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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Noble is a neutral's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Noble 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 Noble, OK

How much do homes in Noble, OK cost?

Median Sold Price

$207,500

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$7,555(+3.8%)

Key Takeaway

Homes in Noble have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Noble was $207,500 in October 2024, up 3.8% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $95K$245K
+157.9%
2 $118K$135K
+14.4%
3 $190K$203.5K
+7.1%
4 $237.7K$239K
0.5%
5+ $366K$310K
-15.3%

Summary: Noble housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 157.9%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes decreased by 15.3%.

Median Sold Price Compared To Nearby Cities

Slaughterville
+18.9%
East Cleveland
+8.1%
Norman
+6.6%
Noble
+3.8%

Housing Supply in Noble, OK

How many homes are available in Noble, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5063+26.0%

Summary: The Noble real estate market had 63 homes for sale in October 2024, a 26.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 3646
+27.8%
4 610
+66.7%
5+ 12
+100.0%

Summary: The Noble 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 decreased by 28.6%, 3 bedroom homes increased by 27.8%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
129-25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Noble, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Noble in October 2024, down by 25.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 11% were sold at asking, and 44% were sold over asking.

Days on Market for Noble, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
15 Days35 Days+126.5%

Summary: Homes in Noble had an average of 35 days on market in Oct 2024, up by 126.5% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 9 homes were sold in Noble; 78% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 22% 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 16 Days Ago

Newest Listings in Noble, OK

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