$2,791 Closing Credit*
$235,000
2,280 SqFt
2 Beds
•2 Full Baths
Brooke Zorger, Listing Office: Re/Max Property Place
Is Granite, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Granite was a Seller's Market.
Key Takeaway
Granite is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Granite, OK
How much do homes in Granite, OK cost?
Median Sold Price
$90,000
$69/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$45,000(-33.3%)
Key Takeaway
Homes in Granite have sold for 33.3% less than they did a year ago.
Summary: The median home sold price in Granite was $90,000 in October 2024, down 33.3% from last year, and the median price per square foot was $69.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | - | N/A |
| 2 Bedrooms | $56K | $87.2K | +55.8% |
| 3 Bedrooms | $135K | $101.5K | -24.8% |
| 4 Bedrooms | $172.4K | $287.4K | +66.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Granite housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 55.8%, 3 bedroom homes decreased by 24.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes did not change.
Housing Supply in Granite, OK
How many homes are available in Granite, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 8 | -20.0% |
Summary: The Granite real estate market had 8 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Granite 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Granite, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Granite in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Granite, OK
How long does it take to sell a home in Granite, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 73 Days | 113 Days | +53.4% |
Summary: Homes in Granite had an average of 113 days on market in Oct 2024, up by 53.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Granite are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Granite; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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