$119 Closing Credit*
$10,000
1,248 SqFt
2 Beds
•1 Full Bath
Jenn Irwin, Listing Office: RE/MAX LIFESTYLE
Is Garvin County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$175,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$5,000(-2.8%)
Key Takeaway
Homes in Garvin County have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Garvin County was $175,000 in October 2024, down 2.8% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $748.5K | $70K | -90.6% |
| 2 Bedrooms | $92K | $109K | +18.5% |
| 3 Bedrooms | $180K | $189K | +5.0% |
| 4 Bedrooms | $265K | $250K | -5.7% |
| 5+ Bedrooms | $275K | $465K | +69.1% |
Summary: Garvin County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 90.6%, 2 bedroom homes increased by 18.5%, 3 bedroom homes increased by 5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 69.1%.
Median Sold Price Compared To Nearby Counties
| Murray County | $165K | $175K | +6.1% |
| Carter County | $185K | $190K | +2.7% |
| McClain County | $298.9K | $293.7K | -1.7% |
| Garvin County | $180K | $175K | -2.8% |
Housing Supply in Garvin County, OK
How many homes are available in Garvin County, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 153 | +2.0% |
Summary: The Garvin County real estate market had 153 homes for sale in October 2024, a 2.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 35 | 33 | -5.7% |
| 3 Bedrooms | 90 | 93 | +3.3% |
| 4 Bedrooms | 18 | 22 | +22.2% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Garvin County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 19 | -17.4% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Garvin County, you may be able to get a good deal. 68.4% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Garvin County in October 2024, down by 17.4% month-over-month. Of the 19 sold homes, 68% were sold under asking, 11% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 50 Days | +1.4% |
Summary: Homes in Garvin County had an average of 50 days on market in Oct 2024, up by 1.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Garvin County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 19 homes were sold in Garvin County; 42% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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