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NOWATA, OK 74048

Real Estate Market Report  ·  Nowata County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
24
⇧ 84.6% vs 13 last year
Pending
6
25% pending ratio
Median Price
$149,500
⇩ 19.1% vs $184,750 last year
Average Price
$189,494
⇩ 0.7% vs $190,861 last year
Days on Market
100
⇧ 1% vs 99 days last year

Market Context

Population: 5,524  ·  Density: 10.1/mi²  ·  Median household income: $49,339

Typical home value: $115,119  ·  Homeownership: 66.4%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NOWATA, OK real estate market (74048) currently shows 24 active listings, with 6 pending sales. Homes are averaging 100 days on the market before going under contract.

Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 100 days on market compared to 99 days last year.

The median listing price has fallen 19.1% year-over-year, from $184,750 to $149,500.

Whether you are buying or selling in NOWATA, OK, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 24 this year vs 13 last year
  • Days on market: 100 now vs 99 last year

Median & Average Pricing

Year over Year
  • Median: $149,500 (-19.1% YoY)
  • Average: $189,494 (-0.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 30.1 miles — 302 listings ($95,186,777 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
74048Nowata, OK 740480.0 mi24$4,547,856$149,500$189,494
74080Talala, OK 7408012.4 mi5$1,738,800$260,000$347,760
74016Chelsea, OK 7401615.2 mi23$8,483,366$260,000$368,842
74083Wann, OK 7408316.7 mi3$276,000$92,000$92,000
74051Ochelata, OK 7405118.2 mi2$110,000$55,000$55,000
74053Oologah, OK 7405318.4 mi18$7,580,394$415,000$421,133
74301Vinita, OK 7430123.0 mi58$19,450,706$224,500$335,357
74021Collinsville, OK 7402124.2 mi102$37,018,860$350,000$362,930
67337Coffeyville, KS 6733725.2 mi44$7,953,748$159,950$180,767
74332Big Cabin, OK 7433225.8 mi7$2,454,606$325,000$350,658
74330Adair, OK 7433027.5 mi13$5,247,541$227,450$403,657
74002Barnsdall, OK 7400228.8 mi1$115,000$115,000$115,000
67342Edna, KS 6734230.1 mi2$209,900$104,950$104,950

Frequently Asked Questions

How many homes are for sale in NOWATA, OK 74048?

As of January 2026, there are 24 active listings in NOWATA, OK (zip code 74048), compared to 13 the prior year.

What is the median home price in NOWATA, OK 74048?

The median listing price in NOWATA, OK 74048 is $149,500 as of January 2026, a 19.1% decrease from $184,750 the prior year.

How long do homes stay on the market in NOWATA, OK?

Homes in NOWATA, OK 74048 spend an average of 100 days on the market before going under contract, compared to 99 days the prior year.

Is it a seller's or buyer's market in NOWATA, OK 74048?

Based on current inventory and days-on-market data as of January 2026, NOWATA, OK 74048 is currently a Buyer's Market. Inventory has increased compared to last year, with 11 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 100 days on market compared to 99 days last year.

How much can I save on real estate commission in NOWATA, OK?

With SELL123.com's maximum 3% commission, sellers in NOWATA, OK 74048 save an estimated $2,990 compared to a typical 5% commission on the median listing price of $149,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.