Is Garvin County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Garvin County has remained a Neutral Market.
Housing Prices in Garvin County, OK
How much do homes in Garvin County, OK cost?
Median Sold Price
$181,500
$105/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Garvin County was $181,500 in February 2024, up 17.1% from last year, and the median price per square foot was $105.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $682.5K | $748.5K | +9.7% |
2 Bedrooms | $78K | $90.6K | +16.2% |
3 Bedrooms | $155K | $192K | +23.9% |
4 Bedrooms | $245K | $255K | +4.1% |
5+ Bedrooms | $335K | $1.3M | +294.2% |
Summary: Garvin County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 23.9%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 294.2%.
Median Sold Price Compared To Nearby Counties
Garvin County | $155K | $181.5K | +17.1% |
Carter County | $169.2K | $190K | +12.3% |
McClain County | $276.4K | $299.9K | +8.5% |
Murray County | $179.9K | $155K | -13.8% |
Housing Supply in Garvin County, OK
How many homes are available in Garvin County, OK?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
102 | 108 | +5.9% |
Summary: The Garvin County real estate market had 108 homes for sale in February 2024, a 5.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 21 | 23 | +9.5% |
3 Bedrooms | 58 | 63 | +8.6% |
4 Bedrooms | 19 | 18 | -5.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Garvin County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 8.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
14 | 18 | +28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Garvin County in February 2024, up by 28.6% month-over-month. Of the 18 sold homes, 44% were sold under asking, 28% were sold at asking, and 28% were sold over asking.
Days on Market for Garvin County, OK
How long does it take to sell a home in Garvin County, OK?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
81 Days | 52 Days | -35.9% |
Summary: Homes in Garvin County had an average of 52 days on market in Feb 2024, down by 35.9% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During February 2024, 18 homes were sold in Garvin County; 39% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.