Is Okfuskee County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Okfuskee County was a Seller's Market.
Key Takeaway
Okfuskee County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Okfuskee County, OK
How much do homes in Okfuskee County, OK cost?
Median Sold Price
$139,500
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Okfuskee County have sold for 3.3% more than they did a year ago.
Summary: The median home sold price in Okfuskee County was $139,500 in May 2024, up 3.3% from last year, and the median price per square foot was $89.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $107.5K | $110K | +2.3% |
| 3 Bedrooms | $142.5K | $120K | -15.8% |
| 4 Bedrooms | $180K | $157.5K | -12.5% |
| 5+ Bedrooms | $217.5K | $160K | -26.4% |
Summary: Okfuskee County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.3%, 3 bedroom homes decreased by 15.8%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes decreased by 26.4%.
Median Sold Price Compared To Nearby Counties
| Seminole County | $99.9K | $130K | +30.1% |
| Okmulgee County | $127K | $145K | +14.2% |
| Pottawatomie County | $183.3K | $199.9K | +9.1% |
| Okfuskee County | $135K | $139.5K | +3.3% |
| Hughes County | $120K | $114K | -5.0% |
Housing Supply in Okfuskee County, OK
How many homes are available in Okfuskee County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 31 | 24 | -22.6% |
Summary: The Okfuskee County real estate market had 24 homes for sale in May 2024, a 22.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 4 | -50.0% |
| 3 Bedrooms | 16 | 13 | -18.8% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Okfuskee County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Okfuskee County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Okfuskee County in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Okfuskee County, OK
How long does it take to sell a home in Okfuskee County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 21 Days | 46 Days | +114.6% |
Summary: Homes in Okfuskee County had an average of 46 days on market in May 2024, up by 114.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Okfuskee County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 3 homes were sold in Okfuskee County; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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