$3,111 Closing Credit*
$262,000
1,382 SqFt
3 Beds
•2 Full Baths
Jerri Saliba, Listing Office: eXp Realty, LLC (BO)
Is Cleveland, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Cleveland has remained a Seller's Market.
Key Takeaway
Cleveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cleveland, OK
How much do homes in Cleveland, OK cost?
Median Sold Price
$173,000
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$13,000(+8.1%)
Key Takeaway
Homes in Cleveland have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Cleveland was $173,000 in October 2024, up 8.1% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $99.5K | $85K | -14.6% |
| 3 Bedrooms | $165K | $173K | +4.8% |
| 4 Bedrooms | $219K | $325K | +48.4% |
| 5+ Bedrooms | $629K | - | N/A |
Summary: Cleveland 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 decreased by 14.6%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 48.4%, and 5+ bedroom homes did not change.
Housing Supply in Cleveland, OK
How many homes are available in Cleveland, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 33 | -2.9% |
Summary: The Cleveland real estate market had 33 homes for sale in October 2024, a 2.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 20 | 16 | -20.0% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cleveland 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 60%, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 6 | 0.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cleveland, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Cleveland in October 2024, the same as the previous month. Of the 6 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Cleveland, OK
How long does it take to sell a home in Cleveland, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 28 Days | -22.9% |
Summary: Homes in Cleveland had an average of 28 days on market in Oct 2024, down by 22.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cleveland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 6 homes were sold in Cleveland; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
