$1,294 Closing Credit*
$109,000
2,631 SqFt
3 Beds
•2 Full Baths
Cheryle Griffith, Listing Office: RE/MAX ALL AMERICAN REALTY
Is Central Washita, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Central Washita was a Seller's Market.
Key Takeaway
Central Washita is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Washita, OK
How much do homes in Central Washita, OK cost?
Median Sold Price
$131,500
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,550(+19.6%)
Key Takeaway
Homes in Central Washita have sold for 19.6% more than they did a year ago.
Summary: The median home sold price in Central Washita was $131,500 in October 2024, up 19.6% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $12K | - | N/A |
| 2 Bedrooms | $88K | $45K | -48.9% |
| 3 Bedrooms | $110K | $129.5K | +17.7% |
| 4 Bedrooms | $222K | $295K | +32.9% |
| 5+ Bedrooms | - | $230K | N/A |
Summary: Central Washita 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 decreased by 48.9%, 3 bedroom homes increased by 17.7%, 4 bedroom homes increased by 32.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Cordell | $85K | $124K | +45.9% |
| Central Washita | $109.9K | $131.5K | +19.6% |
| Cordell | $109.9K | $130K | +18.2% |
Housing Supply in Central Washita, OK
How many homes are available in Central Washita, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 31 | +34.8% |
Summary: The Central Washita real estate market had 31 homes for sale in October 2024, a 34.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 3 | -40.0% |
| 3 Bedrooms | 12 | 17 | +41.7% |
| 4 Bedrooms | 6 | 8 | +33.3% |
| 5+ Bedrooms | 0 | 2 | +100.0% |
Summary: The Central Washita housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 41.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Central Washita, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Central Washita in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Central Washita, OK
How long does it take to sell a home in Central Washita, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 76 Days | +90.3% |
Summary: Homes in Central Washita had an average of 76 days on market in Oct 2024, up by 90.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Central Washita are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Central Washita; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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