$1,484 Closing Credit*
$125,000
812 SqFt
1 Bed
•1 Full Bath
Ann Johnson, Listing Office: Ross Group Real Estate Service
Is Ardmore, 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, Ardmore was a Seller's Market.
Key Takeaway
Ardmore is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ardmore, OK
How much do homes in Ardmore, OK cost?
Median Sold Price
$199,000
$127/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,840(+6.9%)
Key Takeaway
Homes in Ardmore have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Ardmore was $199,000 in October 2024, up 6.9% from last year, and the median price per square foot was $127.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.5K | $78K | -28.8% |
| 2 Bedrooms | $97.5K | $107K | +9.7% |
| 3 Bedrooms | $213.5K | $210K | -1.6% |
| 4 Bedrooms | $258K | $276K | +7.0% |
| 5+ Bedrooms | $365K | $337.5K | -7.5% |
Summary: Ardmore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.8%, 2 bedroom homes increased by 9.7%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes increased by 7%, and 5+ bedroom homes decreased by 7.5%.
Housing Supply in Ardmore, OK
How many homes are available in Ardmore, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 229 | 242 | +5.7% |
Summary: The Ardmore real estate market had 242 homes for sale in October 2024, a 5.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 2 | -50.0% |
| 2 Bedrooms | 41 | 44 | +7.3% |
| 3 Bedrooms | 127 | 138 | +8.7% |
| 4 Bedrooms | 45 | 43 | -4.4% |
| 5+ Bedrooms | 12 | 15 | +25.0% |
Summary: The Ardmore housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 27 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ardmore, you may be able to get a good deal. 63% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in Ardmore in October 2024, the same as the previous month. Of the 27 sold homes, 63% were sold under asking, 26% were sold at asking, and 11% were sold over asking.
Days on Market for Ardmore, OK
How long does it take to sell a home in Ardmore, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 44 Days | +31.2% |
Summary: Homes in Ardmore had an average of 44 days on market in Oct 2024, up by 31.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Ardmore are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 27 homes were sold in Ardmore; 44% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
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