Is Craig County, 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, Craig County was a Seller's Market.
Key Takeaway
Craig County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Craig County, OK
How much do homes in Craig County, OK cost?
Median Sold Price
$155,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Craig County have sold for 18% less than they did a year ago.
Summary: The median home sold price in Craig County was $155,000 in May 2024, down 18% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $122.5K | $106K | -13.5% |
| 2 Bedrooms | $57.5K | $98.2K | +70.8% |
| 3 Bedrooms | $165K | $155K | -6.1% |
| 4 Bedrooms | $249.1K | $242.5K | -2.7% |
| 5+ Bedrooms | $225K | $122.4K | -45.6% |
Summary: Craig County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.5%, 2 bedroom homes increased by 70.8%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 45.6%.
Median Sold Price Compared To Nearby Counties
| Nowata County | $104.3K | $136.5K | +30.8% |
| Mayes County | $198.2K | $220K | +11.0% |
| Craig County | $189K | $155K | -18.0% |
| Ottawa County | $370K | $275K | -25.7% |
Housing Supply in Craig County, OK
How many homes are available in Craig County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 41 | 40 | -2.4% |
Summary: The Craig County real estate market had 40 homes for sale in May 2024, a 2.4% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 21 | 23 | +9.5% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Craig County 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 33.3%, 3 bedroom homes increased by 9.5%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Craig County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Craig County in May 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Craig County, OK
How long does it take to sell a home in Craig County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 24 Days | 29 Days | +19.9% |
Summary: Homes in Craig County had an average of 29 days on market in May 2024, up by 19.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Craig County has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Craig County; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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