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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Beckham County is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Beckham County, OK

How much do homes in Beckham County, OK cost?

Median Sold Price

$153,000

$99/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$4,083(-2.6%)

Key Takeaway

Homes in Beckham County have sold for 2.6% less than they did a year ago.

Summary: The median home sold price in Beckham County was $153,000 in April 2024, down 2.6% from last year, and the median price per square foot was $99.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $11K$32.2K
+192.7%
2 $70K$67.5K
-3.6%
3 $160K$157.5K
-1.6%
4 $204K$250K
+22.5%
5+ $280K$335K
+19.6%

Summary: Beckham County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 192.7%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 22.5%, and 5+ bedroom homes increased by 19.6%.

Median Sold Price Compared To Nearby Counties

Washita County
+34.7%
Beckham County
-2.6%
Greer County
-10.4%

Housing Supply in Beckham County, OK

How many homes are available in Beckham County, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
132136+3.0%

Summary: The Beckham County real estate market had 136 homes for sale in April 2024, a 3.0% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 55
0.0%
2 2831
+10.7%
3 6667
+1.5%
4 3130
-3.2%
5+ 23
+50.0%

Summary: The Beckham County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1724+41.2%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Beckham County, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Beckham County in April 2024, up by 41.2% month-over-month. Of the 24 sold homes, 75% were sold under asking, 8% were sold at asking, and 17% were sold over asking.

Days on Market for Beckham County, OK

How long does it take to sell a home in Beckham County, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
117 Days84 Days-28.1%

Summary: Homes in Beckham County had an average of 84 days on market in Apr 2024, down by 28.1% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 24 homes were sold in Beckham County; 42% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 38% 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 4 Days Ago

Newest Listings in Beckham County, OK

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