Is Muskogee, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Muskogee is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Muskogee was a Seller's Market.

Key Takeaway

Muskogee is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Muskogee, OK

How much do homes in Muskogee, OK cost?

Median Sold Price

$155,400

$109/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,700(+3.8%)

Key Takeaway

Homes in Muskogee have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Muskogee was $155,400 in November 2024, up 3.8% from last year, and the median price per square foot was $109.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $99.2K$95K
-4.3%
2 $73K$80K
+9.6%
3 $155.6K$165K
+6.0%
4 $205K$235K
+14.6%
5+ $390K$249K
-36.2%

Summary: Muskogee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 9.6%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 14.6%, and 5+ bedroom homes decreased by 36.2%.

Median Sold Price Compared To Nearby Cities

Fort Gibson
+11.1%
Muskogee
+3.8%

Housing Supply in Muskogee, OK

How many homes are available in Muskogee, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
203201-1.0%

Summary: The Muskogee real estate market had 201 homes for sale in November 2024, a 1.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2832
+14.3%
3 121112
-7.4%
4 4448
+9.1%
5+ 87
-12.5%

Summary: The Muskogee 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 increased by 14.3%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3732-13.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Muskogee, you may be able to get a good deal. 59.4% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in Muskogee in November 2024, down by 13.5% month-over-month. Of the 32 sold homes, 59% were sold under asking, 9% were sold at asking, and 31% were sold over asking.

Days on Market for Muskogee, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days44 Days+1.4%

Summary: Homes in Muskogee had an average of 44 days on market in Nov 2024, up by 1.4% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 32 homes were sold in Muskogee; 44% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 16% 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 17 Days Ago

Newest Listings in Muskogee, OK

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