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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canute is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Canute has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Canute, OK

How much do homes in Canute, OK cost?

Median Sold Price

$260,297

$134/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$190,397(+272.4%)

Key Takeaway

Homes in Canute have sold for 272.4% more than they did a month ago.

Summary: The median home sold price in Canute was $260,297 in December 2024, up 272.4% from last month, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 --
N/A
3 -$260.2K
N/A
4 $69.9K-
N/A
5+ --
N/A

Summary: Canute housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Canute, OK

How many homes are available in Canute, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
35+66.7%

Summary: The Canute real estate market had 5 homes for sale in December 2024, a 66.7% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 24
+100.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Canute 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 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Canute in December 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Canute, OK

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

Average Sale Time

Nov 2024Dec 2024CHANGE
14 Days50 Days+260.7%

Summary: Homes in Canute had an average of 50 days on market in Dec 2024, up by 260.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 2 homes were sold in Canute; 50% of homes were sold within 30 days, 50% 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 Canute, OK

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