$297 Closing Credit*
$25,000
1,304 SqFt
3 Beds
•1 Full Bath
Tonja Weaver, Listing Office: Sweeney & Assoc of Holdenville
Is Hughes County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller'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
$64,000
$48/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$44,700(-41.1%)
Key Takeaway
Homes in Hughes County have sold for 41.1% less than they did a month ago.
Summary: The median home sold price in Hughes County was $64,000 in October 2024, down 41.1% from last month, and the median price per square foot was $48.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $12.7K | N/A |
| 3 Bedrooms | $127.5K | $74K | -42.0% |
| 4 Bedrooms | $52.5K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Hughes County housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 42%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Coal County | $115K | $279K | +142.6% |
| Hughes County | $108.7K | $64K | -41.1% |
Housing Supply in Hughes County, OK
How many homes are available in Hughes County, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 56 | -3.4% |
Summary: The Hughes County real estate market had 56 homes for sale in October 2024, a 3.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 15 | 14 | -6.7% |
| 3 Bedrooms | 29 | 27 | -6.9% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Hughes County 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 6.7%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Hughes County, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Hughes County in October 2024, down by 16.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 85 Days | 70 Days | -16.7% |
Summary: Homes in Hughes County had an average of 70 days on market in Oct 2024, down by 16.7% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Hughes County has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Hughes County; 20% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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