Is Muskogee, 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, Muskogee has remained a Seller's Market.
Key Takeaway
Muskogee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Muskogee, OK
How much do homes in Muskogee, OK cost?
Median Sold Price
$148,086
$104/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Muskogee have sold for 3.4% more than they did a year ago.
Summary: The median home sold price in Muskogee was $148,086 in April 2024, up 3.4% from last year, and the median price per square foot was $104.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $57.2K | $97.5K | +70.3% |
| 2 Bedrooms | $60K | $75K | +25.0% |
| 3 Bedrooms | $149.6K | $153.8K | +2.8% |
| 4 Bedrooms | $214.9K | $225K | +4.7% |
| 5+ Bedrooms | $293.5K | $460K | +56.7% |
Summary: Muskogee housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 70.3%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes increased by 56.7%.
Median Sold Price Compared To Nearby Cities
| Muskogee | $143.1K | $148K | +3.4% |
| Muskogee Southwest | $230.7K | $235K | +1.8% |
Housing Supply in Muskogee, OK
How many homes are available in Muskogee, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 159 | 183 | +15.1% |
Summary: The Muskogee real estate market had 183 homes for sale in April 2024, a 15.1% 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 | 28 | 33 | +17.9% |
| 3 Bedrooms | 93 | 103 | +10.8% |
| 4 Bedrooms | 31 | 39 | +25.8% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
Summary: The Muskogee 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 17.9%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 25.8%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 30 | 47 | +56.7% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Muskogee, you may be able to get a good deal. 44.7% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in Muskogee in April 2024, up by 56.7% month-over-month. Of the 47 sold homes, 45% were sold under asking, 38% were sold at asking, and 17% were sold over asking.
Days on Market for Muskogee, OK
How long does it take to sell a home in Muskogee, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 34 Days | 40 Days | +16.7% |
Summary: Homes in Muskogee had an average of 40 days on market in Apr 2024, up by 16.7% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Muskogee are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 47 homes were sold in Muskogee; 62% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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