Shawnee, OK metro area Housing Market
Cold MarketComprehensive housing market data for the Shawnee, OK metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: January 2026
Median Sale Price
$200K
↓ 15.8% YoY
Days on Market
72 days
↑ 33.3% YoY
Active Inventory
300
↑ 3.1% YoY
Homes Sold
61
– 0.0% YoY
Cold Market
Inventory is high and homes are sitting longer — a buyer's market.
Shawnee, OK metro area Market Summary
The Shawnee, OK metro area housing market is cooling down. As of January 2026, the median home sale price is $200K, down 15.8% year-over-year. Homes are spending a median of 72 days on the market, 33.3% longer than a year ago.
There are 300 homes for sale — 3.1% more than last year. With 4.9 months of supply, this is a balanced market. 87 new listings were added during this period, down 10.3% year-over-year.
Homes are selling for 95.4% of their list price on average, suggesting room for negotiation. 9.8% of homes sell above their asking price. 31.3% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
86
Contributing Factors
How This Market Compares
vs. National Median
vs. Oklahoma Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 53% below the national median, which could indicate stronger cash flow potential.
Shawnee, OK metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$220K
Price per Sq Ft
$122
Sale-to-List Ratio
95.4%
Months of Supply
4.9
Sold Above List
9.8%
Price Drops
31.3%
New Listings
87
↓ 10.3% YoY
Pending Sales
97
Off Market in 2 Weeks
22.7%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.