Payne County Housing Market Report May 2025Payne County, Oklahoma

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Housing Prices in Payne County, OK

How much do homes in Payne County, OK cost?

Housing Market Conditions

Is Payne County, OK a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Payne County is a Seller's Market

Difference Since May 2024

Since last year, Payne County has remained a Seller's Market.

Insight

Payne County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$216,270$144/SqFt
+$6,270
+3.0%

Based on all homes sold in the last 12 months

Insight

Homes in Payne County have sold for 3% more than they did a year ago.

Summary: The median home sold price in Payne County was $216,270 in May 2025, up 3% from last year, and the median price per square foot was $144.

Median Sold Price By Counties

Median Sold Price By Counties
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lincoln County
+11.7%
Pawnee County
+8.8%
Payne County
+3.0%
Logan County
+2.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMay 2024May 2025Change YoY
1$82.5K$85K
+3.0%
2$120.5K$85K
-29.5%
3$204.9K$211K
+3.0%
4$250.6K$273.5K
+9.1%
5$312.4K$363.9K
+16.5%

Summary: Payne County housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +3.0%. The home price for 2 bedroom homes decreased by -29.5%. The home price for 3 bedroom homes increased by +3.0%. The home price for 4 bedroom homes increased by +9.1%. The home price for 5 bedroom homes increased by +16.5%.

How does Payne County, OK compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Payne County, OK

Housing supply in Payne County, OK

How many homes are available in Payne County, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
135Last MonthMay 2025
1402 months agoApr 2025
-3.6 %
Change MoMApr – May

Summary: The Payne County real estate market had 135 homes for sale in May 2025, a 3.6 % decrease compared to Apr 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
23Last MonthMay 2025
362 months agoApr 2025
-36.1 %
Change MoMApr – May

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsApr 2025May 2025Change MoM
100
0.0%
21616
0.0%
38978
-12.4%
42530
+20.0%
51011
+10.0%

Summary: Payne County housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -12.4%. The inventory for 4 bedroom homes increased by +20.0%. The inventory for 5 bedroom homes increased by +10.0%.

Asking Price vs. Sold Price

How much do homes in Payne County, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price4 Homes

At Asking Price6 Homes

Under Asking Price13 Homes

Insight

If you're buying a home in Payne County, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Payne County in May 2025, down by 36.1% month-over-month. Of the 23 sold homes, 57% were sold under asking, 26% were sold at asking, and and 17% were sold over asking.

Days on Market for Payne County, OK

How long does it take to sell a home in Payne County, OK?

Breakdown of Home Sale Times

Under 30 Days11 Homes

30 – 90 Days10 Homes

Over 90 Days2 Homes

Insight

Many homes in Payne County are selling fast, if you're buying plan to act quickly.

Summary: During May 2025, 23 homes were sold in Payne County; 48% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
37 DaysThis YearMay 2025
40 Days1 year agoMay 2024
-7.8 %
Change YoYMay 2024 – May 2025

Summary: Homes in Payne County had an average listing age of 37 days in May 2025, down by 7.8% compared to the previous year.

Newest Listings in Payne County, OK

What homes are available in Payne County, OK?

MLS Disclaimers and Copyright

Based on information from MLS Technology Inc., MLS of Oklahoma, Western River Valley Board of REALTORS® MLS, and Heartland Multiple Listing Service Inc. for the period 06/01/2023 - 06/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 10:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 10:44:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Copyright Western River Valley Board of REALTORS® MLS. All rights reserved. Listing information provided in part by the Western River Valley BOR MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Information is deemed reliable but not guaranteed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 10:45:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDX Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

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Copyright 2025, Heartland Multiple Listing Service, Inc.

IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Properties displayed may be listed or sold by various participants in the MLS. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 10:39:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.