Is Chickasha, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Chickasha was a Seller's Market.
Key Takeaway
Chickasha 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 Chickasha, OK
How much do homes in Chickasha, OK cost?
Median Sold Price
$135,000
$93/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Chickasha have sold for 1.5% less than they did a year ago.
Summary: The median home sold price in Chickasha was $135,000 in May 2024, down 1.5% from last year, and the median price per square foot was $93.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $20K | -60.0% |
| 2 Bedrooms | $60K | $75K | +25.0% |
| 3 Bedrooms | $150K | $148K | -1.3% |
| 4 Bedrooms | $205K | $210.5K | +2.7% |
| 5+ Bedrooms | $125K | $132.5K | +6.0% |
Summary: Chickasha housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 60%, 2 bedroom homes increased by 25%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 2.7%, and 5+ bedroom homes increased by 6%.
Median Sold Price Compared To Nearby Cities
| Chickasha | $137K | $135K | -1.5% |
| Amber-Pocasset | $314.7K | $305K | -3.1% |
| Ninnekah | $185K | $178.1K | -3.7% |
Housing Supply in Chickasha, OK
How many homes are available in Chickasha, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 113 | 123 | +8.8% |
Summary: The Chickasha real estate market had 123 homes for sale in May 2024, a 8.8% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 16 | -20.0% |
| 3 Bedrooms | 71 | 78 | +9.9% |
| 4 Bedrooms | 17 | 24 | +41.2% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Chickasha housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 41.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 21 | 20 | -4.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Chickasha, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in Chickasha in May 2024, down by 4.8% month-over-month. Of the 20 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% were sold over asking.
Days on Market for Chickasha, OK
How long does it take to sell a home in Chickasha, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 22 Days | 46 Days | +109.5% |
Summary: Homes in Chickasha had an average of 46 days on market in May 2024, up by 109.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chickasha are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 20 homes were sold in Chickasha; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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