Is Muskogee 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, Muskogee County has remained a Seller's Market.
Key Takeaway
Muskogee County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muskogee County, OK
How much do homes in Muskogee County, OK cost?
Median Sold Price
$164,685
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Muskogee County have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Muskogee County was $164,685 in May 2024, up 2.6% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $73.7K | $98.2K | +33.2% |
| 2 Bedrooms | $84K | $88K | +4.8% |
| 3 Bedrooms | $161.7K | $165K | +2.0% |
| 4 Bedrooms | $254.2K | $235K | -7.6% |
| 5+ Bedrooms | $315K | $430K | +36.5% |
Summary: Muskogee County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.2%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes increased by 36.5%.
Median Sold Price Compared To Nearby Counties
| McIntosh County | $230K | $273.3K | +18.8% |
| Cherokee County | $190K | $206.5K | +8.7% |
| Wagoner County | $268.5K | $286.8K | +6.8% |
| Muskogee County | $160.4K | $164.6K | +2.6% |
| Haskell County | $200K | $189.5K | -5.3% |
Housing Supply in Muskogee County, OK
How many homes are available in Muskogee County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 260 | 249 | -4.2% |
Summary: The Muskogee County real estate market had 249 homes for sale in May 2024, a 4.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 44 | 37 | -15.9% |
| 3 Bedrooms | 149 | 139 | -6.7% |
| 4 Bedrooms | 54 | 59 | +9.3% |
| 5+ Bedrooms | 12 | 12 | 0.0% |
Summary: The Muskogee County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 15.9%, 3 bedroom homes decreased by 6.7%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 67 | 51 | -23.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muskogee County, you may be able to get a good deal. 49% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Muskogee County in May 2024, down by 23.9% month-over-month. Of the 51 sold homes, 49% were sold under asking, 29% were sold at asking, and 22% were sold over asking.
Days on Market for Muskogee County, OK
How long does it take to sell a home in Muskogee County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 44 Days | +24.2% |
Summary: Homes in Muskogee County had an average of 44 days on market in May 2024, up by 24.2% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Muskogee County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 51 homes were sold in Muskogee County; 61% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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