$3,622 Closing Credit*
$305,000
1,928 SqFt
4 Beds
•2 Full Baths
Leslie Angell-Hart, Listing Office: McGraw REALTORS (BO)
Is Harrah, 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, Harrah has remained a Seller's Market.
Key Takeaway
Harrah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Harrah, OK
How much do homes in Harrah, OK cost?
Median Sold Price
$251,990
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,990(+8.2%)
Key Takeaway
Homes in Harrah have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Harrah was $251,990 in October 2024, up 8.2% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | - | N/A |
| 2 Bedrooms | $145K | $175K | +20.7% |
| 3 Bedrooms | $230K | $242.7K | +5.5% |
| 4 Bedrooms | $269.9K | $287.5K | +6.5% |
| 5+ Bedrooms | $405K | $279.9K | -30.9% |
Summary: Harrah 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 20.7%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes decreased by 30.9%.
Median Sold Price Compared To Nearby Cities
| Newalla | $250K | $290.7K | +16.3% |
| Harrah | $233K | $251.9K | +8.2% |
| Oklahoma City Southeast | $187K | $199.8K | +6.9% |
| Choctaw | $305K | $324.4K | +6.4% |
| Oklahoma City Northeast | $453.9K | $473.2K | +4.3% |
Housing Supply in Harrah, OK
How many homes are available in Harrah, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 71 | 74 | +4.2% |
Summary: The Harrah real estate market had 74 homes for sale in October 2024, a 4.2% increase 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 | 3 | 4 | +33.3% |
| 3 Bedrooms | 48 | 47 | -2.1% |
| 4 Bedrooms | 20 | 23 | +15.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Harrah 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 33.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 15%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrah, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Harrah in October 2024, up by 6.7% month-over-month. Of the 16 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Harrah, OK
How long does it take to sell a home in Harrah, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 42 Days | -5.0% |
Summary: Homes in Harrah had an average of 42 days on market in Oct 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Harrah are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in Harrah; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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