Is Elgin, OK 73538 a buyer’s or seller’s market?
Elgin is a seller’s market. With about 3.1 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.
Competition score51/ 100
More competitive than 52% of U.S. ZIP codes, and #51 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 supply3.1Under 4 months = seller’s market
Sold above original list19.6%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$167▲ +7.6% vs. last year
Run the numbers for 73538
Nearby markets
Cache 73527Seller’s market $155 /sq ftFaxon 73540 $58 /sq ftFletcher 73541Balanced $130 /sq ftGeronimo 73543Buyer’s market $138 /sq ft Browse all markets →More tools for 73538
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology