Is Geary, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Geary is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Geary has remained a Seller's Market.

Key Takeaway

Geary is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Geary, OK

How much do homes in Geary, OK cost?

Median Sold Price

$206,000

$117/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$46,000(+28.7%)

Key Takeaway

Homes in Geary have sold for 28.8% more than they did a month ago.

Summary: The median home sold price in Geary was $206,000 in November 2024, up 28.7% from last month, and the median price per square foot was $117.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $85K-
N/A
2 $235K-
N/A
3 -$206K
N/A
4 --
N/A
5+ --
N/A

Summary: Geary housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Geary, OK

How many homes are available in Geary, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
770.0%

Summary: The Geary real estate market had 7 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 21
-50.0%
3 24
+100.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Geary housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 Geary, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Geary in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Geary, OK

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

Average Sale Time

Oct 2024Nov 2024CHANGE
32 Days33 Days+4.7%

Summary: Homes in Geary had an average of 33 days on market in Nov 2024, up by 4.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Geary; 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 21 Days Ago

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