Trends

Is Shawnee’s Housing Market Heating Up Again? These 6 Signs Say Yes

April 10, 2025

We’re off to a strong spring!

If you’ve been waiting for signs of life in the Shawnee real estate market, March brought some clear signals—especially for buyers ready to jump in and for sellers who want to be strategic.

🔍 Month-over-Month Comparison (Feb 2025 → Mar 2025)

  • Median Sales Price jumped from $206,900 to $209,999 (+1.5%)
  • Closed Sales increased from 39 to 49
  • Pending Sales soared from 53 to 78 (+47%)
  • Days on Market dropped from 48 to 40
  • Inventory dipped from 186 to 161, but is still higher than last year

📅 Year-over-Year Snapshot (Mar 2024 → Mar 2025)

  • Median Sales Price is up 6.1%
  • New Listings are up 34%
  • Pending Sales rose a whopping 62.5%
  • Inventory surged by 49.1%
  • Days on Market dropped by 32%
  • Closed Sales dipped just slightly (from 54 to 49)

📈 What’s Absorbing the Market?

Let’s talk absorption rate—that’s just a fancy way of saying how fast homes are selling compared to how many are on the market. In February, Shawnee’s absorption rate was about 21%, which leans toward a buyer’s market. But in March, that number jumped to 30%—a clear sign of stronger buyer activity and a shift back toward a more balanced-to-seller-friendly market.

Quick tip: An absorption rate below 15% typically signals a buyer’s market (more supply, less demand), while anything above 20% tends to favor sellers. We’re now solidly in that seller-leaning territory—but with inventory still healthy, it’s not a frenzy.

What It Means—for Buyers:

You’ve got more homes to choose from, and many are sitting fewer days on the market—meaning sellers are pricing competitively. Median prices are up, but the increase is moderate, so you’re still buying in a market that hasn’t run away from you.

💡 Pro tip: With rates hovering in the mid-to-high 6% range and more inventory hitting the market, buyers who act now can find a good fit before competition intensifies. And don’t wait to get that homeowners insurance quote—too many people skip that step until it’s a problem.

What It Means—for Sellers:

Homes that are well-prepared and priced right are moving faster, and the increase in pending sales tells us buyers are serious this spring. That 6.1% bump in median price year-over-year? That’s a sign your equity is working in your favor.

🏡 Thinking about listing? We’re seeing more new listings hit the market, but smart sellers are still winning with the right guidance—and that’s where I come in.

🎯 My Take as Your Local Expert

While the national news is still shaking out the effects of the NAR settlement and commission lawsuits, I’m over here focused on the real questions: What does this market mean for YOU in Shawnee or Central Oklahoma?

I’m not just tossing your listing on the MLS and hoping for the best. I bring decades of experience, market savvy, and personal advocacy to every single client. Whether you’re upsizing, downsizing, or rightsizing, you deserve expert strategy—not guesswork.

Let’s cut through the noise. Let’s make a plan. And let’s make sure you love where you live.

📲 Ready to talk about a next step?

With 1 in 3 homes selling last month, this spring market is moving—and so can you. Whether you’re buying, selling, or still deciding, I’m here to help you make confident choices.
📧 Hello@SoldonShawnee.com | Call/text 405-585-6580
Let’s make sure you love where you live.