real estate resources, visit Southern Belle Properties:
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Eastern Oklahoma Housing Market Report: Inventory Continues to Rise
One of the most important trends in this Eastern Oklahoma housing market report is the continued increase in active inventory.
During the pandemic housing boom, available homes reached historic lows. Today, inventory continues to rebuild across Oklahoma, giving buyers more choices while creating additional competition for sellers.
This doesn’t mean the market is weak. It means pricing strategy matters more than ever.
The strongest sellers are:
- Pricing accurately from day one
- Preparing homes properly
- Understanding local market conditions
- Following market data rather than emotions
McAlester Market Update
McAlester continues to show a slight seller advantage.
Current Market Metrics:
- Median List Price: $232,000
- Median New Listing Price: $229,900
- Inventory: 121 homes
- Market Action Index: 33
- Median Days on Market: 77
- Price Reductions: 50%
The most telling statistic is that half of all active listings have experienced a price reduction. This reinforces the importance of proper pricing at the time a home enters the market.
Broken Arrow Market Update
Broken Arrow remains one of the healthiest markets in the Tulsa metro area.
Current Market Metrics:
- Median List Price: $355,000
- Median New Listing Price: $338,000
- Inventory: 155 homes
- Market Action Index: 43
- Median Days on Market: 35
- Price Reductions: 37%
While inventory has increased, buyers continue to absorb homes at a healthy pace.
Tulsa 74107 Market Update
The 74107 area remains one of the strongest seller markets reviewed in this Eastern Oklahoma housing market report.
Current Market Metrics:
- Median List Price: $215,000
- Inventory: 33 homes
- Market Action Index: 47
- Average Days on Market: 77
- Median Days on Market: 28
- Price Reductions: 36%
Limited inventory continues supporting home values despite increasing supply throughout the region.
Eufaula Market Update
Eufaula continues to operate differently than many traditional residential markets due to its strong recreational and lake-home influence.
Current Market Metrics:
- Median List Price: Approximately $480,000
- Inventory: 175 homes
- Market Action Index: 25
As inventory rises, buyers are gaining additional leverage, creating a more balanced market environment.
What This Means For Sellers
The data is clear.
Homes are still selling.
Buyers are still active.
However, buyers now have more options than they did just a few years ago.
The homeowners achieving the best results are those who:
- Price correctly
- Understand local competition
- Prepare their property for market
- Work with professionals who understand the data
This Eastern Oklahoma housing market report shows that today’s market rewards strategy, not guesswork.
About This Report
This Eastern Oklahoma housing market report was prepared by Donnie Weddle, REALTOR®, utilizing market data from Altos Research and the Greater Tulsa Association of REALTORS® (GTAR).
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