Is Beckham County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Beckham County was a Seller's Market.
Key Takeaway
Beckham County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Beckham County, OK
How much do homes in Beckham County, OK cost?
Median Sold Price
$159,250
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Beckham County have sold for 2.7% more than they did a year ago.
Summary: The median home sold price in Beckham County was $159,250 in March 2024, up 2.7% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $11K | $32.2K | +192.7% |
| 2 Bedrooms | $71K | $67K | -5.6% |
| 3 Bedrooms | $160K | $153.9K | -3.8% |
| 4 Bedrooms | $182.5K | $250K | +37.0% |
| 5+ Bedrooms | $275K | $332.5K | +20.9% |
Summary: Beckham County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 192.7%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 37%, and 5+ bedroom homes increased by 20.9%.
Median Sold Price Compared To Nearby Counties
| Washita County | $97.5K | $124K | +27.2% |
| Beckham County | $155K | $159.2K | +2.7% |
| Greer County | $116K | $108K | -6.9% |
Housing Supply in Beckham County, OK
How many homes are available in Beckham County, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 125 | 125 | 0.0% |
Summary: The Beckham County real estate market had 125 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 5 | +66.7% |
| 2 Bedrooms | 28 | 26 | -7.1% |
| 3 Bedrooms | 65 | 63 | -3.1% |
| 4 Bedrooms | 25 | 29 | +16.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The Beckham County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 16%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 16 | +45.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Beckham County, you may be able to get a good deal. 68.8% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Beckham County in March 2024, up by 45.5% month-over-month. Of the 16 sold homes, 69% were sold under asking, 19% were sold at asking, and 13% were sold over asking.
Days on Market for Beckham County, OK
How long does it take to sell a home in Beckham County, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 99 Days | 120 Days | +21.2% |
Summary: Homes in Beckham County had an average of 120 days on market in Mar 2024, up by 21.2% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Beckham County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 16 homes were sold in Beckham County; 25% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 56% of homes were sold over 90 days.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 