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Featured local agent — Allen, OK

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Allen, OK

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Allen, OK(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Allen, OK Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$175,000median sale price

How is the Allen, OK housing market right now?

The median home sale price in Allen, OK is $175,000. Homes sell in an average of 92 days with 6 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Allen a buyer's or seller's market?

Buyer's market6.0 months of supply92 avg. days on market

Allen, OK is currently a buyer's market, based on 6.0 months of supply and homes selling in about 92 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

92

Average pace

Active listings

6

6.0 months supply

Sale-to-list

92.1%

Below asking

What does the Allen housing market data show?

Current housing market statistics for Allen, OK
MetricValue
Median sale price$175,000
Average days on market92 days
Active inventory6 listings
Months of supply6.0 months
Sale-to-list price ratio92.1%
Median price per sq ft$114/sq ft
Homes sold (latest month)1
Listings with a price cut50.0%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Allen by property type?

How the Allen, OK market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Allen, OK
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$175,000$114/sq ft192 days

Source: Redfin · Updated monthly

The Allen housing market is currently classified as a buyer's market with a median sale price of $175,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 92 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.4x provides context for how home values compare to local earning capacity.

Homes for sale in Allen

There are currently 6 homes listed for sale in Allen, Oklahoma.

Active listings

6

Homes on market

Avg. days on market

92

Days until sale

Price drops:50.0%of listings
Sale-to-list:92.1%

Who lives in Allen?

Population

966

Median income

$42,708/yr

Median age

37 years

Owner-occupied

67.9%

College grads

13.1%

Avg commute

17.4 min

Source: U.S. Census Bureau ACS

What are homes worth in Allen?

Zillow home value

$186,716

Price-to-income

4.4x

Source: Zillow Research

What is it like to live in Allen?

Allen is a community of approximately 1K residents with a median age of 37 years.The median household income is $42,708, which represents a working-class community with solid middle-income opportunities. 13.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 67.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Allen offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Allen?

2 schools tracked · 440 students

The largest public schools serving Allen, OK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

ALLEN ES

Grades PK-8 · 313 students

Public

ALLEN HS

Grades 9-12 · 127 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Allen, OK?

Want a head-to-head view? Compare Allen side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Allen?

The median home sale price in Allen is $175,000, down 0.0% from last year.

How long do homes stay on market in Allen?

Homes typically spend 92 days on market before going under contract.

What is the median income in Allen?

The median household income is $42,708 per year.

Is Allen a buyer's or seller's market?

With 6.0 months of supply, Allen is currently a buyer's market.

What is the Zillow home value estimate for Allen?

The Zillow Home Value Index (ZHVI) for Allen is $186,716, representing the typical home value in the area.

How much does a single-family home cost in Allen?

The median single-family home price in Allen, OK is $175,000 (about $114 per square foot).

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