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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beckham County is a buyer's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Beckham County, OK cost?

Median Sold Price

$157,083

$92/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

-$2,041(-1.3%)

Key Takeaway

Homes in Beckham County have sold for 1.3% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $23K$83K
+260.9%
2 $75.7K$71K
-6.3%
3 $159K$165K
+3.8%
4 $205K$180K
-12.2%
5+ $249.9K$290K
+16.0%

Median Sold Price Compared To Nearby Counties

Greer County
+30.3%
Beckham County
-1.3%
Washita County
-13.6%

How many homes are available in Beckham County, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
111101-9.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 1516
+6.7%
3 6961
-11.6%
4 2320
-13.0%
5+ 33
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
714+100.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beckham County, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
140 Days81 Days-41.7%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Beckham County has remained consistent over time.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Beckham County, OK

Beckham County, OK has 101 homes for sale to choose from. Between January 2023 and February 2023, Beckham County, OK real estate market has seen decrease in the number of listings by 9%. While the average time on the market in February 2023 was 81 days, the median list price was $157,083. This housing market listing prices have changed between January 2023 and February 2023: prices of 1 bedroom properties went up by 260.9%, 2 bedrooms properties became 6.3% more cheaper, 3 bedrooms properties prices increased by 3.8%, prices of 4 bedrooms properties went down by 12.2%, the cost of 5 bedrooms properties went up by 16%. Volume of homes for sale in this real estate market have seen the following changes: number of 1 bedroom homes remained the same, the quantity of 2 bedrooms homes went up by 6.7%, 3 bedrooms homes inventory decreased by 11.6%, volume of 4 bedrooms homes went down by 13%, 5 bedrooms homes inventory did not change. In February 2023 more than 1 listings in Beckham County, OK were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 12 were sold below.

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