Is Hughes County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hughes County is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Hughes County has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Hughes County, OK

How much do homes in Hughes County, OK cost?

Median Sold Price

$72,000

$64/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$8,000(+12.5%)

Key Takeaway

Homes in Hughes County have sold for 12.5% more than they did a month ago.

Summary: The median home sold price in Hughes County was $72,000 in November 2024, up 12.5% from last month, and the median price per square foot was $64.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $28.3K$96.2K
+239.4%
3 $84K$72K
-14.3%
4 --
N/A
5+ $401K-
N/A

Summary: Hughes County housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 239.4%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Hughes County, OK

How many homes are available in Hughes County, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5346-13.2%

Summary: The Hughes County real estate market had 46 homes for sale in November 2024, a 13.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1312
-7.7%
3 2521
-16.0%
4 1211
-8.3%
5+ 10
-100.0%

Summary: The Hughes 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 7.7%, 3 bedroom homes decreased by 16%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hughes County, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Hughes County in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Hughes County, OK

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

Average Sale Time

Oct 2024Nov 2024CHANGE
45 Days57 Days+24.8%

Summary: Homes in Hughes County had an average of 57 days on market in Nov 2024, up by 24.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Hughes County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in Hughes County, OK

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