| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $279,750 | +11.9% YoY |
| Median price per sq ft | $155 | 1,804 sq ft median |
| Median days on market | 88 | +12% YoY |
| Active listings | 284 | -4% YoY |
| New listings this month | 58 | September 2026 |
| Listings with a price cut | 22% | Share of active |
| Median sale price (closed) | $157,500 | -4.5% YoY · closed sales, July 2026 |
| Sale-to-list ratio | 95.7% | Closed sales, July 2026, seasonally adjusted |
| Pending-to-active ratio | 21.1% | 60 pending |
| Inventory vs 2019 | 112% | Active listings vs same month in 2019 |
Metropolitan market · Oklahoma · September 2026 data
What is the McAlester, OK real estate market doing?
As of September 2026, the median home listed in McAlester, OK asks $279,750, up 11.9% year over year. Homes spend a median of 88 days on market, with 284 active listings and 22% carrying a price cut; pending contracts equal 21% of active listings, and inventory sits at 112% of the same month in 2019 — a buyer's market. Figures come from public records and industry data, updated monthly.
What is the McAlester, OK housing market doing right now?
The McAlester, OK housing market lists at a $279,750 median as of September 2026, up 11.9% year over year, with an 88-day median market time and 284 homes for sale (22% with a price cut). Active inventory is 112% of the 2019 level, reading as a buyer's market under WealthyBud's published buyer/seller rule.
McAlester housing market statistics
The table summarizes McAlester's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for McAlester.
How have home prices changed in McAlester?
McAlester home prices are up 11.9% year over year and -3.5% month over month as of September 2026, at a $279,750 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, McAlester OK · trailing 8 quarters · source: public records and industry data.
10-year median listing price, McAlester OK · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in McAlester?
McAlester has 284 active listings, 58 new this month, 60 pending as of September 2026. About 22% of active listings have cut their price, and inventory sits at 112% of its 2019 level — a buyer's market by pace.
Is McAlester a good real estate investment?
McAlester scores 38/100 on WealthyBud's composite Investor Score, ranking #696 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
McAlester scores 38/100 on our composite Investor Score (#696 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 112% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are up 11.9% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how McAlester ranks on the trending markets index.
How much is a monthly mortgage payment in McAlester?
A home at McAlester's $279,750 median listing runs about $1,531 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
Principal & interest on the $279,750 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in McAlester?
To buy McAlester’s $279,750 median listing with 20% down, a household needs about $71,000 a year in gross income, keeping principal, interest and property tax ($1,652/mo) at 28% of income. That is 1.3× the area’s $54,787 median household income, so a typical McAlester household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $279,750 | September 2026 |
| Down payment (20%) | $55,950 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,531/mo | Rate as of 2026-10-01 |
| Property tax (0.52% effective rate) | $121/mo | Census ACS |
| Income needed (28% rule) | $71,000 | Gross household income / yr |
| Median household income | $54,787 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the McAlester housing market?
Longer-run demand in McAlester shows up in 39 homes permitted in 2025; net migration of +185 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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