Market Update Ann Morgan
In October 2026, 79 single-family homes were listed in Stillwater's four city quadrants and 46 sold, down from 55 sales in October 2025. Sold homes took a median of 65 days and went for about 96.8% of list price. More homes are coming on the market than are selling, and sellers are getting a little less of their asking price than a year ago. Here are the numbers, what they mean for buyers and sellers, and what I'm seeing in my own business. Source: Paragon Market Statistics (Stillwater MLS), single-family homes in the SW, SE, NE, and NW quadrants, run Nov. 6, 2026.
Stillwater MLS, single-family | Oct 2025 | Oct 2026 | Change |
|---|---|---|---|
Homes listed | 75 | 79 | +5% |
Homes sold | 55 | 46 | -16% |
Median sale price | $269,000 | $307,450 | +14% |
Sale price as a share of list price | 97.2% | 96.8% | -0.4 points |
Median days on market, sold homes | 67 | 65 | -2 days |
Expired listings | 4 | 11 | +7 |
Fewer homes sold. There were 46 sales in October 2026, against 55 a year ago. At the same time, 79 homes came on the market. More homes arrived than sold in the month, so inventory keeps building.
Sellers got a little less of their asking price. Sold homes went for about 96.8% of list price, down from 97.2%. That's a small gap, but it's the direction you'd expect when buyers have more choices.
Homes that sell still sell at a similar pace. The median sold home took 65 days, about the same as last year's 67. That fits what I tell buyers: a well-priced home still sells, and the ones that aren't priced right are the ones adding to the pile.
More listings expired. Eleven listings expired in October, compared with four last year. An expired listing means the contract with the agent ended without a sale. It's one more sign that some homes are sitting.
The median sale price went up, but I wouldn't read it as a trend. The median sale price was $307,450, up from $269,000. With only about 46 sales in a month, a few larger homes can move the median a lot. September went the other way: $264,000 against $271,950 the year before. Across the two months, there's no clear price direction.
Looking at both months smooths out the swings:
Stillwater MLS, single-family | Sept + Oct 2025 | Sept + Oct 2026 |
|---|---|---|
Homes listed | 138 | 169 |
Homes sold | 109 | 99 |
Expired listings | 9 | 16 |
That's about 22% more homes listed and about 9% fewer sold. For the full picture on the metro, see Stillwater Housing Market, Fall 2026: More Homes, Same Prices, Longer Wait.
As of Nov. 6, there are 225 active single-family listings in those four quadrants, with a median list price of $315,000 and a median of 66 days on market. Four-bedroom homes have been on the market the longest, at a median of 84 days. Three-bedroom homes are at a median of 57 days.
The active count is a snapshot of today, so it can't be compared with last year's number from the same report.
I noticed the market cooling in July, earlier than we usually see in Stillwater. I normally close 5 to 6 homes a month, and in July I didn't write or receive a single contract. Higher rates and a softer economy have slowed buyers down, and builder incentives, which have helped keep new construction moving, have slowed too. Some sellers are now offering a credit toward the buyer's rate buydown, and in the numbers I've run, that same money often lowers the monthly payment more than a price cut would. You can see the math in my Copper Canyon vs. Swim comparison. I'm also hearing more lenders bring up adjustable-rate mortgages as another way to bring the payment down.
A home listed now competes with 225 others. Price it to the market from the start, get strong photos, and think about what you'd offer a buyer, such as a credit toward closing costs or a rate buydown. If you're thinking about selling, reach out and we'll talk about your plan.
How many homes sold in Stillwater in October 2026? According to the Stillwater MLS, 46 single-family homes sold in the four city quadrants (SW, SE, NE, NW), compared with 55 in October 2025.
What was the median sale price in Stillwater in October 2026? $307,450, compared with $269,000 in October 2025. With only about 46 sales a month, the median can swing from month to month, so look at several months together.
How long do homes take to sell in Stillwater? Sold homes had a median of 65 days on market in October 2026, compared with 67 days a year earlier.
Are Stillwater home prices dropping? The MLS numbers don't show a clear drop. The median sale price was lower in September and higher in October compared with a year earlier, and sold homes went for about 97% of list price.
Is it a good time to buy in Stillwater? Buyers have more homes to choose from and more room to negotiate than a year ago. Rates are still high, so run your numbers first. See Is Now a Good Time to Buy a House in Stillwater?.
Message me, and I'll look at what's selling in your price range and what that means for your plans. Call or text me at 405-614-9600.
Thinking about moving to Stillwater? Join the Moving to Stillwater group on Facebook to ask questions and get local answers: https://www.facebook.com/groups/534271350873991
Ann Morgan is a REALTOR® with Real Estate Professionals in Stillwater, Oklahoma, specializing in new construction and OSU parent-buyer relocation. A five-time winner of Stillwater's Best Realtor award and a consistent top-3 agent in the Stillwater MLS.
Source: Paragon Market Statistics, Stillwater MLS, single-family homes in the SW, SE, NE, and NW quadrants, run Nov. 6, 2026. Figures cover those quadrants only and may differ from metro-wide data. Sold-home figures reflect closed sales in each month.
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