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Broken Bow, OKHousing Market

Broken Bow is a buyer's market right now. Homes are sitting on the market for 71 days on average. With 10.7 months of supply, there's less pressure to rush and more room to negotiate on price and terms.

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Written By Carol CFeatured Writer
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Reviewed By Deepika RHousing Market Analyst
Verified Data
Updated Monthly
Fast Insights
Real-time Analytics
June 2026
Last updated
Live MLS Data 836 active homes tracked
Data Sources:
MLS Technology-OK
Broken Bow, OK Real Estate Market Snapshot
MEDIAN HOME PRICE
$619,000↓ 7.61%
MORTGAGE RATES 30-YR
6.23%↓ 0.58%
Buyer's Market
DAYS ON MARKET
71
↓ 46.42% YoY
INVENTORY
825
↑ 138.44% YoY
Overview icon Overview
Predictions icon Predictions
Supply icon Supply
Demand icon Demand

Is Now a Good Time to Buy in Broken Bow? Here's What We Think

Now is a smart time to buy in Broken Bow. The median sale price sits at $619,000, a 7.61% change from last year, with home sales seeing a 28.33% change over the same stretch. Use these numbers to figure out how much leverage you actually have at the table.
Median Sale PriceHomes SoldMedian Days on Market
Median Sale Price
$619,000
↓ 7.61%YoY
What this chart showsMedian Sale Price
This metric shows how home prices are trending in Broken Bow. The median sale price is currently $619,000, a 7.61% change from last year. A rising median price can point to stronger demand or limited inventory, while a falling price may give buyers more room to negotiate.

Median Sale Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Broken Bow
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Updated MonthlyLast Updated: June 2026

Broken Bow Housing Market Forecast for 2026

Broken Bow's housing market is expected to keep favoring buyers in 2026, with modest price growth, rising inventory, and homes taking longer to sell.

Market Outlook:

  • Home prices expected to rise modestly by 2-4%, reflecting cooling demand
  • Months of supply forecast to hold near 4-6, giving buyers more choice
  • Homes being on the market longer gives buyers added leverage to negotiate price and terms

Will the Broken Bow Housing Market Crash in 2026?

Expert consensus points to no. Broken Bow is seeing steady demand with no signs of distressed selling. The market is simply rebalancing after a period of tight inventory, not heading toward a downturn. Buyers can expect more negotiating room and a wider selection through 2026.
UnlikelyCrash MeterLikely

Current Market Indicators

  • Days on Market:

    71 days

  • Months of Supply:

    10.7 months

  • Sale-to-List Ratio:

    95.91%

  • Mortgage Rates:

    Currently- 6.23% projected to hover between 6.0% and 6.8%

Is There Enough Inventory in Broken Bow Right Now?

Yes, buyers have plenty of options in Broken Bow right now. The market has 825 active listings and 10.7 months of supply, giving buyers more choice and negotiating power. There were 53 new listings last month, while inventory changed by 138.44% year-over-year.
Homes for SaleNewly Listed HomesMonths of Supply
Homes for Sale
825
↑ 138.44%YoY
What this chart showsHomes for Sale
This chart shows the total number of homes currently available for sale in Broken Bow. There are currently 825 active listings. Rising inventory gives buyers more options, while fewer homes for sale can increase competition and give sellers more leverage.

Homes for Sale Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Broken Bow
location pin
Updated MonthlyLast Updated: June 2026

Are Buyers or Sellers Controlling the Broken Bow Market?

Buyers currently have the upper hand in the Broken Bow housing market. Homes are selling for 95.91% of their asking price, and price reductions saw a marginal change year-over-year. Frequent price cuts give buyers more room to negotiate and put pressure on sellers to compete.
Homes Sold Above List PriceHomes with Price DropsSale-to-List Ratio
Homes Sold Above List Price
9.09%
↓ 27.28%YoY
What this chart showsSold Above List
The line tracks the share of homes in Broken Bow selling above their asking price over time. Currently, 9.09% of homes sold above asking last month. A rising trend signals strong buyer competition and bidding wars, while a falling trend suggests that competition is easing.

Homes Sold Above List Price Trend

AllSingle Family HomesTownhousesCondo
1 Year3 Years5 Years

Broken Bow
location pin
Updated MonthlyLast Updated: June 2026

Find Your Perfect Broken Bow Home Now

836 homes for sale in Broken Bow, OK big arrow leftbig arrow inline

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Frequently Asked Questions

How have Broken Bow house prices changed over the past year?

What are Broken Bow real estate market predictions for 2026?

What's the average home price in Broken Bow?

What is a good time to buy a home in Broken Bow?

When will the Broken Bow housing market crash?

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How can I list my home for sale in Broken Bow, OK?

What is the average mortgage rate for buyers in Broken Bow?

What is a good time to sell a house in Broken Bow?

Our MLS data sources

All sources updated daily

Median prices, rents and active inventory aggregated from MLS systems across Oklahoma.

MLS Technology-OK
MLS Technology-OK
MLSOK-OK
MLSOK-OK

Important Legal Disclosures

*Based on Houzeo calculations of home data from MLS and/or public records.

“The market analysis provided on this page is for informational purposes only and does not constitute financial, investment, or legal advice. Data is sourced from public records, industry reports, and third-party providers, and while Houzeo strives for accuracy, we make no guarantees regarding the completeness, accuracy, or timeliness of the information presented.

All estimates, projections, and historical data are based on statistical models and should not be relied upon as predictions of future market conditions. Past performance is not indicative of future results, and real estate market conditions may change due to various economic and regulatory factors.
Users are responsible for conducting their own due diligence before making any real estate or financial decisions. Houzeo is not liable for any decisions or actions taken based on the information provided. Any unauthorized use, duplication, or distribution of the data may violate copyright laws and result in legal consequences. Certain information, tools and services on this page may be powered by third-party vendors. Houzeo does not control or guarantee the accuracy, reliability, or functionality of such third-party services.

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Based on information from the MLSOK through Oct 8, 2026, 8:02 PM. This information is not verified for authenticity or accuracy, is not guaranteed, and may not reflect all real estate activity in the market.

This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. We do not attempt to verify the currency, completeness, accuracy, or authenticity of the data contained herein. Information is subject to transcription and transmission errors and is provided “as is”. All information, including but not limited to property square footage and lot size, zoning, and fitness for a particular purpose is subject to inaccuracies and should be independently verified through personal inspection and/or consultation with appropriate professionals. The listing information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective purchasers. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of MLSOK, Inc. Information last updated on Oct 8, 2026, 8:02 PM. © 2026 MLSOK, Inc. All rights reserved.