Is Cordell, 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, Cordell was a Seller's Market.
Housing Prices in Cordell, OK
How much do homes in Cordell, OK cost?
Median Sold Price
$129,000
$76/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Cordell was $129,000 in May 2024, up 35.8% from last year, and the median price per square foot was $76.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $12K | N/A |
2 Bedrooms | $65K | $76K | +16.9% |
3 Bedrooms | $90K | $129K | +43.3% |
4 Bedrooms | $106.4K | $290K | +172.4% |
5+ Bedrooms | - | - | N/A |
Summary: Cordell housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 43.3%, 4 bedroom homes increased by 172.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
New Cordell | $85K | $122K | +43.5% |
Cordell | $95K | $129K | +35.8% |
Central Washita | $95K | $129K | +35.8% |
Housing Supply in Cordell, OK
How many homes are available in Cordell, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
26 | 25 | -3.8% |
Summary: The Cordell real estate market had 25 homes for sale in May 2024, a 3.8% decrease 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 | 7 | 7 | 0.0% |
3 Bedrooms | 15 | 14 | -6.7% |
4 Bedrooms | 4 | 4 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cordell 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 remained the same, 3 bedroom homes decreased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 3 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Cordell in May 2024, the same as the previous 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 Cordell, OK
How long does it take to sell a home in Cordell, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
149 Days | 72 Days | -51.4% |
Summary: Homes in Cordell had an average of 72 days on market in May 2024, down by 51.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Cordell; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.