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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cole is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Cole, OK

How much do homes in Cole, OK cost?

Median Sold Price

$77,500

$59/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$196,500(-71.7%)

Key Takeaway

Homes in Cole have sold for 71.7% less than they did a month ago.

Summary: The median home sold price in Cole was $77,500 in October 2024, down 71.7% from last month, and the median price per square foot was $59.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $274K$77.5K
-71.7%
4 --
N/A
5+ --
N/A

Summary: Cole housing prices by bedroom type for October 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 decreased by 71.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Cole, OK

How many homes are available in Cole, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The Cole real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 32
-33.3%
4 11
0.0%
5+ 00
0.0%

Summary: The Cole 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 remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cole, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Cole in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Cole, OK

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

Average Sale Time

Sep 2024Oct 2024CHANGE
10 Days162 Days+1520.0%

Summary: Homes in Cole had an average of 162 days on market in Oct 2024, up by 1520% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cole are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 1 homes were sold in Cole; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 20 Days Ago

Newest Listings in Cole, OK

Nearby Markets to Cole, OK

What housing markets are near Cole, OK?