Is Binger-Hinton, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Binger-Hinton is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Binger-Hinton has remained a Buyer's Market.

Key Takeaway

Binger-Hinton is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Binger-Hinton, OK

How much do homes in Binger-Hinton, OK cost?

Median Sold Price

$143,750

$100/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$128,750(-47.2%)

Key Takeaway

Homes in Binger-Hinton have sold for 47.2% less than they did a month ago.

Summary: The median home sold price in Binger-Hinton was $143,750 in November 2024, down 47.2% from last month, and the median price per square foot was $100.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $200K$87.5K
-56.3%
3 $345K$200K
-42.0%
4 --
N/A
5+ --
N/A

Summary: Binger-Hinton housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 56.3%, 3 bedroom homes decreased by 42%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Hinton
+58.7%
Binger-Hinton
-47.2%
Binger
-70.0%

Housing Supply in Binger-Hinton, OK

How many homes are available in Binger-Hinton, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2018-10.0%

Summary: The Binger-Hinton real estate market had 18 homes for sale in November 2024, a 10.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 43
-25.0%
3 119
-18.2%
4 22
0.0%
5+ 22
0.0%

Summary: The Binger-Hinton housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Binger-Hinton, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Binger-Hinton in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Binger-Hinton, OK

How long does it take to sell a home in Binger-Hinton, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
153 Days113 Days-26.4%

Summary: Homes in Binger-Hinton had an average of 113 days on market in Nov 2024, down by 26.4% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Binger-Hinton are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 2 homes were sold in Binger-Hinton; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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