Is Fort Gibson, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Fort Gibson is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Fort Gibson, OK

How much do homes in Fort Gibson, OK cost?

Median Sold Price

$233,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$25,550(+12.3%)

Key Takeaway

Homes in Fort Gibson have sold for 12.3% more than they did a year ago.

Summary: The median home sold price in Fort Gibson was $233,000 in August 2024, up 12.3% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $132.5K$129.9K
-2.0%
3 $199.4K$223K
+11.8%
4 $315K$457.5K
+45.2%
5+ $299.9K$350K
+16.7%

Summary: Fort Gibson housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 45.2%, and 5+ bedroom homes increased by 16.7%.

Median Sold Price Compared To Nearby Cities

Fort Gibson
+12.3%
Muskogee
+1.1%

Housing Supply in Fort Gibson, OK

How many homes are available in Fort Gibson, OK?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
30300.0%

Summary: The Fort Gibson real estate market had 30 homes for sale in August 2024, the same as July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 77
0.0%
3 1719
+11.8%
4 43
-25.0%
5+ 10
-100.0%

Summary: The Fort Gibson housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.8%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
660.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Fort Gibson, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 6 homes were sold or pending in Fort Gibson in August 2024, the same as the previous month. Of the 6 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.

Days on Market for Fort Gibson, OK

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

Average Sale Time

Aug 2023Aug 2024CHANGE
54 Days62 Days+14.6%

Summary: Homes in Fort Gibson had an average of 62 days on market in Aug 2024, up by 14.6% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Fort Gibson has remained consistent over time.

Summary: During August 2024, 6 homes were sold in Fort Gibson; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% 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 18 Days Ago

Newest Listings in Fort Gibson, OK

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