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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brandywine is a seller's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Brandywine, OK

How much do homes in Brandywine, OK cost?

Median Sold Price

$292,500

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

-$12,500(-4.1%)

Key Takeaway

Homes in Brandywine have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Brandywine was $292,500 in December 2024, down 4.1% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 $266.2K$275K
+3.3%
4 $347K$359.9K
+3.7%
5+ $595K$363.5K
-38.9%

Summary: Brandywine housing prices by bedroom type for December 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 3.3%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 38.9%.

Median Sold Price Compared To Nearby Neighborhoods

South Oklahoma City
+1.1%
Brandywine
-4.1%

Housing Supply in Brandywine, OK

How many homes are available in Brandywine, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
4348+11.6%

Summary: The Brandywine real estate market had 48 homes for sale in December 2024, a 11.6% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2932
+10.3%
4 1315
+15.4%
5+ 11
0.0%

Summary: The Brandywine housing inventory by bedroom type for December 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 10.3%, 4 bedroom homes increased by 15.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brandywine, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Brandywine in December 2024, up by 50.0% month-over-month. Of the 9 sold homes, 67% were sold under asking, 22% were sold at asking, and 11% were sold over asking.

Days on Market for Brandywine, OK

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

Average Sale Time

Dec 2023Dec 2024CHANGE
90 Days42 Days-52.9%

Summary: Homes in Brandywine had an average of 42 days on market in Dec 2024, down by 52.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 9 homes were sold in Brandywine; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% 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

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