Is Sequoyah County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sequoyah County is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Sequoyah County was a Neutral Market.

Key Takeaway

Sequoyah County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sequoyah County, OK

How much do homes in Sequoyah County, OK cost?

Median Sold Price

$219,000

$184/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

+$79,000(+56.4%)

Key Takeaway

Homes in Sequoyah County have sold for 56.4% more than they did a month ago.

Summary: The median home sold price in Sequoyah County was $219,000 in May 2024, up 56.4% from last month, and the median price per square foot was $184.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 -$134.2K
N/A
2 $133K$390K
+193.2%
3 $136K$190K
+39.7%
4 $582.5K$300K
-48.5%
5+ $527.5K-
N/A

Summary: Sequoyah County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 193.2%, 3 bedroom homes increased by 39.7%, 4 bedroom homes decreased by 48.5%, and 5+ bedroom homes did not change.

Housing Supply in Sequoyah County, OK

How many homes are available in Sequoyah County, OK?

Number of Homes For Sale

Apr 2024May 2024CHANGE
6967-2.9%

Summary: The Sequoyah County real estate market had 67 homes for sale in May 2024, a 2.9% decrease compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 44
0.0%
2 119
-18.2%
3 3635
-2.8%
4 1415
+7.1%
5+ 44
0.0%

Summary: The Sequoyah 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 18.2%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Apr 2024May 2024CHANGE
1112+9.1%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sequoyah County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Sequoyah County in May 2024, up by 9.1% month-over-month. Of the 12 sold homes, 83% were sold under asking, 8% were sold at asking, and 8% were sold over asking.

Days on Market for Sequoyah County, OK

How long does it take to sell a home in Sequoyah County, OK?

Average Sale Time

Apr 2024May 2024CHANGE
97 Days59 Days-38.8%

Summary: Homes in Sequoyah County had an average of 59 days on market in May 2024, down by 38.8% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Sequoyah County has remained consistent over time.

Summary: During May 2024, 12 homes were sold in Sequoyah County; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

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