Is Adair, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Adair is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Adair was a Neutral Market.

Key Takeaway

Adair is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Adair, OK

How much do homes in Adair, OK cost?

Median Sold Price

$298,750

$196/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$98,750(+49.4%)

Key Takeaway

Homes in Adair have sold for 49.4% more than they did a month ago.

Summary: The median home sold price in Adair was $298,750 in October 2024, up 49.4% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $200K$239K
+19.5%
3 $246.5K$257.5K
+4.5%
4 -$120K
N/A
5+ -$2.2M
N/A

Summary: Adair housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.5%, 3 bedroom homes increased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Adair, OK

How many homes are available in Adair, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2123+9.5%

Summary: The Adair real estate market had 23 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 913
+44.4%
4 54
-20.0%
5+ 44
0.0%

Summary: The Adair housing inventory by bedroom type for October 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 44.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
36+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Adair, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Adair in October 2024, up by 100.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Adair, OK

How long does it take to sell a home in Adair, OK?

Average Sale Time

Sep 2024Oct 2024CHANGE
31 Days118 Days+277.1%

Summary: Homes in Adair had an average of 118 days on market in Oct 2024, up by 277.1% compared to last month.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Adair are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 6 homes were sold in Adair; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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