$15,000
0.29 Acres
Land
Arrica Bailey, Listing Office: Coldwell Banker Select
Is Cleveland, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Cleveland has remained a Neutral Market.
Key Takeaway
Cleveland is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Cleveland, OK
How much do homes in Cleveland, OK cost?
Median Sold Price
$177,600
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$17,600(+11.0%)
Key Takeaway
Homes in Cleveland have sold for 11% more than they did a year ago.
Summary: The median home sold price in Cleveland was $177,600 in November 2024, up 11% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $125K | N/A |
| 2 Bedrooms | $109.7K | $91.5K | -16.6% |
| 3 Bedrooms | $165K | $182.2K | +10.4% |
| 4 Bedrooms | $224.5K | $345K | +53.7% |
| 5+ Bedrooms | $629K | - | N/A |
Summary: Cleveland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16.6%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 53.7%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 33 | 32 | -3.0% |
Summary: The Cleveland real estate market had 32 homes for sale in November 2024, a 3.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 9 | 5 | -44.4% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 8 | 8 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Cleveland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 13.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Cleveland, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Cleveland in November 2024, down by 37.5% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 17 Days | 53 Days | +207.4% |
Summary: Homes in Cleveland had an average of 53 days on market in Nov 2024, up by 207.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cleveland has remained consistent over time.
Summary: During November 2024, 5 homes were sold in Cleveland; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
