Is South Wagoner, 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, South Wagoner was a Neutral Market.
Key Takeaway
South Wagoner is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in South Wagoner, OK
How much do homes in South Wagoner, OK cost?
Median Sold Price
$300,000
$172/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in South Wagoner have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in South Wagoner was $300,000 in May 2024, up 9.1% from last year, and the median price per square foot was $172.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $275K | N/A |
| 2 Bedrooms | $35K | - | N/A |
| 3 Bedrooms | $275K | $269.9K | -1.8% |
| 4 Bedrooms | $560K | $359.9K | -35.7% |
| 5+ Bedrooms | - | $640K | N/A |
Summary: South Wagoner 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 did not change, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 35.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| South Wagoner | $275K | $300K | +9.1% |
| Muskogee | $151K | $148.5K | -1.7% |
| Porter | $380K | $275K | -27.6% |
Housing Supply in South Wagoner, OK
How many homes are available in South Wagoner, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Summary: The South Wagoner real estate market had 11 homes for sale in May 2024, a 8.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The South Wagoner housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in South Wagoner, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in South Wagoner in May 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for South Wagoner, OK
How long does it take to sell a home in South Wagoner, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 83 Days | 55 Days | -33.7% |
Summary: Homes in South Wagoner had an average of 55 days on market in May 2024, down by 33.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in South Wagoner has remained consistent over time.
Summary: During May 2024, 3 homes were sold in South Wagoner; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
