Published October 25, 2026 in Market Update

More homes are selling, but buyers still have room to negotiate

By Savanna Schrader - Broken Bow Realtor

Real estate, Broken Bow/Hochatown

The biggest shift right now: far more homes are selling. The Real Estate Data Aggregator counted 121 homes sold in ZIP 74728 in the three months ending August 31, 2026. That is up 80.6% from the same months a year ago. For sellers, that is real demand. For buyers, there is still room to breathe.

Sales are up sharply, but homes are not flying off the shelf overnight. The Real Estate Data Aggregator put the median days on market at 104 days in ZIP 74728. That is 19 days shorter than a year ago, which is a real improvement. Still, most homes take time to find the right buyer.

Prices are rising, and so is inventory

The Real Estate Data Aggregator recorded a median sale price of $660,000 in ZIP 74728 for the three months ending August 31, 2026. That is up 19.3% from the same period in 2025. Nationally, the Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Broken Bow and Hochatown are running well ahead of that pace.

Buyers are negotiating, not just accepting the asking price

The Real Estate Data Aggregator found homes in ZIP 74728 sold at 96.9% of list price on average. That is down 1 point from a year ago. Nationally, Realtor.com reported that 20.8% of listings had price cuts in September, the highest share since October 2022. That national pattern is showing up locally too. Pricing carefully from the start still matters here.

Only 14.1% of homes sold above list price, according to the Real Estate Data Aggregator. That is down 2.3 points from a year ago. Not every home is drawing multiple offers. The ones that do tend to be priced right from day one.

Pending sales point to continued activity

The Real Estate Data Aggregator counted 121 pending sales in ZIP 74728 for the three months ending August 31, 2026. That is up 31.5% from a year ago. Contracts are being signed at a healthy pace. The pipeline looks solid heading into fall.

One more sign of momentum: 14.9% of homes went under contract within two weeks of listing, up 7.3 points from a year ago, per the Real Estate Data Aggregator. Quick sales are becoming more common, though they are still the exception, not the rule.

The bigger picture: rates are a real factor

Realtor.com reported that mortgage rates climbed above 7% for the first time since January 2025. That affects what buyers can afford. CNBC noted that a monthly payment on a 30-year fixed mortgage on a median-priced home took up roughly 33% of a median family's income in 2025, up from 26% in 2022. That squeeze is real, and it shapes what buyers will pay.

One more thing worth saying: these numbers cover all of ZIP 74728. One street or one cabin community can read very differently from the ZIP code as a whole. If you want to know what the numbers look like for your specific address, just reach out.