$5,415 Closing Credit*
$456,034
2,713 SqFt
4 Beds
•3 Full Baths, 1 Partial
Vernon McKown, Listing Office: Ideal Homes & Neighborhoods
Is Jenks, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Jenks has remained a Seller's Market.
Key Takeaway
Jenks is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jenks, OK
How much do homes in Jenks, OK cost?
Median Sold Price
$388,150
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$3,700(+1.0%)
Key Takeaway
Homes in Jenks have sold for 1% more than they did a year ago.
Summary: The median home sold price in Jenks was $388,150 in November 2024, up 1% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $242.9K | $170K | -30.0% |
| 3 Bedrooms | $300K | $312.5K | +4.2% |
| 4 Bedrooms | $450K | $454K | +0.9% |
| 5+ Bedrooms | $569.3K | $499.5K | -12.3% |
Summary: Jenks housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 30%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 12.3%.
Median Sold Price Compared To Nearby Cities
| Tulsa | $224.5K | $237.9K | +6.0% |
| Bixby | $376.7K | $395K | +4.9% |
| South Tulsa | $308.8K | $320K | +3.6% |
| Glenpool | $279.5K | $285.9K | +2.3% |
| Jenks | $384.4K | $388.1K | +1.0% |
Housing Supply in Jenks, OK
How many homes are available in Jenks, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 202 | 193 | -4.5% |
Summary: The Jenks real estate market had 193 homes for sale in November 2024, a 4.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 70 | 68 | -2.9% |
| 4 Bedrooms | 118 | 110 | -6.8% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Jenks housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 6.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 34 | 39 | +14.7% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jenks, you may be able to get a good deal. 59% of homes here sold below asking price last month.
Summary: A total of 39 homes were sold or pending in Jenks in November 2024, up by 14.7% month-over-month. Of the 39 sold homes, 59% were sold under asking, 31% were sold at asking, and 10% were sold over asking.
Days on Market for Jenks, OK
How long does it take to sell a home in Jenks, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 50 Days | +10.1% |
Summary: Homes in Jenks had an average of 50 days on market in Nov 2024, up by 10.1% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jenks are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 39 homes were sold in Jenks; 56% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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