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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adair County is a seller's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Adair County was a Neutral Market.

Key Takeaway

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

Housing Prices in Adair County, OK

How much do homes in Adair County, OK cost?

Median Sold Price

$175,000

$112/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$9,500(+5.7%)

Key Takeaway

Homes in Adair County have sold for 5.7% more than they did a year ago.

Summary: The median home sold price in Adair County was $175,000 in March 2024, up 5.7% from last year, and the median price per square foot was $112.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $82.4K$42.4K
-48.6%
2 $138.5K$150K
+8.3%
3 $165K$182.5K
+10.6%
4 $200K$227.5K
+13.8%
5+ $400K$300K
-25.0%

Summary: Adair County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.6%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 13.8%, and 5+ bedroom homes decreased by 25%.

Median Sold Price Compared To Nearby Counties

Delaware County
+8.0%
Cherokee County
+6.8%
Adair County
+5.7%
Washington County
+4.8%
Sequoyah County
-2.9%

Housing Supply in Adair County, OK

How many homes are available in Adair County, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6865-4.4%

Summary: The Adair County real estate market had 65 homes for sale in March 2024, a 4.4% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 810
+25.0%
3 3633
-8.3%
4 1716
-5.9%
5+ 66
0.0%

Summary: The Adair County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
511+120.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adair County, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Adair County in March 2024, up by 120.0% month-over-month. Of the 11 sold homes, 73% were sold under asking, 18% were sold at asking, and 9% were sold over asking.

Days on Market for Adair County, OK

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

Average Sale Time

Mar 2023Mar 2024CHANGE
86 Days109 Days+27.4%

Summary: Homes in Adair County had an average of 109 days on market in Mar 2024, up by 27.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Adair County are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 11 homes were sold in Adair County; 27% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 45% 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 18 Days Ago

Newest Listings in Adair County, OK

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