$1,176 Closing Credit*
$99,000
1,788 SqFt
3 Beds
•1 Full Bath, 1 Partial
Elizabeth Beaubien, Listing Office: Keller Williams Advantage
Is Dewey, 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, Dewey has remained a Seller's Market.
Key Takeaway
Dewey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dewey, OK
How much do homes in Dewey, OK cost?
Median Sold Price
$147,000
$100/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$27,000(+22.5%)
Key Takeaway
Homes in Dewey have sold for 22.5% more than they did a year ago.
Summary: The median home sold price in Dewey was $147,000 in October 2024, up 22.5% from last year, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $52K | -10.3% |
| 2 Bedrooms | $90K | $80K | -11.1% |
| 3 Bedrooms | $140K | $150K | +7.1% |
| 4 Bedrooms | $209.9K | $230K | +9.6% |
| 5+ Bedrooms | - | $457.9K | N/A |
Summary: Dewey housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dewey | $120K | $147K | +22.5% |
| Bartlesville | $171.6K | $183K | +6.6% |
Housing Supply in Dewey, OK
How many homes are available in Dewey, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 16 | 0.0% |
Summary: The Dewey real estate market had 16 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Dewey 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 100%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dewey, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Dewey in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Dewey, OK
How long does it take to sell a home in Dewey, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 45 Days | +28.6% |
Summary: Homes in Dewey had an average of 45 days on market in Oct 2024, up by 28.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dewey are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Dewey; 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.
Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.