Is Sulphur, 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, Sulphur was a Seller's Market.
Key Takeaway
Sulphur is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sulphur, OK
How much do homes in Sulphur, OK cost?
Median Sold Price
$155,000
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sulphur have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Sulphur was $155,000 in March 2024, up 3.4% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $49.9K | -70.2% |
| 2 Bedrooms | $128.5K | $95K | -26.1% |
| 3 Bedrooms | $167.5K | $197K | +17.6% |
| 4 Bedrooms | $118.4K | $146.2K | +23.5% |
| 5+ Bedrooms | $398.5K | $240K | -39.8% |
Summary: Sulphur housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.2%, 2 bedroom homes decreased by 26.1%, 3 bedroom homes increased by 17.6%, 4 bedroom homes increased by 23.5%, and 5+ bedroom homes decreased by 39.8%.
Median Sold Price Compared To Nearby Cities
| Sulphur | $149.9K | $155K | +3.4% |
| East Murray | $167.5K | $148K | -11.6% |
Housing Supply in Sulphur, OK
How many homes are available in Sulphur, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 40 | +14.3% |
Summary: The Sulphur real estate market had 40 homes for sale in March 2024, a 14.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 10 | 7 | -30.0% |
| 3 Bedrooms | 19 | 27 | +42.1% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Sulphur 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 decreased by 30%, 3 bedroom homes increased by 42.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 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 Sulphur, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Sulphur in March 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Sulphur, OK
How long does it take to sell a home in Sulphur, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 56 Days | 64 Days | +14.2% |
Summary: Homes in Sulphur had an average of 64 days on market in Mar 2024, up by 14.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sulphur are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Sulphur; 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.
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