$1,900 Closing Credit*
$160,000
1,688 SqFt
3 Beds
•2 Full Baths
Kristina Moosavi, Jeremy Moosavi, Listing Office: RE/MAX LIFESTYLE
Is North Cleveland, 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, North Cleveland was a Seller's Market.
Key Takeaway
North Cleveland 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 North Cleveland, OK
How much do homes in North Cleveland, OK cost?
Median Sold Price
$248,211
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$1,731(-0.7%)
Key Takeaway
Homes in North Cleveland have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in North Cleveland was $248,211 in November 2024, down 0.7% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $125K | $148.9K | +19.1% |
| 2 Bedrooms | $166.8K | $178K | +6.7% |
| 3 Bedrooms | $225.7K | $230.3K | +2.0% |
| 4 Bedrooms | $321.6K | $319.1K | -0.8% |
| 5+ Bedrooms | $435K | $499K | +14.7% |
Summary: North Cleveland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 19.1%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Oklahoma City Southeast | $189.1K | $199.9K | +5.7% |
| Norman | $261.1K | $275K | +5.3% |
| Oklahoma City | $249.9K | $253.6K | +1.4% |
| Moore | $220K | $221.6K | +0.8% |
| North Cleveland | $249.9K | $248.2K | -0.7% |
Housing Supply in North Cleveland, OK
How many homes are available in North Cleveland, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 662 | 669 | +1.1% |
Summary: The North Cleveland real estate market had 669 homes for sale in November 2024, a 1.1% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 26 | 28 | +7.7% |
| 3 Bedrooms | 373 | 371 | -0.5% |
| 4 Bedrooms | 238 | 244 | +2.5% |
| 5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The North Cleveland 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 7.7%, 3 bedroom homes decreased by 0.5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 134 | 108 | -19.4% |
Asking Price vs. Sold Price
46 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
16 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. 42.6% of homes here sold below asking price last month.
Summary: A total of 108 homes were sold or pending in North Cleveland in November 2024, down by 19.4% month-over-month. Of the 108 sold homes, 43% were sold under asking, 43% were sold at asking, and 15% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 43 Days | +13.4% |
Summary: Homes in North Cleveland had an average of 43 days on market in Nov 2024, up by 13.4% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
17 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 November 2024, 108 homes were sold in North Cleveland; 60% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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