Is Murray 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, Murray County was a Seller's Market.
Housing Prices in Murray County, OK
How much do homes in Murray County, OK cost?
Median Sold Price
$166,500
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Murray County was $166,500 in May 2024, down 2.1% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $49.9K | -77.8% |
2 Bedrooms | $127K | $105K | -17.3% |
3 Bedrooms | $172.5K | $200K | +15.9% |
4 Bedrooms | $238K | $245K | +2.9% |
5+ Bedrooms | $398.5K | $240K | -39.8% |
Summary: Murray County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 77.8%, 2 bedroom homes decreased by 17.3%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 39.8%.
Median Sold Price Compared To Nearby Counties
Garvin County | $163.2K | $180K | +10.3% |
Carter County | $176.5K | $192.5K | +9.1% |
Murray County | $170K | $166.5K | -2.1% |
Pontotoc County | $179.8K | $175K | -2.7% |
Housing Supply in Murray County, OK
How many homes are available in Murray County, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
60 | 60 | 0.0% |
Summary: The Murray County real estate market had 60 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 13 | 13 | 0.0% |
3 Bedrooms | 33 | 33 | 0.0% |
4 Bedrooms | 10 | 11 | +10.0% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Murray 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
17 | 3 | -82.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Murray County in May 2024, down by 82.4% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Murray County, OK
How long does it take to sell a home in Murray County, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
52 Days | 72 Days | +37.4% |
Summary: Homes in Murray County had an average of 72 days on market in May 2024, up by 37.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Murray County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.