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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethany is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Bethany, OK

How much do homes in Bethany, OK cost?

Median Sold Price

$185,500

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$500(+0.3%)

Key Takeaway

The sold price of homes in Bethany has remained the same since last year.

Summary: The median home sold price in Bethany was $185,500 in November 2024, up 0.3% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $115.2K$100K
-13.2%
2 $129.9K$132.5K
+2.0%
3 $186K$194.7K
+4.7%
4 $249K$272.5K
+9.4%
5+ $195K$256.5K
+31.5%

Summary: Bethany housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 31.5%.

Median Sold Price Compared To Nearby Cities

Warr Acres
+8.8%
Oklahoma City Southwest
+1.8%
Oklahoma City
+1.4%
Bethany
0.3%

Housing Supply in Bethany, OK

How many homes are available in Bethany, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6460-6.3%

Summary: The Bethany real estate market had 60 homes for sale in November 2024, a 6.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1110
-9.1%
3 4137
-9.8%
4 1011
+10.0%
5+ 22
0.0%

Summary: The Bethany housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes increased by 10%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1713-23.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethany, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Bethany in November 2024, down by 23.5% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.

Days on Market for Bethany, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days21 Days+65.7%

Summary: Homes in Bethany had an average of 21 days on market in Nov 2024, up by 65.7% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Bethany; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

Newest Listings in Bethany, OK

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