$475 Closing Credit*
$40,000
980 SqFt
2 Beds
•1 Full Bath
Jolee Grinstead, Listing Office: Initial Point Realty, LLC
Is Sulphur, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$176,600
$113/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,600(+13.9%)
Key Takeaway
Homes in Sulphur have sold for 13.9% more than they did a year ago.
Summary: The median home sold price in Sulphur was $176,600 in November 2024, up 13.9% from last year, and the median price per square foot was $113.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $64.9K | $86.5K | +33.3% |
| 2 Bedrooms | $95K | $155K | +63.2% |
| 3 Bedrooms | $196K | $184.5K | -5.9% |
| 4 Bedrooms | $149K | $260K | +74.5% |
| 5+ Bedrooms | $310K | $425K | +37.1% |
Summary: Sulphur housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 63.2%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 74.5%, and 5+ bedroom homes increased by 37.1%.
Median Sold Price Compared To Nearby Cities
| East Murray | $140K | $175K | +25.0% |
| Sulphur | $155K | $176.6K | +13.9% |
Housing Supply in Sulphur, OK
How many homes are available in Sulphur, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 52 | +2.0% |
Summary: The Sulphur real estate market had 52 homes for sale in November 2024, a 2.0% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 13 | 10 | -23.1% |
| 3 Bedrooms | 22 | 29 | +31.8% |
| 4 Bedrooms | 12 | 9 | -25.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Sulphur 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 decreased by 23.1%, 3 bedroom homes increased by 31.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 7 | +40.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sulphur, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Sulphur in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 48 Days | 41 Days | -13.5% |
Summary: Homes in Sulphur had an average of 41 days on market in Nov 2024, down by 13.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sulphur are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Sulphur; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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