$1,663 Closing Credit*
$140,000
1,047 SqFt
2 Beds
•1 Full Bath, 1 Partial
Ingrid Grutzmacher, Listing Office: Heather & Company Realty Group
Is Cleveland County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Cleveland County was a Seller's Market.
Key Takeaway
Cleveland County 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 County, OK
How much do homes in Cleveland County, OK cost?
Median Sold Price
$255,074
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,071(+2.0%)
Key Takeaway
Homes in Cleveland County have sold for 2% more than they did a year ago.
Summary: The median home sold price in Cleveland County was $255,074 in November 2024, up 2% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100K | $97.5K | -2.5% |
| 2 Bedrooms | $152.5K | $165K | +8.2% |
| 3 Bedrooms | $229.9K | $238.3K | +3.6% |
| 4 Bedrooms | $334.9K | $339.9K | +1.5% |
| 5+ Bedrooms | $460K | $474.2K | +3.1% |
Summary: Cleveland County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.5%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 3.1%.
Median Sold Price Compared To Nearby Counties
| Pottawatomie County | $199.2K | $204.7K | +2.8% |
| Oklahoma County | $254.1K | $260.5K | +2.5% |
| Cleveland County | $250K | $255K | +2.0% |
| McClain County | $299.7K | $292.9K | -2.3% |
Housing Supply in Cleveland County, OK
How many homes are available in Cleveland County, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,285 | 1,278 | -0.5% |
Summary: The Cleveland County real estate market had 1,278 homes for sale in November 2024, a 0.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 102 | 95 | -6.9% |
| 3 Bedrooms | 691 | 668 | -3.3% |
| 4 Bedrooms | 413 | 433 | +4.8% |
| 5+ Bedrooms | 72 | 74 | +2.8% |
Summary: The Cleveland County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes increased by 4.8%, and 5+ bedroom homes increased by 2.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 247 | 193 | -21.9% |
Asking Price vs. Sold Price
97 Homes Were Sold
Under Asking
67 Homes Were Sold
At Asking
29 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cleveland County, you may be able to get a good deal. 50.3% of homes here sold below asking price last month.
Summary: A total of 193 homes were sold or pending in Cleveland County in November 2024, down by 21.9% month-over-month. Of the 193 sold homes, 50% were sold under asking, 35% were sold at asking, and 15% were sold over asking.
Days on Market for Cleveland County, OK
How long does it take to sell a home in Cleveland County, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 40 Days | 40 Days | -0.5% |
Summary: Homes in Cleveland County had an average of 40 days on market in Nov 2024, down by 0.5% compared to last year.
Breakdown of Home Sale Times
112 Homes Were Sold
Under 30 Days
51 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cleveland County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 193 homes were sold in Cleveland County; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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