Is Love 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, Love County was a Buyer's Market.
Key Takeaway
Love County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Love County, OK
How much do homes in Love County, OK cost?
Median Sold Price
$217,500
$137/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Love County have sold for 17.9% more than they did a year ago.
Summary: The median home sold price in Love County was $217,500 in April 2024, up 17.9% from last year, and the median price per square foot was $137.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | $71K | +14.5% |
| 2 Bedrooms | $121.5K | $146.5K | +20.6% |
| 3 Bedrooms | $210K | $236K | +12.4% |
| 4 Bedrooms | $240K | $185K | -22.9% |
| 5+ Bedrooms | - | $605K | N/A |
Summary: Love County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 14.5%, 2 bedroom homes increased by 20.6%, 3 bedroom homes increased by 12.4%, 4 bedroom homes decreased by 22.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Love County | $184.5K | $217.5K | +17.9% |
| Marshall County | $230K | $260K | +13.0% |
| Carter County | $174.9K | $192.6K | +10.1% |
Housing Supply in Love County, OK
How many homes are available in Love County, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 42 | 40 | -4.8% |
Summary: The Love County real estate market had 40 homes for sale in April 2024, a 4.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 24 | 19 | -20.8% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Love County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20.8%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 8 | +60.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Love County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Love County in April 2024, up by 60.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Love County, OK
How long does it take to sell a home in Love County, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 79 Days | +17.9% |
Summary: Homes in Love County had an average of 79 days on market in Apr 2024, up by 17.9% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Love County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 8 homes were sold in Love County; 63% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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