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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sulphur is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Sulphur, OK

How much do homes in Sulphur, OK cost?

Median Sold Price

$168,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$1,750(+1.1%)

Key Takeaway

Homes in Sulphur have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Sulphur was $168,000 in October 2024, up 1.1% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $64.9K$86.5K
+33.3%
2 $101.2K$129K
+27.4%
3 $199K$173.1K
-13.0%
4 $149K$285K
+91.3%
5+ $310K$425K
+37.1%

Summary: Sulphur housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 27.4%, 3 bedroom homes decreased by 13%, 4 bedroom homes increased by 91.3%, and 5+ bedroom homes increased by 37.1%.

Median Sold Price Compared To Nearby Cities

East Murray
+5.2%
Sulphur
+1.1%

Housing Supply in Sulphur, OK

How many homes are available in Sulphur, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4151+24.4%

Summary: The Sulphur real estate market had 51 homes for sale in October 2024, a 24.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 913
+44.4%
3 1722
+29.4%
4 1212
0.0%
5+ 23
+50.0%

Summary: The Sulphur 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 44.4%, 3 bedroom homes increased by 29.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sulphur, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Sulphur in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 20% were sold under asking, 60% were sold at asking, and 20% were sold over asking.

Days on Market for Sulphur, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
81 Days37 Days-53.7%

Summary: Homes in Sulphur had an average of 37 days on market in Oct 2024, down by 53.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 5 homes were sold in Sulphur; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

Newest Listings in Sulphur, OK

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What housing markets are near Sulphur, OK?