$9,000
0.23 Acres
Land
Meghan Snead, Listing Office: Keller Williams Realty
Is Dewey, 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, 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
$150,000
$106/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,000(+36.4%)
Key Takeaway
Homes in Dewey have sold for 36.4% more than they did a year ago.
Summary: The median home sold price in Dewey was $150,000 in November 2024, up 36.4% from last year, and the median price per square foot was $106.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $23K | $52K | +126.1% |
| 2 Bedrooms | $80K | $85K | +6.3% |
| 3 Bedrooms | $130K | $162K | +24.6% |
| 4 Bedrooms | $252.4K | $226K | -10.5% |
| 5+ Bedrooms | - | $457.9K | N/A |
Summary: Dewey housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 126.1%, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 24.6%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dewey | $110K | $150K | +36.4% |
| Bartlesville | $170.3K | $184.7K | +8.5% |
Housing Supply in Dewey, OK
How many homes are available in Dewey, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 17 | 0.0% |
Summary: The Dewey real estate market had 17 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Dewey 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 increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 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. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Dewey in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 55 Days | 8 Days | -85.6% |
Summary: Homes in Dewey had an average of 8 days on market in Nov 2024, down by 85.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 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 November 2024, 3 homes were sold in Dewey; 100% of homes were sold within 30 days, 0% 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.