Is Grady County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Grady County has remained a Seller's Market.
Key Takeaway
Grady County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grady County, OK
How much do homes in Grady County, OK cost?
Median Sold Price
$195,192
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Grady County have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in Grady County was $195,192 in May 2024, up 11.6% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $170K | $22.5K | -86.8% |
| 2 Bedrooms | $75K | $78.5K | +4.7% |
| 3 Bedrooms | $179.2K | $200.5K | +11.8% |
| 4 Bedrooms | $254.1K | $291K | +14.5% |
| 5+ Bedrooms | $350K | $215K | -38.6% |
Summary: Grady County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 86.8%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes decreased by 38.6%.
Median Sold Price Compared To Nearby Counties
| Grady County | $174.9K | $195.1K | +11.6% |
| Caddo County | $120K | $130K | +8.3% |
| McClain County | $283.9K | $298.7K | +5.2% |
| Canadian County | $269.5K | $272.1K | +1.0% |
Housing Supply in Grady County, OK
How many homes are available in Grady County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 204 | 211 | +3.4% |
Summary: The Grady County real estate market had 211 homes for sale in May 2024, a 3.4% increase 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 | 21 | 18 | -14.3% |
| 3 Bedrooms | 130 | 129 | -0.8% |
| 4 Bedrooms | 45 | 55 | +22.2% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Grady 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 14.3%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grady County, expect to pay close to the asking price. 45.2% of homes here sold near the asking price last month.
Summary: A total of 42 homes were sold or pending in Grady County in May 2024, down by 6.7% month-over-month. Of the 42 sold homes, 43% were sold under asking, 45% were sold at asking, and 12% were sold over asking.
Days on Market for Grady County, OK
How long does it take to sell a home in Grady County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 65 Days | +109.0% |
Summary: Homes in Grady County had an average of 65 days on market in May 2024, up by 109% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grady County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 42 homes were sold in Grady County; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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