Is Murray County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Murray County has remained a Seller's Market.
Housing Prices in Murray County, OK
How much do homes in Murray County, OK cost?
Median Sold Price
$159,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Murray County was $159,000 in April 2024, down 6.5% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $167.5K | $49.9K | -70.2% |
2 Bedrooms | $130K | $94.5K | -27.3% |
3 Bedrooms | $170K | $199.5K | +17.4% |
4 Bedrooms | $238K | $235K | -1.3% |
5+ Bedrooms | $380K | $240K | -36.8% |
Summary: Murray County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 70.2%, 2 bedroom homes decreased by 27.3%, 3 bedroom homes increased by 17.4%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 36.8%.
Median Sold Price Compared To Nearby Counties
Garvin County | $156.2K | $185K | +18.4% |
Carter County | $174.9K | $192.6K | +10.1% |
Pontotoc County | $180.1K | $176.1K | -2.2% |
Murray County | $170K | $159K | -6.5% |
Housing Supply in Murray County, OK
How many homes are available in Murray County, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
57 | 67 | +17.5% |
Summary: The Murray County real estate market had 67 homes for sale in April 2024, a 17.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 9 | 14 | +55.6% |
3 Bedrooms | 39 | 39 | 0.0% |
4 Bedrooms | 7 | 10 | +42.9% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Murray County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 55.6%, 3 bedroom homes remained the same, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
9 | 16 | +77.8% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 16 homes were sold or pending in Murray County in April 2024, up by 77.8% month-over-month. Of the 16 sold homes, 69% were sold under asking, 25% were sold at asking, and 6% were sold over asking.
Days on Market for Murray County, OK
How long does it take to sell a home in Murray County, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 60 Days | +32.6% |
Summary: Homes in Murray County had an average of 60 days on market in Apr 2024, up by 32.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During April 2024, 16 homes were sold in Murray County; 56% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.