Is Muskogee, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Muskogee is a seller's market

Buyer's
Market

Difference Since February 2022

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.

How much do homes in Muskogee, OK cost?

Median Sold Price

$136,393

$97/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$11,826(+9.5%)

Key Takeaway

Homes in Muskogee have sold for 9.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 -$15K
N/A
2 $64.9K$56.1K
-13.5%
3 $129.9K$141K
+8.5%
4 $181.7K$221K
+21.6%
5+ $189K$312K
+65.1%

Median Sold Price Compared To Nearby Cities

Fort Gibson
+19.1%
Muskogee
+9.5%

How many homes are available in Muskogee, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
142151+6.3%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 2227
+22.7%
3 8487
+3.6%
4 2727
0.0%
5+ 910
+11.1%

Number of Homes Sold

Jan 2023Feb 2023%
2926-10.3%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Muskogee, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
35 Days27 Days-20.8%

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Muskogee 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 Muskogee, OK

Muskogee, OK has 151 homes for sale to choose from. The inventory of homes for sale in Muskogee, OK between January 2023 and February 2023 increased by 6.3%. In February 2023 median list price was $136,393 and the average listing age was 27 days. From January 2023 through February 2023, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 0%, 2 bedrooms properties prices decreased by 13.5%, prices of 3 bedrooms properties increased by 8.5%, prices of 4 bedrooms properties went up by 21.6%, 5 bedrooms properties became 65.1% more expensive. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, 2 bedrooms homes inventory increased by 22.7%, volume of 3 bedrooms homes went up by 3.6%, 4 bedrooms homes did not move, 5 bedrooms homes inventory increased by 11.1%. In February 2023, from all listings sold in Muskogee, OK there were more than 3 sold above asking price, over 14 sold below and more than 9 were sold right at the asked price.

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