Poteau Housing Market Report May 2025•Le Flore County, Oklahoma

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Housing Prices in Poteau, OK

How much do homes in Poteau, OK cost?

Housing Market Conditions

Is Poteau, 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

Poteau is a Neutral Market

Difference Since May 2024

At the same time last year, Poteau was a Seller's Market.

Insight

Poteau is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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.
$220,000$125/SqFt
+$25,000
+12.8%

Based on all homes sold in the last 12 months

Insight

Homes in Poteau have sold for 12.8% more than they did a year ago.

Summary: The median home sold price in Poteau was $220,000 in May 2025, up 12.8% from last year, and the median price per square foot was $125.

Median Sold Price By Cities

Median Sold Price By Cities
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
Wister
+62.7%
Poteau
+12.8%
Panama-Bokoshe
-15.5%

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$62.5K$70K
+12.0%
2$142.9K$85K
-40.5%
3$193.5K$205K
+5.9%
4$240K$332.5K
+38.5%
5$301K$499K
+65.8%

Summary: Poteau housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes increased by +12.0%. The home price for 2 bedroom homes decreased by -40.5%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +38.5%. The home price for 5 bedroom homes increased by +65.8%.

How does Poteau, OK compare with other places?

Market comparison tool

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

Poteau, OK

Housing supply in Poteau, OK

How many homes are available in Poteau, 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
74Last MonthMay 2025
682 months agoApr 2025
+8.8 %
Change MoMApr – May

Summary: The Poteau real estate market had 74 homes for sale in May 2025, a 8.8 % increase 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
11Last MonthMay 2025
92 months agoApr 2025
+22.2 %
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
111
0.0%
299
0.0%
33942
+7.7%
41619
+18.8%
533
0.0%

Summary: Poteau 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 increased by +7.7%. The inventory for 4 bedroom homes increased by +18.8%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Poteau, 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 Price3 Homes

At Asking Price4 Homes

Under Asking Price3 Homes

Insight

If you're buying a home in Poteau, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in Poteau in May 2025, up by 22.2% month-over-month. Of the 10 sold homes, 30% were sold under asking, 40% were sold at asking, and and 30% were sold over asking.

Days on Market for Poteau, OK

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

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days4 Homes

Over 90 Days5 Homes

Insight

Most homes in Poteau are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2025, 11 homes were sold in Poteau; 9% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 45% 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
90 DaysThis YearMay 2025
70 Days1 year agoMay 2024
+27.1 %
Change YoYMay 2024 – May 2025

Summary: Homes in Poteau had an average listing age of 90 days in May 2025, up by 27.1% compared to the previous year.

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Newest Listings in Poteau, OK

What homes are available in Poteau, OK?

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MLS Disclaimers and Copyright

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

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: 6/20/2025, 12:45:37 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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: 6/20/2025, 12:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.