Is Love County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Love County is a neutral's market

Buyer's
Market

Difference Since February 2022

At the same time last year, Love County was a Seller's Market.

Key Takeaway

Love County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

How much do homes in Love County, OK cost?

Median Sold Price

$188,000

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

-$19,500(-9.4%)

Key Takeaway

Homes in Love County have sold for 9.4% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $50K$55K
+10.0%
2 $114K$122.2K
+7.2%
3 $220K$230K
+4.5%
4 $205K$226.5K
+10.5%
5+ $1.0M-
N/A

Median Sold Price Compared To Nearby Counties

Marshall County
+19.6%
Carter County
0.2%
Love County
-9.4%

How many homes are available in Love County, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
3436+5.9%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 11
0.0%
2 55
0.0%
3 2423
-4.2%
4 35
+66.7%
5+ 12
+100.0%

Number of Homes Sold

Jan 2023Feb 2023%
56+20.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Love County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
4 Days43 Days+858.9%

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Love County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Love County, OK

There are 36 homes are for sale in Love County, OK real estate market. The inventory of homes for sale in Love County, OK between January 2023 and February 2023 increased by 5.9%. The median list price of listings available in February 2023 was $188,000, while the average time on the real estate market was 43 days. This housing market listing prices have changed between January 2023 and February 2023: 1 bedroom properties became 10% more expensive, prices of 2 bedrooms properties increased by 7.2%, prices of 3 bedrooms properties increased by 4.5%, prices of 4 bedrooms properties went up by 10.5%, the cost of 5 bedrooms properties went up by 0%. Volume of homes for sale changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes stayed the same, the quantity of 3 bedrooms homes went down by 4.2%, 4 bedrooms homes became 66.7% more available, 5 bedrooms homes inventory increased by 100%. Over 1 listings were sold over their listed price in February 2023 in Love County, OK. In the same period over 4 listings were sold below the listed price and 1 listings were sold for the listed price.

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