Is Beggs, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beggs is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Beggs has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Beggs, OK

How much do homes in Beggs, OK cost?

Median Sold Price

$257,000

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$72,000(+38.9%)

Key Takeaway

Homes in Beggs have sold for 38.9% more than they did a year ago.

Summary: The median home sold price in Beggs was $257,000 in April 2024, up 38.9% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$40K
N/A
2 $85K$172.5K
+102.9%
3 $289.7K$256K
-11.6%
4 -$435.5K
N/A
5+ $499.5K$410K
-17.9%

Summary: Beggs housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 102.9%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 17.9%.

Median Sold Price Compared To Nearby Cities

Beggs
+38.9%
Mounds
+1.0%

Housing Supply in Beggs, OK

How many homes are available in Beggs, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2319-17.4%

Summary: The Beggs real estate market had 19 homes for sale in April 2024, a 17.4% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 50
-100.0%
3 1111
0.0%
4 45
+25.0%
5+ 33
0.0%

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

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beggs, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Beggs in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Beggs, OK

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

Average Sale Time

Apr 2023Apr 2024CHANGE
80 Days33 Days-58.9%

Summary: Homes in Beggs had an average of 33 days on market in Apr 2024, down by 58.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Beggs are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in Beggs; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 4 Days Ago

Newest Listings in Beggs, OK

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