$4,453 Closing Credit*
$375,000
3,675 SqFt
3 Beds
•2 Full Baths, 1 Partial
A. Michelle Russell, Listing Office: Triple R Real Estate LLC
Is Cordell, 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, Cordell was a Seller's Market.
Key Takeaway
Cordell is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cordell, OK
How much do homes in Cordell, OK cost?
Median Sold Price
$124,000
$78/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$4,000(-3.1%)
Key Takeaway
Homes in Cordell have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in Cordell was $124,000 in November 2024, down 3.1% from last year, and the median price per square foot was $78.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $12K | - | N/A |
| 2 Bedrooms | $76K | $40K | -47.4% |
| 3 Bedrooms | $129K | $120K | -7.0% |
| 4 Bedrooms | $245K | $290K | +18.4% |
| 5+ Bedrooms | - | $230K | N/A |
Summary: Cordell 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 decreased by 47.4%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 18.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| New Cordell | $104.9K | $110K | +4.8% |
| Central Washita | $128K | $126.5K | -1.2% |
| Cordell | $128K | $124K | -3.1% |
Housing Supply in Cordell, OK
How many homes are available in Cordell, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The Cordell real estate market had 33 homes for sale in November 2024, a 3.1% increase 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 | 4 | +33.3% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Cordell 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 increased by 33.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cordell, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Cordell in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Cordell, OK
How long does it take to sell a home in Cordell, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 129 Days | 47 Days | -63.2% |
Summary: Homes in Cordell had an average of 47 days on market in Nov 2024, down by 63.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cordell are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Cordell; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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