Is East Murray, 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, East Murray was a Seller's Market.
Key Takeaway
East Murray is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Murray, OK
How much do homes in East Murray, OK cost?
Median Sold Price
$148,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in East Murray have sold for 11.6% less than they did a year ago.
Summary: The median home sold price in East Murray was $148,000 in March 2024, down 11.6% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $74.9K | $49.9K | -33.5% |
| 2 Bedrooms | $128.5K | $91.2K | -29.0% |
| 3 Bedrooms | $175K | $184.1K | +5.2% |
| 4 Bedrooms | $234.5K | $120K | -48.8% |
| 5+ Bedrooms | $398.5K | $240K | -39.8% |
Summary: East Murray housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 33.5%, 2 bedroom homes decreased by 29%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 48.8%, and 5+ bedroom homes decreased by 39.8%.
Median Sold Price Compared To Nearby Cities
| Sulphur | $149.9K | $155K | +3.4% |
| East Murray | $167.5K | $148K | -11.6% |
| West Murray | $220K | $187.5K | -14.8% |
Housing Supply in East Murray, OK
How many homes are available in East Murray, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 33 | 37 | +12.1% |
Summary: The East Murray real estate market had 37 homes for sale in March 2024, a 12.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 19 | 25 | +31.6% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Murray housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes increased by 31.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
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 East Murray, 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 East Murray in March 2024, the same as the previous 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 East Murray, OK
How long does it take to sell a home in East Murray, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 64 Days | 64 Days | 0.1% |
Summary: Homes in East Murray had an average of 64 days on market in Mar 2024, up by 0.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in East Murray are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in East Murray; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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