Is Caddo County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Caddo County was a Seller's Market.
Key Takeaway
Caddo County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Caddo County, OK
How much do homes in Caddo County, OK cost?
Median Sold Price
$130,000
$85/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Caddo County have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Caddo County was $130,000 in May 2024, up 8.3% from last year, and the median price per square foot was $85.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $59K | $25K | -57.6% |
| 2 Bedrooms | $50.5K | $80K | +58.4% |
| 3 Bedrooms | $160K | $142.4K | -11.0% |
| 4 Bedrooms | $185.8K | $195K | +4.9% |
| 5+ Bedrooms | $190K | $130K | -31.6% |
Summary: Caddo County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57.6%, 2 bedroom homes increased by 58.4%, 3 bedroom homes decreased by 11%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 31.6%.
Median Sold Price Compared To Nearby Counties
| Washita County | $93K | $124K | +33.3% |
| Grady County | $174.9K | $195.1K | +11.6% |
| Caddo County | $120K | $130K | +8.3% |
| Canadian County | $269.5K | $272.1K | +1.0% |
Housing Supply in Caddo County, OK
How many homes are available in Caddo County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 69 | 72 | +4.3% |
Summary: The Caddo County real estate market had 72 homes for sale in May 2024, a 4.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 15 | 19 | +26.7% |
| 3 Bedrooms | 37 | 32 | -13.5% |
| 4 Bedrooms | 12 | 14 | +16.7% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Caddo County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes increased by 26.7%, 3 bedroom homes decreased by 13.5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 11 | +37.5% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Caddo County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Caddo County in May 2024, up by 37.5% month-over-month. Of the 11 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% were sold over asking.
Days on Market for Caddo County, OK
How long does it take to sell a home in Caddo County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 63 Days | 36 Days | -42.6% |
Summary: Homes in Caddo County had an average of 36 days on market in May 2024, down by 42.6% compared to last year.
Breakdown of Home Sale Times
8 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 Caddo County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Caddo County; 73% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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