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 October 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 October 2023

+$20,000(+13.3%)

Key Takeaway

Homes in Choctaw County have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Choctaw County was $170,000 in October 2024, up 13.3% from last year, and the median price per square foot was $102.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$242.2K
N/A
2 $102.5K$235K
+129.3%
3 $147.5K$169K
+14.6%
4 $190K$120K
-36.8%
5+ --
N/A

Summary: Choctaw County 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 129.3%, 3 bedroom homes increased by 14.6%, 4 bedroom homes decreased by 36.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Atoka County
+44.2%
Choctaw County
+13.3%
Bryan County
-2.0%
Pushmataha County
-4.5%

Housing Supply in Choctaw County, OK

How many homes are available in Choctaw County, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3338+15.2%

Summary: The Choctaw County real estate market had 38 homes for sale in October 2024, a 15.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 69
+50.0%
2 11
0.0%
3 2225
+13.6%
4 21
-50.0%
5+ 22
0.0%

Summary: The Choctaw County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

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 October 2024, up by 100.0% month-over-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

Oct 2023Oct 2024CHANGE
48 Days110 Days+129.2%

Summary: Homes in Choctaw County had an average of 110 days on market in Oct 2024, up by 129.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

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

Newest Listings in Choctaw County, OK

Nearby Markets to Choctaw County, OK

What housing markets are near Choctaw County, OK?