Is Nowata, OK 74048 a buyer’s or seller’s market?

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

Nowata is a balanced market. With about 5.9 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.9Under 4 months = seller’s market

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

Median sale-to-list96.8%Sold price ÷ list price

Median days on market25Listing to accepted offer

Median price per sq ft$103▲ +15.1% vs. last year

Run the numbers for 74048

Prefilled for 74048Can I win this house?Multiple-offer likelihood for a listing Prefilled for 74048Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Delaware 74027Seller’s market $67 /sq ft Lenapah 74042 — /sq ft S Coffeyville 74072 $93 /sq ft Wann 74083Seller’s market $167 /sq ft Browse all markets →

More tools for 74048

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value

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