Lawton, OK metro area Housing Market

Cool 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: March 2026

Median Sale Price

$168K

9.9% YoY

Days on Market

78 days

16.4% YoY

Active Inventory

602

9.5% YoY

Homes Sold

128

3.8% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Lawton, OK metro area Market Summary

The Lawton, OK metro area housing market is cooling down. As of March 2026, the median home sale price is $168K, down 9.9% year-over-year. Homes are spending a median of 78 days on the market, 16.4% longer than a year ago.

There are 602 homes for sale — 9.5% more than last year. With 4.7 months of supply, this is a balanced market. 212 new listings were added during this period, up 8.2% year-over-year.

Homes are selling for 98.5% of their list price on average, suggesting room for negotiation. 22.7% of homes sell above their asking price. 17.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 4.7
Days on Market 78
Price Drops 17.1%
Sale-to-List Ratio 98.5%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 61.6%
Days on Market (National: 55) 41.8%
Inventory (National: 1,314,690) 100.0%

vs. Oklahoma Median

Median Price (Oklahoma: $257K) 34.8%
Days on Market (Oklahoma: 62) 25.8%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 62% below the national median, which could indicate stronger cash flow potential.

Lawton, OK metro area Market Trends

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Detailed Market Metrics

Median List Price

$195K

Price per Sq Ft

$112

Sale-to-List Ratio

98.5%

Months of Supply

4.7

Sold Above List

22.7%

Price Drops

17.1%

New Listings

212

8.2% YoY

Pending Sales

175

Off Market in 2 Weeks

30.9%

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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.