$100,000
5.08 Acres
Land
Jaybee Hawkins, Listing Office: eXp Realty, LLC
Is Beggs, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Beggs has remained a Seller's Market.
Key Takeaway
Beggs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Beggs, OK
How much do homes in Beggs, OK cost?
Median Sold Price
$225,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$48,850(-17.8%)
Key Takeaway
Homes in Beggs have sold for 17.8% less than they did a year ago.
Summary: The median home sold price in Beggs was $225,000 in October 2024, down 17.8% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $40K | N/A |
| 2 Bedrooms | $97.5K | $172.5K | +76.9% |
| 3 Bedrooms | $258K | $214.9K | -16.7% |
| 4 Bedrooms | $660.5K | $395K | -40.2% |
| 5+ Bedrooms | $410K | $579.5K | +41.3% |
Summary: Beggs housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 76.9%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 40.2%, and 5+ bedroom homes increased by 41.3%.
Median Sold Price Compared To Nearby Cities
| Mounds | $247K | $349.9K | +41.7% |
| Beggs | $273.8K | $225K | -17.8% |
Housing Supply in Beggs, OK
How many homes are available in Beggs, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 20 | 0.0% |
Summary: The Beggs real estate market had 20 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 10 | 12 | +20.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Beggs housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Beggs, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Beggs in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Beggs, OK
How long does it take to sell a home in Beggs, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 79 Days | +283.1% |
Summary: Homes in Beggs had an average of 79 days on market in Oct 2024, up by 283.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Beggs are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Beggs; 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.
