$10,000 Closing Credit*
$1,750,000
9,000 SqFt
8 Beds
•3 Full Baths, 1 Partial
Lisa Arizpe, Listing Office: KW Grand Lake
Is Bernice, 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, Bernice was a Seller's Market.
Key Takeaway
Bernice is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Bernice, OK
How much do homes in Bernice, OK cost?
Median Sold Price
$650,000
$317/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$275,000(+73.3%)
Key Takeaway
Homes in Bernice have sold for 73.3% more than they did a year ago.
Summary: The median home sold price in Bernice was $650,000 in October 2024, up 73.3% from last year, and the median price per square foot was $317.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | - | N/A |
| 2 Bedrooms | $320K | - | N/A |
| 3 Bedrooms | $449K | $562.9K | +25.4% |
| 4 Bedrooms | $623.8K | $1.1M | +84.4% |
| 5+ Bedrooms | $1.0M | - | N/A |
Summary: Bernice housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 25.4%, 4 bedroom homes increased by 84.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Bernice | $375K | $650K | +73.3% |
| Afton | $445K | $410K | -7.9% |
Housing Supply in Bernice, OK
How many homes are available in Bernice, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Summary: The Bernice real estate market had 12 homes for sale in October 2024, a 20.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 4 | 4 | 0.0% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Bernice 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 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 Bernice, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.
Summary: A total of 1 homes were sold or pending in Bernice in October 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for Bernice, OK
How long does it take to sell a home in Bernice, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 74 Days | 59 Days | -20.3% |
Summary: Homes in Bernice had an average of 59 days on market in Oct 2024, down by 20.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Bernice has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Bernice; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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