$1,532 Closing Credit*
$129,000
1,265 SqFt
2 Beds
•1 Full Bath
Rachael Cockerell, Listing Office: Peak 46 Properties, LLC
Is Guthrie, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Guthrie has remained a Seller's Market.
Key Takeaway
Guthrie is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Guthrie, OK
How much do homes in Guthrie, OK cost?
Median Sold Price
$269,975
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$300(+0.1%)
Key Takeaway
The sold price of homes in Guthrie has remained the same since last year.
Summary: The median home sold price in Guthrie was $269,975 in October 2024, up 0.1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $45K | $125K | +177.8% |
| 2 Bedrooms | $142.5K | $145K | +1.8% |
| 3 Bedrooms | $247.3K | $261.2K | +5.6% |
| 4 Bedrooms | $323.4K | $342.3K | +5.8% |
| 5+ Bedrooms | $319K | $328K | +2.8% |
Summary: Guthrie housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 177.8%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 5.8%, and 5+ bedroom homes increased by 2.8%.
Median Sold Price Compared To Nearby Cities
| Oklahoma City Northeast | $453.9K | $473.2K | +4.3% |
| Oklahoma City Northwest | $334.2K | $344.3K | +3.0% |
| Edmond | $359.9K | $363.6K | +1.0% |
| Guthrie | $269.6K | $269.9K | 0.1% |
Housing Supply in Guthrie, OK
How many homes are available in Guthrie, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 188 | 208 | +10.6% |
Summary: The Guthrie real estate market had 208 homes for sale in October 2024, a 10.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 2 | -33.3% |
| 2 Bedrooms | 12 | 15 | +25.0% |
| 3 Bedrooms | 94 | 107 | +13.8% |
| 4 Bedrooms | 65 | 67 | +3.1% |
| 5+ Bedrooms | 14 | 17 | +21.4% |
Summary: The Guthrie housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 21.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 42 | +44.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guthrie, expect to pay close to the asking price. 45.2% of homes here sold near the asking price last month.
Summary: A total of 42 homes were sold or pending in Guthrie in October 2024, up by 44.8% month-over-month. Of the 42 sold homes, 36% were sold under asking, 45% were sold at asking, and 19% were sold over asking.
Days on Market for Guthrie, OK
How long does it take to sell a home in Guthrie, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 59 Days | +11.5% |
Summary: Homes in Guthrie had an average of 59 days on market in Oct 2024, up by 11.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Guthrie are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in Guthrie; 45% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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