Brokers — List your Company Here
Featured local agent — Cedar Lake, OK
Sarah Mitchell
Compass Real Estate · Cedar Lake, OK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Cedar Lake, OK Housing Market
The last median sale price Redfin published was $129,900 (through May 2026). With 7.0 months of supply and homes going under contract in about 171 days, Cedar Lake is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $129,900 home is about $693/mo in principal and interest.
Key numbers for Cedar Lake, OK
Median sale price
$129,900
Last published period
Redfin, through April 2026
Days on market
171
Slow-moving
Redfin, through April 2026
Active listings
7
7.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$37,083
Home costs 3.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through April 2026
Zillow figures 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 Cedar Lake a buyer's or seller's market?
Cedar Lake, OK is a buyer's market, based on 7.0 months of supply and homes selling in about 171 days. Above 5 months of supply, homes start accumulating faster than they clear, which is where buyers gain leverage on price, repairs, and closing costs.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Cedar Lake housing market data show?
Every row below is Redfin's final published month for Cedar Lake, OK. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $129,900 |
| Median list price | $124,000 |
| Median price per sq ft | $139/sq ft |
| Median days on market | 171 days |
| Active inventory | 7 listings |
| Months of supply | 7.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| New listings (that month) | 4 |
| Listings with a price cut | 14.3% |
| Market condition | Buyer's 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 Cedar Lake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Cedar Lake 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 Cedar Lake home prices moved?
Across the 35 months we hold for Cedar Lake, OK, the median sale price rose 120.2%, from $59,000 in April 2021 to $129,900. 14.3% of Cedar Lake listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 7.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
Get Cedar Lake market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Cedar Lake?
Priced off the median sale price of $129,900 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.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $25,980 | $103,920 | $693/mo |
| 5% | $6,495 | $123,405 | $824/mo |
Redfin, through April 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 $693, that implies roughly $29,720 a year before you add taxes and insurance. The median household in Cedar Lake earns $37,083, about $7,363 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 3.5x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Cedar Lake in the next 12 months?
Tell us your timeline. We send the Cedar Lake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Cedar Lake?
Zillow does not publish a rent index (ZORI) for Cedar Lake, 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 Cedar Lake?
Active listings in Cedar Lake, OK went from 6 in July 2024 to 7 in April 2026, a +16.7% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| September 2024 | 7 | 2 |
| October 2024 | 6 | 1 |
| January 2025 | 8 | 1 |
| March 2025 | 10 | not published |
| July 2025 | 9 | not published |
| August 2025 | 9 | 1 |
| September 2025 | 6 | 1 |
| October 2025 | 8 | 4 |
| November 2025 | 5 | not published |
| December 2025 | 6 | 1 |
| March 2026 | 3 | not published |
| April 2026 | 7 | 4 |
Redfin, through April 2026
How does Cedar Lake compare to Oklahoma and the U.S.?
Cedar Lake homes sell for $129,900 — 51% below the Oklahoma median of $264,600. Against the national median of $410,700, Cedar Lake runs 68% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Cedar Lake, OK | $129,900 | not published | 171 days |
| Oklahoma statewide | $264,600 | +1.9% | 39 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Cedar Lake
What buyers should watch
- Months of supply, currently 7.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 14.3%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $130 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 $129,900 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 Cedar Lake listing goes under contract in 171 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 100.0% of asking. Price at the number you want and let competition do the rest.
- In the last published month Cedar Lake added 4 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Comparable ZIP-level pricing inside Cedar Lake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Cedar Lake
There are currently 7 homes listed for sale in Cedar Lake, Oklahoma. The median listing price is $124K.
Active listings
7
Homes on market
Median list price
$124K
Avg. days on market
171
Days until sale
New this week
4
Newly listed
How much do homes cost in Cedar Lake by property type?
How the Cedar Lake, OK market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $129,900 | $139/sq ft | 1 | 171 days |
Who lives in Cedar Lake?
American Community Survey estimates for Cedar Lake. U.S. Census ACS, 2023
Population
378
Households
148
Median income
$37,083/yr
Median age
53.6 years
Owner-occupied
82.4%
Median home value
$77,000
Median gross rent
$744/mo
Mean commute
45.9 min
82.4% of occupied homes in Cedar Lake 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.
Which cities are near Cedar Lake, OK?
Ordered by distance from Cedar Lake, not by size. Compare Cedar Lake side by side with any of them.
Cedar Lake housing market FAQ
Is Cedar Lake a buyer's or seller's market?
Cedar Lake, OK is currently a buyer's market. That read comes from 7.0 months of supply, homes going under contract in about 171 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Cedar Lake?
The median sale price in the last month Redfin published was $129,900, about $139 per square foot.
Is Cedar Lake cheaper than the rest of Oklahoma?
Cedar Lake's median sale price of $129,900 is 51% lower than the Oklahoma statewide median of $264,600, and 68% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Cedar Lake?
Homes in Cedar Lake, OK spent a median of 171 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 Cedar Lake?
At the current 30-year fixed rate of 7.03%, 20% down on a $129,900 home is about $693 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $29,720 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $37,083.
Are home prices rising in Cedar Lake?
We do not hold a complete 12-month value series for Cedar Lake, OK yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Cedar Lake?
Cedar Lake 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 Cedar Lake?
That depends on your timeline, not on a headline. What the data says today: Cedar Lake, OK is a buyer's market with 7.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Cedar Lake, OK
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Cedar Lake
Nearby markets
Get the Cedar Lake market brief
Get the Cedar Lake, OK market brief
One email: what homes are actually clearing at around $129,900, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.