Is Okmulgee, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Okmulgee was a Seller's Market.
Housing Prices in Okmulgee, OK
How much do homes in Okmulgee, OK cost?
Median Sold Price
$120,000
$82/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Okmulgee was $120,000 in April 2024, up 20% from last year, and the median price per square foot was $82.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $20K | $94.5K | +372.5% |
2 Bedrooms | $55.5K | $61.7K | +11.3% |
3 Bedrooms | $119.7K | $145K | +21.1% |
4 Bedrooms | $128K | $154.4K | +20.7% |
5+ Bedrooms | $167.5K | $237K | +41.5% |
Summary: Okmulgee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 372.5%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes increased by 41.5%.
Housing Supply in Okmulgee, OK
How many homes are available in Okmulgee, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 77 | -4.9% |
Summary: The Okmulgee real estate market had 77 homes for sale in April 2024, a 4.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 29 | 26 | -10.3% |
3 Bedrooms | 36 | 36 | 0.0% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Okmulgee housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 8 | -42.9% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in Okmulgee in April 2024, down by 42.9% month-over-month. Of the 8 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for Okmulgee, OK
How long does it take to sell a home in Okmulgee, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
50 Days | 44 Days | -12.3% |
Summary: Homes in Okmulgee had an average of 44 days on market in Apr 2024, down by 12.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 8 homes were sold in Okmulgee; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.