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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Washita County is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, Washita County has remained a Seller's Market.

Key Takeaway

Washita County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Washita County, OK cost?

Median Sold Price

$98,500

$69/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

-$15,500(-13.6%)

Key Takeaway

Homes in Washita County have sold for 13.6% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $68K-
N/A
2 $58K$58K
0.0%
3 $130K$102.5K
-21.2%
4 $200K$131.5K
-34.3%
5+ $115K$212.2K
+84.6%

Median Sold Price Compared To Nearby Counties

Custer County
-2.5%
Caddo County
-2.7%
Washita County
-13.6%
Kiowa County
-21.1%

How many homes are available in Washita County, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
5141-19.6%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 00
0.0%
2 74
-42.9%
3 2421
-12.5%
4 1814
-22.2%
5+ 22
0.0%

Number of Homes Sold

Jan 2023Feb 2023%
89+12.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Washita County, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
123 Days79 Days-35.6%

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Washita County are taking a long time to sell, it's a good idea to negotiate on homes here.

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

About Washita County, OK

Washita County, OK has 41 homes for sale to choose from. Between January 2023 and February 2023, Washita County, OK real estate market has seen decrease in the number of listings by 19.6%. While the average time on the market in February 2023 was 79 days, the median list price was $98,500. Between January 2023 and February 2023, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 0% more expensive, 2 bedrooms properties prices did not change, 3 bedrooms properties became 21.2% more cheaper, prices of 4 bedrooms properties went down by 34.3%, prices of 5 bedrooms properties increased by 84.6%. This housing market inventory have changed: volume of 1 bedroom homes stayed the same, volume of 2 bedrooms homes went down by 42.9%, volume of 3 bedrooms homes went down by 12.5%, number of 4 bedrooms homes decreased by 22.2%, the quantity of 5 bedrooms homes have not changed. In February 2023, from all listings sold in Washita County, OK there were more than 2 sold above asking price, over 7 sold below and more than 0 were sold right at the asked price.

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