Is Eufaula, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Eufaula is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Eufaula, OK

How much do homes in Eufaula, OK cost?

Median Sold Price

$280,000

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$37,500(+15.5%)

Key Takeaway

Homes in Eufaula have sold for 15.5% more than they did a year ago.

Summary: The median home sold price in Eufaula was $280,000 in November 2024, up 15.5% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $68.7K$50K
-27.3%
2 $165K$155K
-6.1%
3 $269.9K$280K
+3.7%
4 $435K$769K
+76.8%
5+ $687.5K$988K
+43.7%

Summary: Eufaula housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 27.3%, 2 bedroom homes decreased by 6.1%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 76.8%, and 5+ bedroom homes increased by 43.7%.

Housing Supply in Eufaula, OK

How many homes are available in Eufaula, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
105115+9.5%

Summary: The Eufaula real estate market had 115 homes for sale in November 2024, a 9.5% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1920
+5.3%
3 5254
+3.8%
4 2632
+23.1%
5+ 78
+14.3%

Summary: The Eufaula 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 5.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
10100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Eufaula, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Eufaula in November 2024, the same as the previous month. Of the 10 sold homes, 70% were sold under asking, 10% were sold at asking, and 20% were sold over asking.

Days on Market for Eufaula, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
58 Days64 Days+10.7%

Summary: Homes in Eufaula had an average of 64 days on market in Nov 2024, up by 10.7% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 10 homes were sold in Eufaula; 50% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 30% 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 17 Days Ago

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