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Sarah Mitchell

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Compass Real Estate · Blackwell, OK

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

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

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Blackwell, OK Housing Market

Balanced market-7.3% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Blackwell, OK is worth $62,411, fell 7.3% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $66,000, +55.3% year over year (through May 2026). With 2.8 months of supply and homes going under contract in about 77 days, Blackwell is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $62,411 home is about $333/mo in principal and interest.

Key numbers for Blackwell, OK

Typical home value

$62,411

-7.3% in 12 months

Zillow, August 2026

Median sale price

$66,000

+55.3% year over year

Redfin, through May 2026

Days on market

77

Slow-moving

Redfin, through May 2026

Active listings

22

2.8 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$50,104

Home costs 1.2x income

U.S. Census ACS, 2023

Sale-to-list ratio

86.7%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

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

Balanced market2.8 months of supply77 days on market86.7% of asking

Blackwell, OK is a balanced market, based on 2.8 months of supply and homes selling in about 77 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Blackwell housing market data show?

Every row below is Redfin's final published month for Blackwell, OK. Redfin, through May 2026

Housing market statistics for Blackwell, OK, Redfin through May 2026
MetricValue
Median sale price$66,000
Median list price$72,450
Year-over-year price change+55.3%
Median price per sq ft$57/sq ft
Median days on market77 days
Active inventory22 listings
Months of supply2.8 months
Sale-to-list price ratio86.7%
Homes sold (that month)8
New listings (that month)6
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Blackwell is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Blackwell is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Blackwell home prices moved?

Over the last three years the median sale price in Blackwell, OK fell 22.4%, from $85,000 to $66,000. The live Zillow value series has fell 7.3% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 2.8 months while the sale-to-list ratio slips below its current 86.7%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Blackwell?

Priced off the typical home value of $62,411 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Blackwell, OK
Down paymentCash at closeLoan amountMonthly P&I
20%$12,482$49,928$333/mo
5%$3,121$59,290$396/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $333, that implies roughly $14,279 a year before you add taxes and insurance. The median household in Blackwell earns $50,104, about $35,825 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 1.2x — close to the historical 3x norm, which is unusual in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Blackwell in the next 12 months?

Tell us your timeline. We send the Blackwell market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Blackwell?

Zillow does not publish a rent index (ZORI) for Blackwell, OK, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.

Is inventory rising or falling in Blackwell?

Active listings in Blackwell, OK went from 35 in May 2025 to 22 in May 2026, a -37.1% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.

Active listings by month in Blackwell, OK
MonthActive listingsNew listings
June 2025358
July 2025305
August 2025263
September 20252711
October 2025298
November 2025265
December 2025296
January 20263010
February 2026245
March 20262810
April 2026244
May 2026226

Redfin, through May 2026

How does Blackwell compare to Oklahoma and the U.S.?

Blackwell homes sell for $66,000 — 75% below the Oklahoma median of $264,600. Against the national median of $410,700, Blackwell runs 84% lower. Year-over-year, Blackwell moved +55.3% against Oklahoma's +1.9% — a bigger swing than the state as a whole.

Blackwell, OK compared with Oklahoma and the United States
MarketMedian sale priceYoYDays on market
Blackwell, OK$66,000+55.3%77 days
Oklahoma statewide$264,600+1.9%39 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Blackwell

What buyers should watch

  • Months of supply, currently 2.8. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The gap between 5% and 20% down here is $62 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $62,411 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Blackwell listing goes under contract in 77 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 86.7% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Blackwell added 6 new listings against 8 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved -7.3% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Blackwell varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Blackwell

There are currently 22 homes listed for sale in Blackwell, Oklahoma. The median listing price is $72K. Featured listings range from $25,000 to $380,000.

2 bedroom house for sale at 809 W McKinley Ave Blackwell - $25,000
$25,000

809 W McKinley Ave

Blackwell, OK

2 bd1 ba872 sqft$29/ft²
House7,000 sqft lot
View photos & details
3 bedroom house for sale at 805 W McKinley Ave Blackwell - $30,000
$30,000

805 W McKinley Ave

Blackwell, OK

3 bd1 ba1,434 sqft$21/ft²
House7,000 sqft lot
View photos & details
land for sale at 277 Enlow Ave Blackwell - $48,500
$48,500

277 Enlow Ave

Blackwell, OK

0 ba
Land
View photos & details
3 bedroom house for sale at 323 W Fulton Ave Blackwell - $55,000
$55,000

