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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Custer County is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Custer 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 Custer County, OK

How much do homes in Custer County, OK cost?

Median Sold Price

$170,750

$111/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,416(+0.8%)

Key Takeaway

Homes in Custer County have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Custer County was $170,750 in October 2024, up 0.8% from last year, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $57.5K$78.7K
+37.0%
2 $113.7K$104K
-8.6%
3 $175K$173.2K
-1.0%
4 $250K$266K
+6.4%
5+ $450K$290K
-35.6%

Summary: Custer County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes decreased by 1%, 4 bedroom homes increased by 6.4%, and 5+ bedroom homes decreased by 35.6%.

Median Sold Price Compared To Nearby Counties

Dewey County
+28.3%
Washita County
+20.5%
Custer County
+0.8%
Roger Mills County
-14.4%

Housing Supply in Custer County, OK

How many homes are available in Custer County, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
120119-0.8%

Summary: The Custer County real estate market had 119 homes for sale in October 2024, a 0.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 2115
-28.6%
3 6368
+7.9%
4 2827
-3.6%
5+ 78
+14.3%

Summary: The Custer 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 decreased by 28.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
19190.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Custer County, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Custer County in October 2024, the same as the previous month. Of the 19 sold homes, 68% were sold under asking, 26% were sold at asking, and 5% were sold over asking.

Days on Market for Custer County, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
47 Days36 Days-23.3%

Summary: Homes in Custer County had an average of 36 days on market in Oct 2024, down by 23.3% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 19 homes were sold in Custer County; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% 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 Custer County, OK

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