Is Sulphur, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Sulphur was a Seller's Market.
Housing Prices in Sulphur, OK
How much do homes in Sulphur, OK cost?
Median Sold Price
$168,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Sulphur was $168,000 in May 2024, up 1.8% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $132.4K | $49.9K | -62.3% |
2 Bedrooms | $125K | $110K | -12.0% |
3 Bedrooms | $175K | $210K | +20.0% |
4 Bedrooms | $189K | $212K | +12.2% |
5+ Bedrooms | $398.5K | $332.5K | -16.6% |
Summary: Sulphur housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.3%, 2 bedroom homes decreased by 12%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes decreased by 16.6%.
Housing Supply in Sulphur, OK
How many homes are available in Sulphur, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
43 | 38 | -11.6% |
Summary: The Sulphur real estate market had 38 homes for sale in May 2024, a 11.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 9 | -10.0% |
3 Bedrooms | 24 | 20 | -16.7% |
4 Bedrooms | 6 | 7 | +16.7% |
5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Sulphur housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
15 | 1 | -93.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Sulphur in May 2024, down by 93.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Sulphur, OK
How long does it take to sell a home in Sulphur, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
41 Days | 70 Days | +68.0% |
Summary: Homes in Sulphur had an average of 70 days on market in May 2024, up by 68% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Sulphur; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.