$1,900 Closing Credit*
$160,000
1,860 SqFt
3 Beds
•1 Full Bath, 1 Partial
Kristy Kowalski, Listing Office: BHGRE GREEN COUNTRY
Is Pontotoc County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pontotoc County has remained a Seller's Market.
Key Takeaway
Pontotoc County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pontotoc County, OK
How much do homes in Pontotoc County, OK cost?
Median Sold Price
$194,250
$122/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$10,550(+5.7%)
Key Takeaway
Homes in Pontotoc County have sold for 5.7% more than they did a year ago.
Summary: The median home sold price in Pontotoc County was $194,250 in October 2024, up 5.7% from last year, and the median price per square foot was $122.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89.7K | $22.4K | -75.0% |
| 2 Bedrooms | $89.9K | $105.5K | +17.3% |
| 3 Bedrooms | $185.5K | $210K | +13.2% |
| 4 Bedrooms | $249.5K | $313.3K | +25.6% |
| 5+ Bedrooms | $725K | $243.7K | -66.4% |
Summary: Pontotoc County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 13.2%, 4 bedroom homes increased by 25.6%, and 5+ bedroom homes decreased by 66.4%.
Median Sold Price Compared To Nearby Counties
| Seminole County | $115K | $135K | +17.4% |
| Pontotoc County | $183.7K | $194.2K | +5.7% |
| Pottawatomie County | $189.9K | $199.9K | +5.2% |
Housing Supply in Pontotoc County, OK
How many homes are available in Pontotoc County, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 174 | 188 | +8.0% |
Summary: The Pontotoc County real estate market had 188 homes for sale in October 2024, a 8.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 22 | 24 | +9.1% |
| 3 Bedrooms | 104 | 113 | +8.7% |
| 4 Bedrooms | 35 | 37 | +5.7% |
| 5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Pontotoc 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 increased by 9.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 33 | +6.5% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pontotoc County, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.
Summary: A total of 33 homes were sold or pending in Pontotoc County in October 2024, up by 6.5% month-over-month. Of the 33 sold homes, 58% were sold under asking, 30% were sold at asking, and 12% were sold over asking.
Days on Market for Pontotoc County, OK
How long does it take to sell a home in Pontotoc County, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 38 Days | -5.3% |
Summary: Homes in Pontotoc County had an average of 38 days on market in Oct 2024, down by 5.3% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pontotoc County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 33 homes were sold in Pontotoc County; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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