Is Fort Gibson, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Gibson is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Fort Gibson, OK

How much do homes in Fort Gibson, OK cost?

Median Sold Price

$235,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$21,750(+10.2%)

Key Takeaway

Homes in Fort Gibson have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in Fort Gibson was $235,000 in October 2024, up 10.2% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $129.9K$128K
-1.5%
3 $204.9K$216.9K
+5.9%
4 $315K$527.5K
+67.5%
5+ $299.9K$350K
+16.7%

Summary: Fort Gibson 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 decreased by 1.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 67.5%, and 5+ bedroom homes increased by 16.7%.

Median Sold Price Compared To Nearby Cities

Fort Gibson
+10.2%
Muskogee
+6.7%

Housing Supply in Fort Gibson, OK

How many homes are available in Fort Gibson, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2426+8.3%

Summary: The Fort Gibson real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 86
-25.0%
3 1313
0.0%
4 37
+133.3%
5+ 00
0.0%

Summary: The Fort Gibson 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
32-33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Gibson, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Fort Gibson in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Fort Gibson, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days7 Days-80.3%

Summary: Homes in Fort Gibson had an average of 7 days on market in Oct 2024, down by 80.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were 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 Fort Gibson are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Fort Gibson; 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 20 Days Ago

Newest Listings in Fort Gibson, OK

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