$2,963 Closing Credit*
$249,500
1,797 SqFt
4 Beds
•2 Full Baths, 1 Partial
Reagan E Brown, Listing Office: Twin Bridge Real Estate
Is North Cleveland, 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, North Cleveland has remained a Seller's Market.
Key Takeaway
North Cleveland is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Cleveland, OK
How much do homes in North Cleveland, OK cost?
Median Sold Price
$250,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$644(+0.3%)
Key Takeaway
The sold price of homes in North Cleveland has remained the same since last year.
Summary: The median home sold price in North Cleveland was $250,000 in October 2024, up 0.3% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $148.9K | +19.1% |
| 2 Bedrooms | $165.4K | $178K | +7.6% |
| 3 Bedrooms | $225.9K | $234.5K | +3.8% |
| 4 Bedrooms | $318.6K | $321K | +0.8% |
| 5+ Bedrooms | $446.5K | $499K | +11.7% |
Summary: North Cleveland housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 11.7%.
Median Sold Price Compared To Nearby Cities
| Oklahoma City Southeast | $187K | $199.8K | +6.9% |
| Norman | $258K | $274.9K | +6.6% |
| Moore | $219.9K | $224.1K | +1.9% |
| Oklahoma City | $249.9K | $252.5K | +1.0% |
| North Cleveland | $249.3K | $250K | 0.3% |
Housing Supply in North Cleveland, OK
How many homes are available in North Cleveland, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 605 | 689 | +13.9% |
Summary: The North Cleveland real estate market had 689 homes for sale in October 2024, a 13.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 23 | 26 | +13.0% |
| 3 Bedrooms | 356 | 394 | +10.7% |
| 4 Bedrooms | 196 | 238 | +21.4% |
| 5+ Bedrooms | 28 | 29 | +3.6% |
Summary: The North Cleveland 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 13%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 3.6%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 130 | 123 | -5.4% |
Asking Price vs. Sold Price
58 Homes Were Sold
Under Asking
44 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Cleveland, you may be able to get a good deal. 47.2% of homes here sold below asking price last month.
Summary: A total of 123 homes were sold or pending in North Cleveland in October 2024, down by 5.4% month-over-month. Of the 123 sold homes, 47% were sold under asking, 36% were sold at asking, and 17% were sold over asking.
Days on Market for North Cleveland, OK
How long does it take to sell a home in North Cleveland, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 37 Days | +28.1% |
Summary: Homes in North Cleveland had an average of 37 days on market in Oct 2024, up by 28.1% compared to last year.
Breakdown of Home Sale Times
76 Homes Were Sold
Under 30 Days
34 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Cleveland are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 123 homes were sold in North Cleveland; 62% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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