The big financial headline this week was the 10-year U.S. Treasury yield dipping briefly below 4% for the first time since April, before climbing back above that level by the end of the day. According to MarketWatch, that kind of swing matters because mortgage rates usually follow the same direction as the Treasury. Right now, the average 30-year fixed mortgage rate is about 6.35%, the lowest level in nearly a year. Dr. Lawrence Yun, Chief Economist for the National Association of REALTORS®, said in a webinar I attended today that a Federal Reserve rate cut is virtually certain in September, with more to follow. He noted that even a 6% mortgage rate is enough to revive pent-up demand.

National Snapshot (August 2025)

• New Listings: Up 4.9% year-over-year.
• Closed Sales: Pending activity slipped 1.3% year-over-year, a sign of softer closings ahead.
• Median Sales Price: $429,990, flat compared to last year.
• Average Days on Market: 60, about 7 days longer than last year.
• Inventory: Up 20.9% year-over-year, keeping active listings above one million homes.

Oklahoma Statewide (August 2025, OAR Report)

• New Listings: 21,939 active listings, up 9.5% from 20,024 in August 2024.
• Closed Sales: 4,425, down 1.2% from 4,474 last year.
• Median Sales Price: $257,500, up 3% year-over-year.
• Average Days on Market: Not reported statewide.
• Months’ Supply: 5.75, reflecting a balanced market.

Shawnee (August 2025)

Compared to July 2025, Shawnee had fewer new listings but more homes sold. Prices dipped about 7%, but homes moved a little faster, with average days on market dropping from 44 to 41. Months’ supply tightened from 3.3 to 2.9, showing that demand is keeping pace with supply even as more options become available.

Year-over-year, Shawnee continues to stand out:

• New Listings: 84, up 3.7% from 81 last August.
• Closed Sales: 71, up 31.5% from 54 last year.
• Median Sales Price: $196,800, nearly unchanged from $195,000 last year.
• Average Days on Market: 41, compared to 37 a year ago.
• Months’ Supply: 2.9, still a seller’s market.

What It Means for Buyers and Sellers

Shawnee’s market is moving in a different direction than much of Oklahoma. While the state overall is balanced, Shawnee continues to perform at a higher pace.

• Buyers benefit from more choices, with inventory up nearly 39% compared to last year. Prices remain affordable, especially when measured against the statewide median.
• Sellers benefit from stronger demand, with sales activity up more than 30% year-over-year and months’ supply still showing a seller’s market. Homes that are priced correctly and in good condition are attracting buyers.

Bottom Line

Compared to the rest of Oklahoma, Shawnee is outperforming on nearly every front. More homes are selling, demand is keeping inventory moving, and prices remain accessible for buyers. That combination makes Shawnee one of the most attractive markets in the state and a smart place to own property heading into the fall market. If you are considering buying or selling in Shawnee, this is the time to take advantage of the newest opportunities. Let’s talk about how to position you for success in today’s market.