$50,000
2.55 Acres
Land
Jacob Capps, Listing Office: Chinowth & Cohen
Is Muskogee Southwest, 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 Southwest has remained a Seller's Market.
Key Takeaway
Muskogee Southwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muskogee Southwest, OK
How much do homes in Muskogee Southwest, OK cost?
Median Sold Price
$212,500
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$4,500(+2.2%)
Key Takeaway
Homes in Muskogee Southwest have sold for 2.2% more than they did a year ago.
Summary: The median home sold price in Muskogee Southwest was $212,500 in August 2024, up 2.2% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $315.5K | N/A |
| 3 Bedrooms | $163.9K | $212.5K | +29.7% |
| 4 Bedrooms | $267.4K | $200K | -25.2% |
| 5+ Bedrooms | - | $440K | N/A |
Summary: Muskogee Southwest housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 29.7%, 4 bedroom homes decreased by 25.2%, and 5+ bedroom homes did not change.
Housing Supply in Muskogee Southwest, OK
How many homes are available in Muskogee Southwest, OK?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Muskogee Southwest real estate market had 17 homes for sale in August 2024, the same as July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 13 | 12 | -7.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Muskogee Southwest 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 remained the same, 3 bedroom homes decreased by 7.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muskogee Southwest, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Muskogee Southwest in August 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Muskogee Southwest, OK
How long does it take to sell a home in Muskogee Southwest, OK?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 55 Days | 11 Days | -79.3% |
Summary: Homes in Muskogee Southwest had an average of 11 days on market in Aug 2024, down by 79.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Muskogee Southwest are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 4 homes were sold in Muskogee Southwest; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
