Is Southeast Osage, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Southeast Osage has remained a Seller's Market.
Housing Prices in Southeast Osage, OK
How much do homes in Southeast Osage, OK cost?
Median Sold Price
$275,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Southeast Osage was $275,000 in May 2024, up 6% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $40K | -38.5% |
2 Bedrooms | $167.9K | $132.5K | -21.1% |
3 Bedrooms | $236K | $238.5K | +1.1% |
4 Bedrooms | $321K | $360.5K | +12.3% |
5+ Bedrooms | $387.3K | $575K | +48.4% |
Summary: Southeast Osage housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes decreased by 21.1%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 48.4%.
Housing Supply in Southeast Osage, OK
How many homes are available in Southeast Osage, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
104 | 111 | +6.7% |
Summary: The Southeast Osage real estate market had 111 homes for sale in May 2024, a 6.7% increase 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 | 9 | +50.0% |
3 Bedrooms | 52 | 56 | +7.7% |
4 Bedrooms | 36 | 35 | -2.8% |
5+ Bedrooms | 10 | 11 | +10.0% |
Summary: The Southeast Osage 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 increased by 50%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes increased by 10%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 26 | +36.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in Southeast Osage in May 2024, up by 36.8% month-over-month. Of the 26 sold homes, 54% were sold under asking, 27% were sold at asking, and 19% were sold over asking.
Days on Market for Southeast Osage, OK
How long does it take to sell a home in Southeast Osage, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
22 Days | 30 Days | +32.6% |
Summary: Homes in Southeast Osage had an average of 30 days on market in May 2024, up by 32.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 26 homes were sold in Southeast Osage; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.