$2,801 Closing Credit*
$235,900
1,924 SqFt
3 Beds
•2 Full Baths
Shellie D Kelley, Listing Office: RE/MAX Energy Real Estate
Is Garvin County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Garvin County was a Seller's Market.
Key Takeaway
Garvin County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Garvin County, OK
How much do homes in Garvin County, OK cost?
Median Sold Price
$176,333
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$3,666(-2.0%)
Key Takeaway
Homes in Garvin County have sold for 2% less than they did a year ago.
Summary: The median home sold price in Garvin County was $176,333 in November 2024, down 2% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $748.5K | $70K | -90.6% |
| 2 Bedrooms | $95.5K | $105K | +9.9% |
| 3 Bedrooms | $181.5K | $190.7K | +5.1% |
| 4 Bedrooms | $260K | $250K | -3.8% |
| 5+ Bedrooms | $275K | $465K | +69.1% |
Summary: Garvin County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 90.6%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 69.1%.
Median Sold Price Compared To Nearby Counties
| Murray County | $149K | $186K | +24.8% |
| Carter County | $189K | $191.5K | +1.3% |
| Garvin County | $180K | $176.3K | -2.0% |
| McClain County | $299.7K | $292.9K | -2.3% |
Housing Supply in Garvin County, OK
How many homes are available in Garvin County, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 150 | 151 | +0.7% |
Summary: The Garvin County real estate market had 151 homes for sale in November 2024, a 0.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 33 | 29 | -12.1% |
| 3 Bedrooms | 92 | 92 | 0.0% |
| 4 Bedrooms | 20 | 24 | +20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Garvin County 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 decreased by 12.1%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Garvin County, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Garvin County in November 2024, down by 20.0% month-over-month. Of the 16 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.
Days on Market for Garvin County, OK
How long does it take to sell a home in Garvin County, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 60 Days | 85 Days | +41.8% |
Summary: Homes in Garvin County had an average of 85 days on market in Nov 2024, up by 41.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Garvin County has remained consistent over time.
Summary: During November 2024, 16 homes were sold in Garvin County; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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