$65,000
21.89 Acres
Land
Joe M. McAlester, Listing Office: United County J-Mack Realty
Is Latimer County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Latimer County was a Neutral Market.
Key Takeaway
Latimer County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Latimer County, OK
How much do homes in Latimer County, OK cost?
Median Sold Price
$242,500
$140/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
+$152,500(+169.4%)
Key Takeaway
Homes in Latimer County have sold for 169.4% more than they did a month ago.
Summary: The median home sold price in Latimer County was $242,500 in October 2024, up 169.4% from last month, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $57.3K | - | N/A |
| 3 Bedrooms | $90K | $242.5K | +169.4% |
| 4 Bedrooms | $165K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Latimer 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 increased by 169.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Latimer County, OK
How many homes are available in Latimer County, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 32 | +6.7% |
Summary: The Latimer County real estate market had 32 homes for sale in October 2024, a 6.7% increase 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 12 | 16 | +33.3% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Latimer 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 50%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Latimer County, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Latimer County in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Latimer County, OK
How long does it take to sell a home in Latimer County, OK?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 19 Days | -76.4% |
Summary: Homes in Latimer County had an average of 19 days on market in Oct 2024, down by 76.4% compared to last month.
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
Key Takeaway
Many homes in Latimer County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Latimer County; 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.
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