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Featured local agent — Medicine Park, OK
Sarah Mitchell
Compass Real Estate · Medicine Park, OK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Medicine Park, OK Housing Market & Real Estate
Housing market overview · Updated monthly ·
$209,000median sale price
How is the Medicine Park, OK housing market right now?
The median home sale price in Medicine Park, OK is $209,000, down 24.0% year-over-year. Homes sell in an average of 181 days with 16 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 Medicine Park a buyer's or seller's market?
Medicine Park, OK is currently a buyer's market, based on 16.0 months of supply and homes selling in about 181 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
181
Average pace
Active listings
16
16.0 months supply
Sale-to-list
100.0%
Above asking
What does the Medicine Park housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $209,000 |
| Median list price | $360,000 |
| Year-over-year price change | -24.0% |
| Average days on market | 181 days |
| Active inventory | 16 listings |
| Months of supply | 16.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $209/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 5 |
| Listings with a price cut | 18.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Medicine Park by property type?
How the Medicine Park, OK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $209,000 | $209/sq ft | 1 | 181 days |
Source: Redfin · Updated monthly
The Medicine Park housing market is currently classified as a buyer's market with a median sale price of $209,000. Prices have fallen 24.0% compared to last year, with homes spending an average of 181 days on market, indicating 16.0 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 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Medicine Park
There are currently 16 homes listed for sale in Medicine Park, Oklahoma. The median listing price is $360K.
Active listings
16
Homes on market
Median list price
$360K
Avg. days on market
181
Days until sale
New this week
5
Newly listed
Who lives in Medicine Park?
Population
344
Median income
$106,750/yr
Median age
49 years
Owner-occupied
88.3%
College grads
52.3%
Avg commute
31.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Medicine Park?
Zillow home value
$283,674
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Medicine Park?
Medicine Park is a community of approximately 0K residents with a median age of 49 years.The median household income is $106,750, which reflects a relatively affluent area with strong earning potential. 52.3% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 88.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 31.8 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Medicine Park offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Medicine Park, OK?
Want a head-to-head view? Compare Medicine Park side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Medicine Park?
The median home sale price in Medicine Park is $209,000, down 24.0% from last year.
How long do homes stay on market in Medicine Park?
Homes typically spend 181 days on market before going under contract.
What is the median income in Medicine Park?
The median household income is $106,750 per year.
Is Medicine Park a buyer's or seller's market?
With 16.0 months of supply, Medicine Park is currently a buyer's market.
What is the Zillow home value estimate for Medicine Park?
The Zillow Home Value Index (ZHVI) for Medicine Park is $283,674, representing the typical home value in the area.
How much does a single-family home cost in Medicine Park?
The median single-family home price in Medicine Park, OK is $209,000 (about $209 per square foot).
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