Is Sapulpa, 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, Sapulpa has remained a Seller's Market.
Key Takeaway
Sapulpa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sapulpa, OK
How much do homes in Sapulpa, OK cost?
Median Sold Price
$205,200
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sapulpa have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Sapulpa was $205,200 in May 2024, up 2.6% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $78K | -66.1% |
| 2 Bedrooms | $122.5K | $115.5K | -5.7% |
| 3 Bedrooms | $202K | $205K | +1.5% |
| 4 Bedrooms | $275.2K | $320K | +16.3% |
| 5+ Bedrooms | $315K | $380K | +20.6% |
Summary: Sapulpa housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 66.1%, 2 bedroom homes decreased by 5.7%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 16.3%, and 5+ bedroom homes increased by 20.6%.
Housing Supply in Sapulpa, OK
How many homes are available in Sapulpa, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 120 | 132 | +10.0% |
Summary: The Sapulpa real estate market had 132 homes for sale in May 2024, a 10.0% increase 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 | 13 | +30.0% |
| 3 Bedrooms | 72 | 75 | +4.2% |
| 4 Bedrooms | 26 | 29 | +11.5% |
| 5+ Bedrooms | 11 | 14 | +27.3% |
Summary: The Sapulpa 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 30%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 27.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 30 | 0.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sapulpa, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in Sapulpa in May 2024, the same as the previous month. Of the 30 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Sapulpa, OK
How long does it take to sell a home in Sapulpa, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 12 Days | 13 Days | +8.6% |
Summary: Homes in Sapulpa had an average of 13 days on market in May 2024, up by 8.6% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Sapulpa are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 30 homes were sold in Sapulpa; 87% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
