Is Hughes County, 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, Hughes County was a Seller's Market.
Housing Prices in Hughes County, OK
How much do homes in Hughes County, OK cost?
Median Sold Price
$145,906
$83/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Hughes County was $145,906 in March 2024, up 85.9% from last year, and the median price per square foot was $83.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $13K | N/A |
2 Bedrooms | $44K | $85K | +93.2% |
3 Bedrooms | $82.5K | $128K | +55.2% |
4 Bedrooms | $280K | $235K | -16.1% |
5+ Bedrooms | $55K | $279K | +407.3% |
Summary: Hughes County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 93.2%, 3 bedroom homes increased by 55.2%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 407.3%.
Median Sold Price Compared To Nearby Counties
Hughes County | $78.5K | $145.9K | +85.9% |
Seminole County | $93.7K | $120.7K | +28.7% |
Pontotoc County | $175.9K | $181.7K | +3.3% |
Housing Supply in Hughes County, OK
How many homes are available in Hughes County, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
44 | 49 | +11.4% |
Summary: The Hughes County real estate market had 49 homes for sale in March 2024, a 11.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 15 | 13 | -13.3% |
3 Bedrooms | 22 | 24 | +9.1% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Hughes County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
3 | 5 | +66.7% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 5 homes were sold or pending in Hughes County in March 2024, up by 66.7% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Hughes County, OK
How long does it take to sell a home in Hughes County, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
70 Days | 59 Days | -16.4% |
Summary: Homes in Hughes County had an average of 59 days on market in Mar 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 5 homes were sold in Hughes County; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.