Is Seminole County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seminole County is a buyer's market

Buyer's
Market

Difference Since September 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

$134,950

$87/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$31,625(+30.6%)

Key Takeaway

Homes in Seminole County have sold for 30.6% more than they did a year ago.

Summary: The median home sold price in Seminole County was $134,950 in September 2024, up 30.6% from last year, and the median price per square foot was $87.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $113K$34.9K
-69.1%
2 $70K$66.7K
-4.7%
3 $106.7K$147K
+37.7%
4 $130K$130K
0.0%
5+ $281K$440K
+56.6%

Summary: Seminole County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.1%, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 37.7%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 56.6%.

Median Sold Price Compared To Nearby Counties

Seminole County
+30.6%
Hughes County
+19.6%
Pontotoc County
+15.3%
Pottawatomie County
+7.9%
Okfuskee County
0.0%

Housing Supply in Seminole County, OK

How many homes are available in Seminole County, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9087-3.3%

Summary: The Seminole County real estate market had 87 homes for sale in September 2024, a 3.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 10
-100.0%
2 128
-33.3%
3 6064
+6.7%
4 118
-27.3%
5+ 67
+16.7%

Summary: The Seminole County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
159-40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seminole County, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Seminole County in September 2024, down by 40.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% 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

Sep 2023Sep 2024CHANGE
49 Days58 Days+17.9%

Summary: Homes in Seminole County had an average of 58 days on market in Sep 2024, up by 17.9% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seminole County are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 9 homes were sold in Seminole 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Sep 1, 2024

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