Is Garvin 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, Garvin County was a Seller's Market.
Housing Prices in Garvin County, OK
How much do homes in Garvin County, OK cost?
Median Sold Price
$180,000
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Garvin County was $180,000 in May 2024, up 10.3% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.2M | $748.5K | -41.3% |
2 Bedrooms | $83.7K | $105K | +25.4% |
3 Bedrooms | $166.6K | $194.9K | +17.0% |
4 Bedrooms | $245K | $260K | +6.1% |
5+ Bedrooms | $275K | $182.5K | -33.6% |
Summary: Garvin County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.3%, 2 bedroom homes increased by 25.4%, 3 bedroom homes increased by 17%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes decreased by 33.6%.
Median Sold Price Compared To Nearby Counties
Garvin County | $163.2K | $180K | +10.3% |
Carter County | $176.5K | $192.5K | +9.1% |
McClain County | $283.9K | $298.7K | +5.2% |
Murray County | $170K | $166.5K | -2.1% |
Housing Supply in Garvin County, OK
How many homes are available in Garvin County, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
119 | 114 | -4.2% |
Summary: The Garvin County real estate market had 114 homes for sale in May 2024, a 4.2% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 24 | 23 | -4.2% |
3 Bedrooms | 74 | 71 | -4.1% |
4 Bedrooms | 16 | 15 | -6.3% |
5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Garvin County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
16 | 16 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Garvin County in May 2024, the same as the previous month. Of the 16 sold homes, 63% were sold under asking, 31% were sold at asking, and 6% were sold over asking.
Days on Market for Garvin County, OK
How long does it take to sell a home in Garvin County, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
63 Days | 70 Days | +10.5% |
Summary: Homes in Garvin County had an average of 70 days on market in May 2024, up by 10.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During May 2024, 16 homes were sold in Garvin County; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.