Is Greer 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, Greer County was a Seller's Market.
Key Takeaway
Greer County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Greer County, OK
How much do homes in Greer County, OK cost?
Median Sold Price
$101,500
$71/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Greer County have sold for 13% less than they did a year ago.
Summary: The median home sold price in Greer County was $101,500 in May 2024, down 13% from last year, and the median price per square foot was $71.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $75K | $95K | +26.7% |
| 2 Bedrooms | $57K | $80K | +40.4% |
| 3 Bedrooms | $117.2K | $114.5K | -2.3% |
| 4 Bedrooms | $170K | $152.4K | -10.3% |
| 5+ Bedrooms | $275K | - | N/A |
Summary: Greer County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes increased by 40.4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Kiowa County | $94K | $104.2K | +10.9% |
| Jackson County | $182.6K | $198.6K | +8.8% |
| Beckham County | $155K | $158K | +1.9% |
| Greer County | $116.6K | $101.5K | -13.0% |
Housing Supply in Greer County, OK
How many homes are available in Greer County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 35 | 34 | -2.9% |
Summary: The Greer County real estate market had 34 homes for sale in May 2024, a 2.9% 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 | 9 | +12.5% |
| 3 Bedrooms | 17 | 16 | -5.9% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Greer 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 increased by 12.5%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Greer County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Greer County in May 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Greer County, OK
How long does it take to sell a home in Greer County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 78 Days | 170 Days | +118.6% |
Summary: Homes in Greer County had an average of 170 days on market in May 2024, up by 118.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Greer County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 4 homes were sold in Greer County; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% of homes were sold over 90 days.
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