$772 Closing Credit*
$65,000
1,401 SqFt
4 Beds
•2 Full Baths
John H. Reynolds Jr, Listing Office: Fite & Reynolds Real Estate
Is Muskogee, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Muskogee has remained a Seller's Market.
Key Takeaway
Muskogee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muskogee, OK
How much do homes in Muskogee, OK cost?
Median Sold Price
$151,523
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$1,623(+1.1%)
Key Takeaway
Homes in Muskogee have sold for 1.1% more than they did a year ago.
Summary: The median home sold price in Muskogee was $151,523 in August 2024, up 1.1% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $147.4K | +49.0% |
| 2 Bedrooms | $78.5K | $80K | +1.9% |
| 3 Bedrooms | $158.1K | $158K | -0.1% |
| 4 Bedrooms | $185.6K | $242.5K | +30.6% |
| 5+ Bedrooms | $370K | $338K | -8.6% |
Summary: Muskogee housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes increased by 49%, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes increased by 30.6%, and 5+ bedroom homes decreased by 8.6%.
Median Sold Price Compared To Nearby Cities
| South Wagoner | $269.9K | $337.9K | +25.2% |
| Fort Gibson | $207.4K | $233K | +12.3% |
| Muskogee Southwest | $208K | $212.5K | +2.2% |
| Muskogee | $149.9K | $151.5K | +1.1% |
Housing Supply in Muskogee, OK
How many homes are available in Muskogee, OK?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 201 | 210 | +4.5% |
Summary: The Muskogee real estate market had 210 homes for sale in August 2024, a 4.5% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 33 | 38 | +15.2% |
| 3 Bedrooms | 115 | 118 | +2.6% |
| 4 Bedrooms | 41 | 43 | +4.9% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The Muskogee 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 increased by 15.2%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 29 | 41 | +41.4% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muskogee, you may be able to get a good deal. 56.1% of homes here sold below asking price last month.
Summary: A total of 41 homes were sold or pending in Muskogee in August 2024, up by 41.4% month-over-month. Of the 41 sold homes, 56% were sold under asking, 22% were sold at asking, and 22% were sold over asking.
Days on Market for Muskogee, OK
How long does it take to sell a home in Muskogee, OK?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 32 Days | 33 Days | +3.6% |
Summary: Homes in Muskogee had an average of 33 days on market in Aug 2024, up by 3.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Muskogee are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 41 homes were sold in Muskogee; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.
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