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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremore is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Claremore, OK

How much do homes in Claremore, OK cost?

Median Sold Price

$249,700

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,240(-5.8%)

Key Takeaway

Homes in Claremore have sold for 5.8% less than they did a year ago.

Summary: The median home sold price in Claremore was $249,700 in October 2024, down 5.8% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $110K$155K
+40.9%
2 $163.5K$135K
-17.4%
3 $230K$230.6K
0.3%
4 $320.4K$340K
+6.1%
5+ $380K$499K
+31.3%

Summary: Claremore housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.9%, 2 bedroom homes decreased by 17.4%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 31.3%.

Median Sold Price Compared To Nearby Cities

Pryor
+6.8%
Verdigris
+4.5%
Claremore
-5.8%

Housing Supply in Claremore, OK

How many homes are available in Claremore, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
236238+0.8%

Summary: The Claremore real estate market had 238 homes for sale in October 2024, a 0.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 1217
+41.7%
3 122117
-4.1%
4 7978
-1.3%
5+ 2124
+14.3%

Summary: The Claremore 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 increased by 41.7%, 3 bedroom homes decreased by 4.1%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5251-1.9%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremore, you may be able to get a good deal. 56.9% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Claremore in October 2024, down by 1.9% month-over-month. Of the 51 sold homes, 57% were sold under asking, 27% were sold at asking, and 16% were sold over asking.

Days on Market for Claremore, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
25 Days41 Days+58.3%

Summary: Homes in Claremore had an average of 41 days on market in Oct 2024, up by 58.3% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 51 homes were sold in Claremore; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% 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 16 Days Ago

Newest Listings in Claremore, OK

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