Is Chelsea, OK 74016 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Chelsea is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4.8Under 4 months = seller’s market

Sold above original list28.6%Share of sales, last 3 months

Median sale-to-list98.8%Sold price ÷ list price

Median days on market54Listing to accepted offer

Median price per sq ft$164▲ +17.6% vs. last year

Run the numbers for 74016

Prefilled for 74016Can I win this house?Multiple-offer likelihood for a listing Prefilled for 74016Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Catoosa 74015Seller’s market $168 /sq ft Claremore 74017Seller’s market $155 /sq ft Claremore 74019Seller’s market $169 /sq ft Inola 74036Balanced $173 /sq ft Browse all markets →

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