Is Del City, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Del City is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Del City was a Seller's Market.

Key Takeaway

Del City is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Del City, OK

How much do homes in Del City, OK cost?

Median Sold Price

$150,000

$127/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,000(+2.7%)

Key Takeaway

Homes in Del City have sold for 2.7% more than they did a year ago.

Summary: The median home sold price in Del City was $150,000 in November 2024, up 2.7% from last year, and the median price per square foot was $127.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $113.7K$132K
+16.0%
3 $149.5K$150K
0.3%
4 $160K$169.9K
+6.2%
5+ $214.9K$250K
+16.3%

Summary: Del City 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 increased by 16%, 3 bedroom homes increased by 0.3%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Cities

Midwest City
+10.6%
Del City
+2.7%
Oklahoma City Southwest
+1.8%
Oklahoma City
+1.4%

Housing Supply in Del City, OK

How many homes are available in Del City, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
10489-14.4%

Summary: The Del City real estate market had 89 homes for sale in November 2024, a 14.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1512
-20.0%
3 7364
-12.3%
4 1411
-21.4%
5+ 22
0.0%

Summary: The Del City 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 20%, 3 bedroom homes decreased by 12.3%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3112-61.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Del City, you could pay more than the asking price. 58.3% of homes here sold above asking price last month.

Summary: A total of 12 homes were sold or pending in Del City in November 2024, down by 61.3% month-over-month. Of the 12 sold homes, 25% were sold under asking, 17% were sold at asking, and 58% were sold over asking.

Days on Market for Del City, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
12 Days27 Days+119.8%

Summary: Homes in Del City had an average of 27 days on market in Nov 2024, up by 119.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 12 homes were sold in Del City; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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 Del City, OK

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