$4,333 Closing Credit*
$364,900
2,020 SqFt
3 Beds
•2 Full Baths
Allison Hayes, Listing Office: Chinowth & Cohen
Is Lynn Lane, 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, Lynn Lane has remained a Seller's Market.
Key Takeaway
Lynn Lane is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lynn Lane, OK
How much do homes in Lynn Lane, OK cost?
Median Sold Price
$335,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+6.3%)
Key Takeaway
Homes in Lynn Lane have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in Lynn Lane was $335,000 in October 2024, up 6.3% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $173K | $149.5K | -13.6% |
| 3 Bedrooms | $250K | $266.5K | +6.6% |
| 4 Bedrooms | $380K | $422.4K | +11.2% |
| 5+ Bedrooms | $477K | $715K | +49.9% |
Summary: Lynn Lane 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 13.6%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes increased by 49.9%.
Median Sold Price Compared To Nearby Neighborhoods
| Stone Creek Farm | $307K | $333.5K | +8.6% |
| Lynn Lane | $315K | $335K | +6.3% |
Housing Supply in Lynn Lane, OK
How many homes are available in Lynn Lane, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 56 | 63 | +12.5% |
Summary: The Lynn Lane real estate market had 63 homes for sale in October 2024, a 12.5% 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 | 0 | 1 | +100.0% |
| 3 Bedrooms | 26 | 29 | +11.5% |
| 4 Bedrooms | 27 | 27 | 0.0% |
| 5+ Bedrooms | 3 | 6 | +100.0% |
Summary: The Lynn Lane 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 100%, 3 bedroom homes increased by 11.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 12 | +20.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lynn Lane, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Lynn Lane in October 2024, up by 20.0% month-over-month. Of the 12 sold homes, 58% were sold under asking, 17% were sold at asking, and 25% were sold over asking.
Days on Market for Lynn Lane, OK
How long does it take to sell a home in Lynn Lane, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 8 Days | 28 Days | +250.0% |
Summary: Homes in Lynn Lane had an average of 28 days on market in Oct 2024, up by 250% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lynn Lane are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 12 homes were sold in Lynn Lane; 75% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
