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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Custer County is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Custer County was a Seller's Market.

Key Takeaway

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

Housing Prices in Custer County, OK

How much do homes in Custer County, OK cost?

Median Sold Price

$170,000

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,000(-2.9%)

Key Takeaway

Homes in Custer County have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in Custer County was $170,000 in March 2024, down 2.9% from last year, and the median price per square foot was $113.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $126.2K$51.5K
-59.2%
2 $103K$115K
+11.7%
3 $175K$177.5K
+1.4%
4 $245K$252K
+2.9%
5+ $261K$266.5K
+2.1%

Summary: Custer County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59.2%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 2.1%.

Median Sold Price Compared To Nearby Counties

Washita County
+27.2%
Custer County
-2.9%

Housing Supply in Custer County, OK

How many homes are available in Custer County, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
112116+3.6%

Summary: The Custer County real estate market had 116 homes for sale in March 2024, a 3.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 1615
-6.3%
3 7276
+5.6%
4 1216
+33.3%
5+ 119
-18.2%

Summary: The Custer 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 decreased by 6.3%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
1714-17.6%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Custer County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in Custer County in March 2024, down by 17.6% month-over-month. Of the 14 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% were sold over asking.

Days on Market for Custer County, OK

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

Average Sale Time

Mar 2023Mar 2024CHANGE
29 Days39 Days+34.2%

Summary: Homes in Custer County had an average of 39 days on market in Mar 2024, up by 34.2% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 14 homes were sold in Custer County; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 19 Days Ago

Newest Listings in Custer County, OK

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What housing markets are near Custer County, OK?