Is Choctaw County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Choctaw County is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Choctaw County was a Seller's Market.

Key Takeaway

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

Housing Prices in Choctaw County, OK

How much do homes in Choctaw County, OK cost?

Median Sold Price

$170,000

$102/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$40,000(+30.8%)

Key Takeaway

Homes in Choctaw County have sold for 30.8% more than they did a year ago.

Summary: The median home sold price in Choctaw County was $170,000 in November 2024, up 30.8% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $25K$242.2K
+869.0%
2 $102.5K$235K
+129.3%
3 $145K$170K
+17.2%
4 $190K$155K
-18.4%
5+ --
N/A

Summary: Choctaw County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 869%, 2 bedroom homes increased by 129.3%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 18.4%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Choctaw County
+30.8%
Bryan County
-2.3%

Housing Supply in Choctaw County, OK

How many homes are available in Choctaw County, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3532-8.6%

Summary: The Choctaw County real estate market had 32 homes for sale in November 2024, a 8.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 88
0.0%
2 11
0.0%
3 2320
-13.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Choctaw County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 13%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Choctaw County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Choctaw County in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Choctaw County, OK

How long does it take to sell a home in Choctaw County, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
119 Days46 Days-60.9%

Summary: Homes in Choctaw County had an average of 46 days on market in Nov 2024, down by 60.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Choctaw County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Choctaw County; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 21 Days Ago

Newest Listings in Choctaw County, OK

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What housing markets are near Choctaw County, OK?