$8,657 Closing Credit*
$729,000
2,397 SqFt
3 Beds
•2 Full Baths, 1 Partial
Holly Brumble, Listing Office: Keller Williams Realty Adv
Is Arcadia, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Arcadia was a Neutral Market.
Key Takeaway
Arcadia is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Arcadia, OK
How much do homes in Arcadia, OK cost?
Median Sold Price
$494,765
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$2,800(+0.6%)
Key Takeaway
Homes in Arcadia have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in Arcadia was $494,765 in October 2024, up 0.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $309.5K | -11.6% |
| 2 Bedrooms | $395K | $355K | -10.1% |
| 3 Bedrooms | $454.6K | $332.5K | -26.9% |
| 4 Bedrooms | $495.9K | $528.5K | +6.6% |
| 5+ Bedrooms | $666.4K | $629.6K | -5.5% |
Summary: Arcadia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 11.6%, 2 bedroom homes decreased by 10.1%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes decreased by 5.5%.
Median Sold Price Compared To Nearby Cities
| Oklahoma City Northeast | $453.9K | $473.2K | +4.3% |
| Edmond | $359.9K | $363.6K | +1.0% |
| Arcadia | $491.9K | $494.7K | +0.6% |
Housing Supply in Arcadia, OK
How many homes are available in Arcadia, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 65 | 57 | -12.3% |
Summary: The Arcadia real estate market had 57 homes for sale in October 2024, a 12.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 13 | 11 | -15.4% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 22 | 18 | -18.2% |
Summary: The Arcadia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 18.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Arcadia, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Arcadia in October 2024, down by 70.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Arcadia, OK
How long does it take to sell a home in Arcadia, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 101 Days | 85 Days | -15.9% |
Summary: Homes in Arcadia had an average of 85 days on market in Oct 2024, down by 15.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Arcadia has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Arcadia; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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