Is Carter 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, Carter County was a Seller's Market.
Housing Prices in Carter County, OK
How much do homes in Carter County, OK cost?
Median Sold Price
$192,533
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Carter County was $192,533 in May 2024, up 9.1% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $90K | $125.7K | +39.7% |
2 Bedrooms | $86K | $105K | +22.1% |
3 Bedrooms | $200.8K | $207.5K | +3.3% |
4 Bedrooms | $234.9K | $276K | +17.5% |
5+ Bedrooms | $432.5K | $330K | -23.7% |
Summary: Carter County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 39.7%, 2 bedroom homes increased by 22.1%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 23.7%.
Median Sold Price Compared To Nearby Counties
Love County | $187.5K | $227.9K | +21.5% |
Garvin County | $163.2K | $180K | +10.3% |
Carter County | $176.5K | $192.5K | +9.1% |
Murray County | $170K | $166.5K | -2.1% |
Housing Supply in Carter County, OK
How many homes are available in Carter County, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
279 | 331 | +18.6% |
Summary: The Carter County real estate market had 331 homes for sale in May 2024, a 18.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 8 | 0.0% |
2 Bedrooms | 58 | 66 | +13.8% |
3 Bedrooms | 153 | 169 | +10.5% |
4 Bedrooms | 53 | 73 | +37.7% |
5+ Bedrooms | 7 | 15 | +114.3% |
Summary: The Carter 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 13.8%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 37.7%, and 5+ bedroom homes increased by 114.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 46 | +39.4% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in Carter County in May 2024, up by 39.4% month-over-month. Of the 46 sold homes, 72% were sold under asking, 15% were sold at asking, and 13% were sold over asking.
Days on Market for Carter County, OK
How long does it take to sell a home in Carter County, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
56 Days | 50 Days | -10.1% |
Summary: Homes in Carter County had an average of 50 days on market in May 2024, down by 10.1% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During May 2024, 46 homes were sold in Carter County; 59% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.