Is Seminole County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Seminole County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Seminole County has remained a Seller's Market.

Key Takeaway

Seminole County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Seminole County, OK

How much do homes in Seminole County, OK cost?

Median Sold Price

$127,000

$85/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$32,000(+33.7%)

Key Takeaway

Homes in Seminole County have sold for 33.7% more than they did a year ago.

Summary: The median home sold price in Seminole County was $127,000 in April 2024, up 33.7% from last year, and the median price per square foot was $85.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $32K$113K
+253.1%
2 $67.9K$68.7K
+1.3%
3 $111.7K$132K
+18.1%
4 $134.5K$200K
+48.7%
5+ $162K$360.5K
+122.5%

Summary: Seminole County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 253.1%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 48.7%, and 5+ bedroom homes increased by 122.5%.

Median Sold Price Compared To Nearby Counties

Hughes County
+76.0%
Seminole County
+33.7%
Pottawatomie County
+12.7%
Okfuskee County
-0.4%
Pontotoc County
-2.2%

Housing Supply in Seminole County, OK

How many homes are available in Seminole County, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
7687+14.5%

Summary: The Seminole County real estate market had 87 homes for sale in April 2024, a 14.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 812
+50.0%
3 5055
+10.0%
4 1314
+7.7%
5+ 45
+25.0%

Summary: The Seminole 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 50%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
719+171.4%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Seminole County, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Seminole County in April 2024, up by 171.4% month-over-month. Of the 19 sold homes, 58% were sold under asking, 16% were sold at asking, and 26% were sold over asking.

Days on Market for Seminole County, OK

How long does it take to sell a home in Seminole County, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
53 Days53 Days+1.8%

Summary: Homes in Seminole County had an average of 53 days on market in Apr 2024, up by 1.8% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Seminole County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 19 homes were sold in Seminole County; 68% of homes were sold within 30 days, 5% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Seminole County, OK

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