Is Eufaula, 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, Eufaula was a Seller's Market.
Key Takeaway
Eufaula is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Eufaula, OK
How much do homes in Eufaula, OK cost?
Median Sold Price
$240,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Eufaula have sold for 12.9% more than they did a year ago.
Summary: The median home sold price in Eufaula was $240,000 in March 2024, up 12.9% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $81K | $75K | -7.4% |
| 2 Bedrooms | $169.5K | $160K | -5.6% |
| 3 Bedrooms | $220K | $240K | +9.1% |
| 4 Bedrooms | $332.5K | $455K | +36.8% |
| 5+ Bedrooms | $305K | $687.5K | +125.4% |
Summary: Eufaula housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.4%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 36.8%, and 5+ bedroom homes increased by 125.4%.
Housing Supply in Eufaula, OK
How many homes are available in Eufaula, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 89 | 96 | +7.9% |
Summary: The Eufaula real estate market had 96 homes for sale in March 2024, a 7.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 38 | 47 | +23.7% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Eufaula housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 23.7%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 16 | 7 | -56.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Eufaula, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Eufaula in March 2024, down by 56.3% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Eufaula, OK
How long does it take to sell a home in Eufaula, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 65 Days | +113.8% |
Summary: Homes in Eufaula had an average of 65 days on market in Mar 2024, up by 113.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Eufaula has remained consistent over time.
Summary: During March 2024, 7 homes were sold in Eufaula; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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