$197,000
20.00 Acres
Land
Jamie Carpenter, Listing Office: Coldwell Banker Select
Is Keystone Lake, 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, Keystone Lake was a Seller's Market.
Key Takeaway
Keystone Lake is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Keystone Lake, OK
How much do homes in Keystone Lake, OK cost?
Median Sold Price
$250,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+13.6%)
Key Takeaway
Homes in Keystone Lake have sold for 13.6% more than they did a year ago.
Summary: The median home sold price in Keystone Lake was $250,000 in November 2024, up 13.6% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $228.7K | -34.6% |
| 2 Bedrooms | $165K | $131.5K | -20.3% |
| 3 Bedrooms | $205K | $260K | +26.8% |
| 4 Bedrooms | $370K | $248.7K | -32.8% |
| 5+ Bedrooms | $507.5K | $468.9K | -7.6% |
Summary: Keystone Lake housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 34.6%, 2 bedroom homes decreased by 20.3%, 3 bedroom homes increased by 26.8%, 4 bedroom homes decreased by 32.8%, and 5+ bedroom homes decreased by 7.6%.
Median Sold Price Compared To Nearby Cities
| Mannford | $205K | $234.9K | +14.6% |
| Keystone Lake | $220K | $250K | +13.6% |
Housing Supply in Keystone Lake, OK
How many homes are available in Keystone Lake, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 44 | -15.4% |
Summary: The Keystone Lake real estate market had 44 homes for sale in November 2024, a 15.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 25 | 20 | -20.0% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Keystone Lake 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 remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Keystone Lake, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Keystone Lake in November 2024, down by 36.4% month-over-month. Of the 7 sold homes, 43% were sold under asking, 43% were sold at asking, and 14% were sold over asking.
Days on Market for Keystone Lake, OK
How long does it take to sell a home in Keystone Lake, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 18 Days | 53 Days | +185.7% |
Summary: Homes in Keystone Lake had an average of 53 days on market in Nov 2024, up by 185.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Keystone Lake are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Keystone Lake; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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