Is Garvin County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Garvin County was a Seller's Market.
Housing Prices in Garvin County, OK
How much do homes in Garvin County, OK cost?
Median Sold Price
$185,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Garvin County was $185,000 in April 2024, up 18.4% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.2M | $748.5K | -41.3% |
2 Bedrooms | $84.7K | $100K | +18.0% |
3 Bedrooms | $162.5K | $193.5K | +19.1% |
4 Bedrooms | $245K | $257.5K | +5.1% |
5+ Bedrooms | $275K | $240K | -12.7% |
Summary: Garvin County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.3%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 12.7%.
Median Sold Price Compared To Nearby Counties
Garvin County | $156.2K | $185K | +18.4% |
Carter County | $174.9K | $192.6K | +10.1% |
McClain County | $282.3K | $298.6K | +5.8% |
Murray County | $170K | $159K | -6.5% |
Housing Supply in Garvin County, OK
How many homes are available in Garvin County, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
110 | 121 | +10.0% |
Summary: The Garvin County real estate market had 121 homes for sale in April 2024, a 10.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 19 | 27 | +42.1% |
3 Bedrooms | 73 | 74 | +1.4% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Garvin 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 42.1%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 15 | +7.1% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Garvin County in April 2024, up by 7.1% month-over-month. Of the 15 sold homes, 47% were sold under asking, 20% were sold at asking, and 33% were sold over asking.
Days on Market for Garvin County, OK
How long does it take to sell a home in Garvin County, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
54 Days | 109 Days | +100.6% |
Summary: Homes in Garvin County had an average of 109 days on market in Apr 2024, up by 100.6% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Garvin County; 47% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.