Is Central Washita, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Central Washita has remained a Buyer's Market.
Key Takeaway
Central Washita is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Central Washita, OK
How much do homes in Central Washita, OK cost?
Median Sold Price
$129,000
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Central Washita have sold for 34% more than they did a year ago.
Summary: The median home sold price in Central Washita was $129,000 in April 2024, up 34% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $12K | N/A |
| 2 Bedrooms | $55K | $87.2K | +58.6% |
| 3 Bedrooms | $103.9K | $129K | +24.2% |
| 4 Bedrooms | $103K | $267K | +159.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Central Washita 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 58.6%, 3 bedroom homes increased by 24.2%, 4 bedroom homes increased by 159.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Central Washita | $96.2K | $129K | +34.0% |
| Cordell | $96.2K | $129K | +34.0% |
| New Cordell | $95K | $110K | +15.8% |
Housing Supply in Central Washita, OK
How many homes are available in Central Washita, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 26 | 0.0% |
Summary: The Central Washita real estate market had 26 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 16 | 15 | -6.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Central Washita 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 increased by 16.7%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Central Washita, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Central Washita in April 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Central Washita, OK
How long does it take to sell a home in Central Washita, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 157 Days | +286.1% |
Summary: Homes in Central Washita had an average of 157 days on market in Apr 2024, up by 286.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Central Washita are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 3 homes were sold in Central Washita; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
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