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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Craig County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Craig County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Craig County, OK

How much do homes in Craig County, OK cost?

Median Sold Price

$162,500

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$7,500(-4.4%)

Key Takeaway

Homes in Craig County have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Craig County was $162,500 in October 2024, down 4.4% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$106K
N/A
2 $67.5K$97.6K
+44.6%
3 $166.2K$190K
+14.3%
4 $225.5K$220K
-2.4%
5+ $491.5K$122.4K
-75.1%

Summary: Craig 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 44.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 75.1%.

Median Sold Price Compared To Nearby Counties

Mayes County
+4.4%
Craig County
-4.4%
Nowata County
-7.8%
Ottawa County
-26.7%

Housing Supply in Craig County, OK

How many homes are available in Craig County, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4645-2.2%

Summary: The Craig County real estate market had 45 homes for sale in October 2024, a 2.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 88
0.0%
3 2928
-3.4%
4 44
0.0%
5+ 55
0.0%

Summary: The Craig County housing inventory by bedroom type for October 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 3.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Craig County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Craig County in October 2024, down by 22.2% month-over-month. Of the 7 sold homes, 86% were sold under asking, 0% were sold at asking, and 14% were sold over asking.

Days on Market for Craig County, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
20 Days48 Days+138.3%

Summary: Homes in Craig County had an average of 48 days on market in Oct 2024, up by 138.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Craig County; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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 22 Days Ago

Newest Listings in Craig County, OK

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What housing markets are near Craig County, OK?