$137,025
10.15 Acres
Land
Lezlee Ballew, Listing Office: Active Real Estate
Is Durant, 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, Durant was a Seller's Market.
Key Takeaway
Durant is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Durant, OK
How much do homes in Durant, OK cost?
Median Sold Price
$246,950
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,383(-0.6%)
Key Takeaway
Homes in Durant have sold for 0.6% less than they did a year ago.
Summary: The median home sold price in Durant was $246,950 in November 2024, down 0.6% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $82K | $270K | +229.3% |
| 2 Bedrooms | $119.5K | $142K | +18.8% |
| 3 Bedrooms | $239.9K | $235K | -2.1% |
| 4 Bedrooms | $309K | $328.2K | +6.2% |
| 5+ Bedrooms | $530K | $480K | -9.4% |
Summary: Durant housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 229.3%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes decreased by 9.4%.
Median Sold Price Compared To Nearby Cities
| Calera | $250K | $250K | 0.0% |
| Durant | $248.3K | $246.9K | -0.6% |
Housing Supply in Durant, OK
How many homes are available in Durant, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 135 | 131 | -3.0% |
Summary: The Durant real estate market had 131 homes for sale in November 2024, a 3.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 96 | 87 | -9.4% |
| 4 Bedrooms | 24 | 28 | +16.7% |
| 5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The Durant 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 remained the same, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 14 | -48.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Durant, you may be able to get a good deal. 78.6% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Durant in November 2024, down by 48.1% month-over-month. Of the 14 sold homes, 79% were sold under asking, 21% were sold at asking, and 0% were sold over asking.
Days on Market for Durant, OK
How long does it take to sell a home in Durant, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 34 Days | 61 Days | +77.9% |
Summary: Homes in Durant had an average of 61 days on market in Nov 2024, up by 77.9% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Durant has remained consistent over time.
Summary: During November 2024, 14 homes were sold in Durant; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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