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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Dewey County is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Dewey County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Dewey County, OK

How much do homes in Dewey County, OK cost?

Median Sold Price

$100,000

$57/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,050(+28.3%)

Key Takeaway

Homes in Dewey County have sold for 28.3% more than they did a year ago.

Summary: The median home sold price in Dewey County was $100,000 in October 2024, up 28.3% from last year, and the median price per square foot was $57.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $65.5K-
N/A
3 $79.9K$100K
+25.2%
4 $202.5K$166.5K
-17.8%
5+ --
N/A

Summary: Dewey 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 did not change, 3 bedroom homes increased by 25.2%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Dewey County
+28.3%
Custer County
+0.8%

Housing Supply in Dewey County, OK

How many homes are available in Dewey County, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
118-27.3%

Summary: The Dewey County real estate market had 8 homes for sale in October 2024, a 27.3% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 96
-33.3%
4 21
-50.0%
5+ 00
0.0%

Summary: The Dewey 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 increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Dewey 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 Dewey County in October 2024, down by 50.0% month-over-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 Dewey County, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
27 Days7 Days-74.1%

Summary: Homes in Dewey County had an average of 7 days on market in Oct 2024, down by 74.1% 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

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Dewey 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in Dewey County, OK

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What housing markets are near Dewey County, OK?