Is Moore, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Moore is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Moore was a Seller's Market.

Key Takeaway

Moore 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 Moore, OK

How much do homes in Moore, OK cost?

Median Sold Price

$221,650

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$1,650(+0.8%)

Key Takeaway

Homes in Moore have sold for 0.8% more than they did a year ago.

Summary: The median home sold price in Moore was $221,650 in November 2024, up 0.8% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $125K-
N/A
2 $161.4K$172.5K
+6.8%
3 $204K$214K
+4.9%
4 $295.1K$292K
-1.1%
5+ $350K$479.9K
+37.1%

Summary: Moore 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 increased by 6.8%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 37.1%.

Median Sold Price Compared To Nearby Cities

Norman
+5.3%
Oklahoma City
+1.4%
Moore
+0.8%
North Cleveland
-0.7%

Housing Supply in Moore, OK

How many homes are available in Moore, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
317303-4.4%

Summary: The Moore real estate market had 303 homes for sale in November 2024, a 4.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1214
+16.7%
3 193179
-7.3%
4 10096
-4.0%
5+ 1214
+16.7%

Summary: The Moore 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 16.7%, 3 bedroom homes decreased by 7.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7248-33.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

14 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Moore, you may be able to get a good deal. 45.8% of homes here sold below asking price last month.

Summary: A total of 48 homes were sold or pending in Moore in November 2024, down by 33.3% month-over-month. Of the 48 sold homes, 46% were sold under asking, 29% were sold at asking, and 25% were sold over asking.

Days on Market for Moore, OK

How long does it take to sell a home in Moore, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days38 Days-14.1%

Summary: Homes in Moore had an average of 38 days on market in Nov 2024, down by 14.1% compared to last year.

Breakdown of Home Sale Times

29 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Moore are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 48 homes were sold in Moore; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 10% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Moore, OK

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