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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Okmulgee County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Okmulgee County was a Seller's Market.

Key Takeaway

Okmulgee County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Okmulgee County, OK

How much do homes in Okmulgee County, OK cost?

Median Sold Price

$140,800

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,800(+10.0%)

Key Takeaway

Homes in Okmulgee County have sold for 10% more than they did a year ago.

Summary: The median home sold price in Okmulgee County was $140,800 in April 2024, up 10% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $23K$41K
+78.3%
2 $70K$62K
-11.4%
3 $149.5K$160.7K
+7.5%
4 $175.7K$190K
+8.1%
5+ $216.5K$255K
+17.8%

Summary: Okmulgee County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.3%, 2 bedroom homes decreased by 11.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes increased by 17.8%.

Median Sold Price Compared To Nearby Counties

Okmulgee County
+10.0%
McIntosh County
+8.8%
Wagoner County
+8.4%
Creek County
+4.1%
Okfuskee County
-0.4%

Housing Supply in Okmulgee County, OK

How many homes are available in Okmulgee County, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
152153+0.7%

Summary: The Okmulgee County real estate market had 153 homes for sale in April 2024, a 0.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 32
-33.3%
2 4134
-17.1%
3 7381
+11.0%
4 2528
+12.0%
5+ 108
-20.0%

Summary: The Okmulgee County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 17.1%, 3 bedroom homes increased by 11%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2123+9.5%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Okmulgee County, you may be able to get a good deal. 56.5% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Okmulgee County in April 2024, up by 9.5% month-over-month. Of the 23 sold homes, 57% were sold under asking, 22% were sold at asking, and 22% were sold over asking.

Days on Market for Okmulgee County, OK

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

Average Sale Time

Apr 2023Apr 2024CHANGE
50 Days49 Days-3.3%

Summary: Homes in Okmulgee County had an average of 49 days on market in Apr 2024, down by 3.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Okmulgee County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 23 homes were sold in Okmulgee County; 57% of homes were sold within 30 days, 26% 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 13 Days Ago

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