Is Tuttle, 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, Tuttle was a Buyer's Market.
Key Takeaway
Tuttle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Tuttle, OK
How much do homes in Tuttle, OK cost?
Median Sold Price
$330,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Tuttle have sold for 5.1% more than they did a year ago.
Summary: The median home sold price in Tuttle was $330,000 in May 2024, up 5.1% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199K | $203.5K | +2.3% |
| 2 Bedrooms | $165K | $165K | 0.0% |
| 3 Bedrooms | $308K | $311K | +1.0% |
| 4 Bedrooms | $358.7K | $388K | +8.1% |
| 5+ Bedrooms | $533.7K | $362.4K | -32.1% |
Summary: Tuttle housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.3%, 2 bedroom homes did not change, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 32.1%.
Median Sold Price Compared To Nearby Cities
| Newcastle-Blanchard | $281.2K | $297K | +5.6% |
| Tuttle | $314K | $330K | +5.1% |
| East Canadian | $275K | $279.2K | +1.5% |
| Oklahoma City | $248.9K | $250K | 0.4% |
| Newcastle | $280K | $279.7K | -0.1% |
Housing Supply in Tuttle, OK
How many homes are available in Tuttle, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 83 | 89 | +7.2% |
Summary: The Tuttle real estate market had 89 homes for sale in May 2024, a 7.2% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 53 | 53 | 0.0% |
| 4 Bedrooms | 27 | 32 | +18.5% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Tuttle 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 22 | +29.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Tuttle, expect to pay close to the asking price. 63.6% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Tuttle in May 2024, up by 29.4% month-over-month. Of the 22 sold homes, 27% were sold under asking, 64% were sold at asking, and 9% were sold over asking.
Days on Market for Tuttle, OK
How long does it take to sell a home in Tuttle, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 42 Days | 75 Days | +75.7% |
Summary: Homes in Tuttle had an average of 75 days on market in May 2024, up by 75.7% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Tuttle are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 22 homes were sold in Tuttle; 41% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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