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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stephens County is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Stephens County has remained a Seller's Market.

Key Takeaway

Stephens County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Stephens County, OK

How much do homes in Stephens County, OK cost?

Median Sold Price

$138,187

$82/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$34,312(-19.9%)

Key Takeaway

Homes in Stephens County have sold for 19.9% less than they did a month ago.

Summary: The median home sold price in Stephens County was $138,187 in October 2024, down 19.9% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $85K$115K
+35.3%
3 $172.5K$160.6K
-6.8%
4 $200K-
N/A
5+ --
N/A

Summary: Stephens 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 increased by 35.3%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Jefferson County
+29.2%
Stephens County
-19.9%

Housing Supply in Stephens County, OK

How many homes are available in Stephens County, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2830+7.1%

Summary: The Stephens County real estate market had 30 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 47
+75.0%
3 1113
+18.2%
4 118
-27.3%
5+ 11
0.0%

Summary: The Stephens 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 75%, 3 bedroom homes increased by 18.2%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stephens County, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Stephens County in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 0% were sold at asking, and 17% were sold over asking.

Days on Market for Stephens County, OK

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

Average Sale Time

Sep 2024Oct 2024CHANGE
22 Days65 Days+199.2%

Summary: Homes in Stephens County had an average of 65 days on market in Oct 2024, up by 199.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Stephens County has remained consistent over time.

Summary: During October 2024, 6 homes were sold in Stephens County; 17% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 17% 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 4 Days Ago

Newest Listings in Stephens County, OK

Nearby Markets to Stephens County, OK

What housing markets are near Stephens County, OK?