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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seminole County is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Seminole County, OK

How much do homes in Seminole County, OK cost?

Median Sold Price

$134,950

$88/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,950(+18.4%)

Key Takeaway

Homes in Seminole County have sold for 18.4% more than they did a year ago.

Summary: The median home sold price in Seminole County was $134,950 in November 2024, up 18.4% from last year, and the median price per square foot was $88.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $113K$47.9K
-57.6%
2 $70K$72.5K
+3.6%
3 $116.2K$145K
+24.8%
4 $230K$128K
-44.3%
5+ $281K$403.5K
+43.6%

Summary: Seminole County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.6%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 24.8%, 4 bedroom homes decreased by 44.3%, and 5+ bedroom homes increased by 43.6%.

Median Sold Price Compared To Nearby Counties

Seminole County
+18.4%
Pontotoc County
+8.2%
Pottawatomie County
+2.8%

Housing Supply in Seminole County, OK

How many homes are available in Seminole County, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8381-2.4%

Summary: The Seminole County real estate market had 81 homes for sale in November 2024, a 2.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1111
0.0%
3 5554
-1.8%
4 89
+12.5%
5+ 86
-25.0%

Summary: The Seminole 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 remained the same, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
97-22.2%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seminole County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Seminole County in November 2024, down by 22.2% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Seminole County, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
27 Days59 Days+117.9%

Summary: Homes in Seminole County had an average of 59 days on market in Nov 2024, up by 117.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Seminole County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 7 homes were sold in Seminole County; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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

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