323 W Fulton Ave

Blackwell, OK

3 bd1 ba1,073 sqft$51/ft²
House10,500 sqft lot
View photos & details
2 bedroom house for sale at 118 Hill Ave Blackwell - $65,000
$65,000

118 Hill Ave

Blackwell, OK

2 bd1 ba1,048 sqft$62/ft²
House7,013 sqft lot
View photos & details
2 bedroom house for sale at 112 Enlow Ave Blackwell - $69,000
$69,000

112 Enlow Ave

Blackwell, OK

2 bd1 ba1,136 sqft$61/ft²
House10,000 sqft lot
View photos & details
3 bedroom house for sale at 1312 S 8th St Blackwell - $90,000
$90,000

1312 S 8th St

Blackwell, OK

3 bd4 ba1,252 sqft$72/ft²
House1.00 acres
View photos & details
4 bedroom house for sale at 307 Fairview Ave Blackwell - $119,900
$119,900

307 Fairview Ave

Blackwell, OK

4 bd2 ba1,673 sqft$72/ft²
House10,276 sqft lot
View photos & details
3 bedroom house for sale at 410 W Padon Ave Blackwell - $125,000
$125,000

410 W Padon Ave

Blackwell, OK

3 bd3 ba3,400 sqft$37/ft²
House13,983 sqft lot
View photos & details
2 bedroom house for sale at 208 E Oklahoma Ave Blackwell - $144,900
$144,900

208 E Oklahoma Ave

Blackwell, OK

2 bd2 ba864 sqft$168/ft²
House7,000 sqft lot
View photos & details
2 bedroom house for sale at 1706 W Ferguson Ave Blackwell - $183,000
$183,000

1706 W Ferguson Ave

Blackwell, OK

2 bd2 ba1,100 sqft$166/ft²
House29,185 sqft lot
View photos & details
land for sale at 18805 W Coleman Rd Blackwell - $380,000
$380,000

18805 W Coleman Rd

Blackwell, OK

0 ba
Land157.02 acres
View photos & details

Looking to buy in Blackwell?

Get connected with a local real estate expert — free, no obligation.

Active listings

22

Homes on market

Median list price

$72K

Avg. days on market

77

Days until sale

New this week

6

Newly listed

Sale-to-list:86.7%

How much do homes cost in Blackwell by property type?

How the Blackwell, OK market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Blackwell, OK
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$66,000$57/sq ft877 days

Who lives in Blackwell?

American Community Survey estimates for Blackwell. U.S. Census ACS, 2023

Population

6,091

Households

2,346

Median income

$50,104/yr

Median age

37.4 years

Owner-occupied

65.9%

Median home value

$77,000

Median gross rent

$852/mo

Mean commute

22.1 min

65.9% of occupied homes in Blackwell are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $77,000 against Zillow's $62,411 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.

Which public schools serve Blackwell?

3 schools tracked · 1,079 students

The largest public schools serving Blackwell, 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.

BLACKWELL ES

Grades PK-5 · 512 students

Public

BLACKWELL HS

Grades 9-12 · 347 students

Public

BLACKWELL MS

Grades 6-8 · 220 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 Blackwell, OK?

Ordered by distance from Blackwell, not by size. Compare Blackwell side by side with any of them.

Blackwell housing market FAQ

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

Blackwell, OK is currently a balanced market. That read comes from 2.8 months of supply, homes going under contract in about 77 days, and sellers getting 86.7% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Blackwell?

The typical home in Blackwell, OK is worth $62,411 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $66,000, about $57 per square foot.

Is Blackwell cheaper than the rest of Oklahoma?

Blackwell's median sale price of $66,000 is 75% lower than the Oklahoma statewide median of $264,600, and 84% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Blackwell?

Homes in Blackwell, OK spent a median of 77 days on market before going under contract, versus 39 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)

What income do you need to buy a home in Blackwell?

At the current 30-year fixed rate of 7.03%, 20% down on a $62,411 home is about $333 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $14,279 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $50,104.

Are home prices rising in Blackwell?

The typical home value in Blackwell, OK fell 7.3% over the last 12 months, from $67,333 to $62,411 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Blackwell?

Blackwell ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Blackwell?

That depends on your timeline, not on a headline. What the data says today: Blackwell, OK is a balanced market with 2.8 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.