Market Intelligence Report — OK-120
Elk City, OK
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-OK-05
Updated: May 2026
Updated: May 2026
Median Listing
$179K
-16.7% YOY
Pending Ratio
0.36
+4.7% YOY
Active Inventory
108
-12.9% YOY
Median DOM
76 Days
+16.0% YOY
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Market Signals & Indicators
Supply Dynamics
108 active listings represent the current floor, with new supply arriving at roughly 28 per month.
Pricing Pressure
13.8%
of active listings carry a price reduction, +1.2% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved -13.5% year-over-year.
Absorption
0.36
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Elk City, OK
CBSA Code
21120
State
OK