Is Bethel Acres, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel Acres is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Bethel Acres, OK

How much do homes in Bethel Acres, OK cost?

Median Sold Price

$281,500

$168/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,500(+4.6%)

Key Takeaway

Homes in Bethel Acres have sold for 4.6% more than they did a year ago.

Summary: The median home sold price in Bethel Acres was $281,500 in October 2024, up 4.6% from last year, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $175K$195K
+11.4%
3 $260K$250K
-3.8%
4 $415K$322.5K
-22.3%
5+ $325K$694.5K
+113.7%

Summary: Bethel Acres 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 increased by 11.4%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 22.3%, and 5+ bedroom homes increased by 113.7%.

Median Sold Price Compared To Nearby Cities

Newalla
+16.3%
Shawnee
+7.2%
Bethel Acres
+4.6%
Tecumseh
-0.5%
Pink
-4.3%

Housing Supply in Bethel Acres, OK

How many homes are available in Bethel Acres, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
814+75.0%

Summary: The Bethel Acres real estate market had 14 homes for sale in October 2024, a 75.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 410
+150.0%
4 22
0.0%
5+ 22
0.0%

Summary: The Bethel Acres 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 increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel Acres, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Bethel Acres in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.

Days on Market for Bethel Acres, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days53 Days+78.3%

Summary: Homes in Bethel Acres had an average of 53 days on market in Oct 2024, up by 78.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in Bethel Acres; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% 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 17 Days Ago

Newest Listings in Bethel Acres, OK

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