Is Sequoyah 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, Sequoyah County was a Seller's Market.
Key Takeaway
Sequoyah County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Sequoyah County, OK
How much do homes in Sequoyah County, OK cost?
Median Sold Price
$179,950
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sequoyah County have sold for 2.9% less than they did a year ago.
Summary: The median home sold price in Sequoyah County was $179,950 in March 2024, down 2.9% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $141.5K | $140K | -1.1% |
| 2 Bedrooms | $165K | $137K | -17.0% |
| 3 Bedrooms | $160K | $187.2K | +17.0% |
| 4 Bedrooms | $285K | $230K | -19.3% |
| 5+ Bedrooms | - | $340K | N/A |
Summary: Sequoyah County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.1%, 2 bedroom homes decreased by 17%, 3 bedroom homes increased by 17%, 4 bedroom homes decreased by 19.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Haskell County | $200K | $199K | -0.5% |
| Sequoyah County | $185.4K | $179.9K | -2.9% |
Housing Supply in Sequoyah County, OK
How many homes are available in Sequoyah County, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 68 | 75 | +10.3% |
Summary: The Sequoyah County real estate market had 75 homes for sale in March 2024, a 10.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 3 | +100.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 38 | 40 | +5.3% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Sequoyah County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 1 | 11 | +1000.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sequoyah County, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in Sequoyah County in March 2024, up by 1000.0% month-over-month. Of the 11 sold homes, 55% were sold under asking, 18% were sold at asking, and 27% were sold over asking.
Days on Market for Sequoyah County, OK
How long does it take to sell a home in Sequoyah County, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 103 Days | +107.8% |
Summary: Homes in Sequoyah County had an average of 103 days on market in Mar 2024, up by 107.8% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Sequoyah County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 11 homes were sold in Sequoyah County; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
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Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 