$9,254 Closing Credit*
$779,260
3,316 SqFt
4 Beds
•3 Full Baths, 1 Partial
Brad Borem, Listing Office: Chinowth & Cohen
Is Jenks, 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, Jenks was a Seller's Market.
Key Takeaway
Jenks is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Jenks, OK
How much do homes in Jenks, OK cost?
Median Sold Price
$383,333
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$1,529(-0.4%)
Key Takeaway
The sold price of homes in Jenks has remained the same since last year.
Summary: The median home sold price in Jenks was $383,333 in October 2024, down 0.4% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $316K | $165K | -47.8% |
| 3 Bedrooms | $290K | $310K | +6.9% |
| 4 Bedrooms | $449.9K | $454K | +0.9% |
| 5+ Bedrooms | $559.6K | $527K | -5.8% |
Summary: Jenks 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 decreased by 47.8%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 5.8%.
Median Sold Price Compared To Nearby Cities
| Tulsa | $223.1K | $236.3K | +5.9% |
| South Tulsa | $309.7K | $319.6K | +3.2% |
| Glenpool | $279K | $285.9K | +2.5% |
| Bixby | $385.4K | $389K | +0.9% |
| Jenks | $384.8K | $383.3K | -0.4% |
Housing Supply in Jenks, OK
How many homes are available in Jenks, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 188 | 204 | +8.5% |
Summary: The Jenks real estate market had 204 homes for sale in October 2024, a 8.5% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 59 | 70 | +18.6% |
| 4 Bedrooms | 115 | 121 | +5.2% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Jenks 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 increased by 18.6%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 29 | -25.6% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jenks, you may be able to get a good deal. 62.1% of homes here sold below asking price last month.
Summary: A total of 29 homes were sold or pending in Jenks in October 2024, down by 25.6% month-over-month. Of the 29 sold homes, 62% were sold under asking, 28% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 57 Days | +81.8% |
Summary: Homes in Jenks had an average of 57 days on market in Oct 2024, up by 81.8% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Jenks has remained consistent over time.
Summary: During October 2024, 29 homes were sold in Jenks; 28% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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