Is Seminole 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, Seminole County was a Seller's Market.
Key Takeaway
Seminole County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Seminole County, OK
How much do homes in Seminole County, OK cost?
Median Sold Price
$120,700
$86/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Seminole County have sold for 28.7% more than they did a year ago.
Summary: The median home sold price in Seminole County was $120,700 in March 2024, up 28.7% from last year, and the median price per square foot was $86.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $31K | $113K | +264.5% |
| 2 Bedrooms | $67.9K | $68.7K | +1.3% |
| 3 Bedrooms | $104.6K | $131K | +25.2% |
| 4 Bedrooms | $134.5K | $215K | +59.9% |
| 5+ Bedrooms | $252K | $281K | +11.5% |
Summary: Seminole County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 264.5%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 25.2%, 4 bedroom homes increased by 59.9%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Counties
| Hughes County | $78.5K | $145.9K | +85.9% |
| Seminole County | $93.7K | $120.7K | +28.7% |
| Pottawatomie County | $179K | $198.7K | +11.0% |
| Pontotoc County | $175.9K | $181.7K | +3.3% |
Housing Supply in Seminole County, OK
How many homes are available in Seminole County, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 74 | 80 | +8.1% |
Summary: The Seminole County real estate market had 80 homes for sale in March 2024, a 8.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 45 | 51 | +13.3% |
| 4 Bedrooms | 14 | 13 | -7.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Seminole 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 increased by 11.1%, 3 bedroom homes increased by 13.3%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 7 | -12.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Seminole County, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Seminole County in March 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.
Days on Market for Seminole County, OK
How long does it take to sell a home in Seminole County, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 30 Days | 50 Days | +65.7% |
Summary: Homes in Seminole County had an average of 50 days on market in Mar 2024, up by 65.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Seminole County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 7 homes were sold in Seminole County; 57% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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