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 October 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

$257,450

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,450(+11.9%)

Key Takeaway

Homes in Eufaula have sold for 11.9% more than they did a year ago.

Summary: The median home sold price in Eufaula was $257,450 in October 2024, up 11.9% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $62.5K$52.5K
-16.0%
2 $160K$160K
0.0%
3 $262.5K$257.4K
-1.9%
4 $424K$720K
+69.8%
5+ $875K$1.0M
+22.0%

Summary: Eufaula housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16%, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 69.8%, and 5+ bedroom homes increased by 22%.

Housing Supply in Eufaula, OK

How many homes are available in Eufaula, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
106116+9.4%

Summary: The Eufaula real estate market had 116 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 21
-50.0%
2 2023
+15.0%
3 4955
+12.2%
4 2629
+11.5%
5+ 98
-11.1%

Summary: The Eufaula housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 12.2%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1410-28.6%

Asking Price vs. Sold Price

4 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 Eufaula, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Eufaula in October 2024, down by 28.6% month-over-month. Of the 10 sold homes, 40% were sold under asking, 50% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
53 Days84 Days+56.8%

Summary: Homes in Eufaula had an average of 84 days on market in Oct 2024, up by 56.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 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 October 2024, 10 homes were sold in Eufaula; 50% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 40% 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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