$4,036 Closing Credit*
$339,900
1,991 SqFt
3 Beds
•2 Full Baths
Cameron Burke, Listing Office: LRE Realty LLC
Is Guthrie, 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, Guthrie was a Neutral Market.
Key Takeaway
Guthrie is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
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 November 2023
-$5,025(-1.8%)
Key Takeaway
Homes in Guthrie have sold for 1.8% less than they did a year ago.
Summary: The median home sold price in Guthrie was $269,975 in November 2024, down 1.8% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $56K | $100K | +78.6% |
| 2 Bedrooms | $142K | $145K | +2.1% |
| 3 Bedrooms | $254K | $261K | +2.8% |
| 4 Bedrooms | $325K | $341.1K | +5.0% |
| 5+ Bedrooms | $328.2K | $330K | 0.5% |
Summary: Guthrie housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.6%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 2.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Oklahoma City Northeast | $455.4K | $479.9K | +5.4% |
| Oklahoma City Northwest | $338.9K | $343.8K | +1.4% |
| Edmond | $363.2K | $364.3K | 0.3% |
| Guthrie | $275K | $269.9K | -1.8% |
Housing Supply in Guthrie, OK
How many homes are available in Guthrie, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 187 | 180 | -3.7% |
Summary: The Guthrie real estate market had 180 homes for sale in November 2024, a 3.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 14 | +7.7% |
| 3 Bedrooms | 97 | 95 | -2.1% |
| 4 Bedrooms | 60 | 57 | -5.0% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Guthrie 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 increased by 7.7%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 44 | 23 | -47.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Guthrie, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in Guthrie in November 2024, down by 47.7% month-over-month. Of the 23 sold homes, 48% were sold under asking, 43% were sold at asking, and 9% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 54 Days | +24.3% |
Summary: Homes in Guthrie had an average of 54 days on market in Nov 2024, up by 24.3% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 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 November 2024, 23 homes were sold in Guthrie; 43% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.
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