Is Murray 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, Murray County was a Seller's Market.
Housing Prices in Murray County, OK
How much do homes in Murray County, OK cost?
Median Sold Price
$157,000
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Murray County was $157,000 in March 2024, down 12.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $49.9K | -70.2% |
2 Bedrooms | $135K | $93.2K | -30.9% |
3 Bedrooms | $175K | $197K | +12.6% |
4 Bedrooms | $238K | $172.5K | -27.5% |
5+ Bedrooms | $380K | $180K | -52.6% |
Summary: Murray County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.2%, 2 bedroom homes decreased by 30.9%, 3 bedroom homes increased by 12.6%, 4 bedroom homes decreased by 27.5%, and 5+ bedroom homes decreased by 52.6%.
Median Sold Price Compared To Nearby Counties
Garvin County | $153.3K | $189K | +23.3% |
Carter County | $169.2K | $189.5K | +12.0% |
Pontotoc County | $175.9K | $181.7K | +3.3% |
Johnston County | $144.7K | $137.8K | -4.8% |
Murray County | $180K | $157K | -12.8% |
Housing Supply in Murray County, OK
How many homes are available in Murray County, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 55 | +3.8% |
Summary: The Murray County real estate market had 55 homes for sale in March 2024, a 3.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 13 | 10 | -23.1% |
3 Bedrooms | 32 | 37 | +15.6% |
4 Bedrooms | 6 | 6 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Murray County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 15.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 6 homes were sold or pending in Murray County in March 2024, up by 20.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Murray County, OK
How long does it take to sell a home in Murray County, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
50 Days | 60 Days | +19.5% |
Summary: Homes in Murray County had an average of 60 days on market in Mar 2024, up by 19.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During March 2024, 6 homes were sold in Murray County; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.