Lawton, OK metro area Housing Market

Cold Market

Comprehensive housing market data for the Lawton, 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

$194K

17.4% YoY

Days on Market

86 days

0.0% YoY

Active Inventory

558

6.9% YoY

Homes Sold

90

27.4% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

Lawton, OK metro area Market Summary

The Lawton, OK metro area housing market is cooling down. As of January 2026, the median home sale price is $194K, up 17.4% year-over-year. Homes are spending a median of 86 days on the market, 0.0% shorter than a year ago.

There are 558 homes for sale — 6.9% more than last year. With 6.2 months of supply, this is a buyer's market. 140 new listings were added during this period, down 11.9% year-over-year.

Homes are selling for 98.0% of their list price on average, suggesting room for negotiation. 21.1% of homes sell above their asking price. 15.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

80

Contributing Factors

Months of Supply 6.2
Days on Market 86
Price Drops 15.1%
Sale-to-List Ratio 98.0%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 54.2%
Days on Market (National: 66) 30.3%
Inventory (National: 1,210,379) 100.0%

vs. Oklahoma Median

Median Price (Oklahoma: $245K) 20.9%
Days on Market (Oklahoma: 63) 36.5%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 54% below the national median, which could indicate stronger cash flow potential.

Lawton, 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

$191K

Price per Sq Ft

$122

Sale-to-List Ratio

98.0%

Months of Supply

6.2

Sold Above List

21.1%

Price Drops

15.1%

New Listings

140

11.9% YoY

Pending Sales

153

Off Market in 2 Weeks

24.8%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.