Is Pottawatomie County, 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, Pottawatomie County has remained a Seller's Market.
Key Takeaway
Pottawatomie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pottawatomie County, OK
How much do homes in Pottawatomie County, OK cost?
Median Sold Price
$199,919
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Pottawatomie County have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in Pottawatomie County was $199,919 in May 2024, up 9.1% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | $130K | +46.1% |
| 2 Bedrooms | $86.8K | $91.2K | +5.1% |
| 3 Bedrooms | $184.9K | $199.9K | +8.1% |
| 4 Bedrooms | $250K | $285K | +14.0% |
| 5+ Bedrooms | $335K | $325.3K | -2.9% |
Summary: Pottawatomie County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.1%, 2 bedroom homes increased by 5.1%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 2.9%.
Median Sold Price Compared To Nearby Counties
| Seminole County | $99.9K | $130K | +30.1% |
| Pottawatomie County | $183.3K | $199.9K | +9.1% |
| Okfuskee County | $135K | $139.5K | +3.3% |
| Cleveland County | $249.1K | $250.8K | +0.7% |
| Pontotoc County | $179.8K | $175K | -2.7% |
Housing Supply in Pottawatomie County, OK
How many homes are available in Pottawatomie County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 337 | 348 | +3.3% |
Summary: The Pottawatomie County real estate market had 348 homes for sale in May 2024, a 3.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 4 | -20.0% |
| 2 Bedrooms | 46 | 45 | -2.2% |
| 3 Bedrooms | 205 | 206 | 0.5% |
| 4 Bedrooms | 66 | 71 | +7.6% |
| 5+ Bedrooms | 15 | 22 | +46.7% |
Summary: The Pottawatomie County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 20%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 7.6%, and 5+ bedroom homes increased by 46.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 67 | 84 | +25.4% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pottawatomie County, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.
Summary: A total of 84 homes were sold or pending in Pottawatomie County in May 2024, up by 25.4% month-over-month. Of the 84 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.
Days on Market for Pottawatomie County, OK
How long does it take to sell a home in Pottawatomie County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 38 Days | +21.0% |
Summary: Homes in Pottawatomie County had an average of 38 days on market in May 2024, up by 21% compared to last year.
Breakdown of Home Sale Times
50 Homes Were Sold
Under 30 Days
23 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pottawatomie County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 84 homes were sold in Pottawatomie County; 60% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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