$120,000
20.00 Acres
Land
BJ Bellettini, Listing Office: 1907 Realty
Is Coal County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Coal County was a Seller's Market.
Key Takeaway
Coal County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Coal County, OK
How much do homes in Coal County, OK cost?
Median Sold Price
$135,000
$97/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$11,000(-7.5%)
Key Takeaway
Homes in Coal County have sold for 7.5% less than they did a year ago.
Summary: The median home sold price in Coal County was $135,000 in November 2024, down 7.5% from last year, and the median price per square foot was $97.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $48.3K | - | N/A |
| 2 Bedrooms | $82.5K | $115K | +39.4% |
| 3 Bedrooms | $147.5K | $147.5K | 0.0% |
| 4 Bedrooms | $252.5K | $130K | -48.5% |
| 5+ Bedrooms | $1.4M | - | N/A |
Summary: Coal County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 39.4%, 3 bedroom homes did not change, 4 bedroom homes decreased by 48.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Pontotoc County | $182.5K | $197.5K | +8.2% |
| Coal County | $146K | $135K | -7.5% |
Housing Supply in Coal County, OK
How many homes are available in Coal County, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 12 | 10 | -16.7% |
Summary: The Coal County real estate market had 10 homes for sale in November 2024, a 16.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 7 | 5 | -28.6% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Coal 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 decreased by 33.3%, 3 bedroom homes decreased by 28.6%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Coal County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Coal County in November 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Coal County, OK
How long does it take to sell a home in Coal County, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 75 Days | 18 Days | -76.2% |
Summary: Homes in Coal County had an average of 18 days on market in Nov 2024, down by 76.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Coal County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Coal County; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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