Market Intelligence Report — OK-540

McAlester, OK

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OK-09
As of the latest 2026 data
Very Weak

Median Listing

$280K
+11.9% YoY

Pending Ratio

0.21
+2.0% YoY

Active Inventory

284
-3.7% YoY

Median DOM

88 Days
+12.1% YoY

Primary Intelligence Tool — Sold Score™

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The McAlester, OK residential market currently exhibits very weak conditions, primarily driven by a pending ratio of 0.21. This metric indicates that demand absorption is significantly lagging behind available supply, despite a slight year-over-year increase in the pending ratio. Active listings remain relatively constrained, yet fail to absorb available inventory effectively.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the McAlester market right now.

Active listings have contracted by 3.7% over the past year, while new listings also saw a modest decline of 3.3% during the same period. Despite this, the median listing price has appreciated by 11.9% year-over-year, alongside an 11.1% increase in median price per square foot. Median days on market have extended by 12.1% year-over-year, reaching 88 days, suggesting a slower pace of transactions. Concurrently, the share of price-reduced listings has risen by 4.0% over the past year, now standing at 21.6%.

Historical Analysis

Market Trends

Median Price

$280K-3.5% MoM

Active Inventory

284-3.7% YoY

Days on Market

88+12.1% YoY

Sold Score™

31+2.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

31
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this environment, buyers are afforded considerable leverage due to the limited pace of absorption and extended market times. The low pending ratio suggests that supply significantly outweighs current demand, placing pressure on sellers to exercise price discipline. The elevated share of price reductions further indicates that competition for buyers is intense, favoring those with patience and strategic negotiation.

Luxury Segment

The average listing price in McAlester has increased by 8.6% over the past year, trailing the 11.9% increase in the median listing price. This indicates a divergence where the higher end of the market is not appreciating at the same rate as the broader market, suggesting some softness in the luxury segment. The median price per square foot has increased by 11.1%.

Supply Dynamics

284 active listings represent the current floor, with new supply arriving at roughly 58 per month.

Pricing Pressure
21.6%

of active listings carry a price reduction, +4.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +11.1% year-over-year.

Absorption
0.21

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in McAlester, OK? Homes here are taking 9 days longer to sell than last year.

Buyers have leverage in McAlester, OK. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
21%
Median Days on Market
88 days
Inventory YoY
−4%

In a buyer's market, strategy beats timing. See how your home scores in McAlester, OK and what moves the number.

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Metro Demographics

Metro Area
McAlester, OK
CBSA Code
32540
State
OK

ZIPs in McAlester, OK

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in McAlester?+

    As of the latest 2026 data, the McAlester metro is classified as Very Weak. Pending ratio is 0.21 with median days on market at 88.

  • Are home prices dropping in McAlester?+

    Median listing price is $280K, +11.9% year over year. 21.6% of active listings carry a price reduction.

  • How fast are homes selling in McAlester?+

    The typical listing sits 88 days on market, a +12.1% change YoY. New listings are arriving at 58 per month.

  • What's happening in the McAlester luxury market?+

    The average listing price in McAlester has increased by 8.6% over the past year, trailing the 11.9% increase in the median listing price. This indicates a divergence where the higher end of the market is not appreciating at the same rate as the broader market, suggesting some softness in the luxury segment. The median price per square foot has increased by 11.1%.

  • Where can I find a trusted McAlester real estate expert?+

    Primpted maintains a vetted registry of McAlester agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 32540 · 36mo history