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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bartlesville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Bartlesville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Bartlesville, OK

How much do homes in Bartlesville, OK cost?

Median Sold Price

$182,471

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$10,493(+6.1%)

Key Takeaway

Homes in Bartlesville have sold for 6.1% more than they did a year ago.

Summary: The median home sold price in Bartlesville was $182,471 in October 2024, up 6.1% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $50K$57.5K
+15.0%
2 $89.9K$90.5K
+0.7%
3 $161K$165.9K
+3.1%
4 $275.3K$277K
+0.6%
5+ $306K$389.9K
+27.4%

Summary: Bartlesville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15%, 2 bedroom homes increased by 0.7%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 27.4%.

Median Sold Price Compared To Nearby Cities

Dewey
+22.5%
Bartlesville
+6.6%
Bartlesville
+6.1%
Ochelata-Ramona
-45.1%

Housing Supply in Bartlesville, OK

How many homes are available in Bartlesville, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
199210+5.5%

Summary: The Bartlesville real estate market had 210 homes for sale in October 2024, a 5.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1821
+16.7%
3 101105
+4.0%
4 6772
+7.5%
5+ 1211
-8.3%

Summary: The Bartlesville 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 increased by 16.7%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes decreased by 8.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3759+59.5%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

22 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bartlesville, expect to pay close to the asking price. 37.3% of homes here sold near the asking price last month.

Summary: A total of 59 homes were sold or pending in Bartlesville in October 2024, up by 59.5% month-over-month. Of the 59 sold homes, 32% were sold under asking, 37% were sold at asking, and 31% were sold over asking.

Days on Market for Bartlesville, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
26 Days23 Days-13.2%

Summary: Homes in Bartlesville had an average of 23 days on market in Oct 2024, down by 13.2% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 59 homes were sold in Bartlesville; 73% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 5% 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 16 Days Ago

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