Is East Love, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Love is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, East Love was a Seller's Market.

Key Takeaway

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

Housing Prices in East Love, OK

How much do homes in East Love, OK cost?

Median Sold Price

$174,500

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$31,500(-15.3%)

Key Takeaway

Homes in East Love have sold for 15.3% less than they did a year ago.

Summary: The median home sold price in East Love was $174,500 in October 2024, down 15.3% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $120K$125K
+4.2%
2 $127.5K$149K
+16.9%
3 $250K$176.9K
-29.2%
4 $185K$237K
+28.1%
5+ $605K-
N/A

Summary: East Love housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 16.9%, 3 bedroom homes decreased by 29.2%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Marietta
-7.5%
East Love
-15.3%

Housing Supply in East Love, OK

How many homes are available in East Love, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
32320.0%

Summary: The East Love real estate market had 32 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 1817
-5.6%
4 66
0.0%
5+ 11
0.0%

Summary: The East Love 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 16.7%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

4 Homes Were 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 East Love, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in East Love in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for East Love, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
123 Days150 Days+21.3%

Summary: Homes in East Love had an average of 150 days on market in Oct 2024, up by 21.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 4 homes were sold in East Love; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% 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 East Love, OK

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