$7,719 Closing Credit*
$650,000
2,638 SqFt
4 Beds
•2 Full Baths, 1 Partial
Tara Levinson, Listing Office: LRE Realty LLC
Is Northeast Oklahoma City, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Northeast Oklahoma City has remained a Seller's Market.
Key Takeaway
Northeast Oklahoma City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northeast Oklahoma City, OK
How much do homes in Northeast Oklahoma City, OK cost?
Median Sold Price
$325,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$1,500(+0.5%)
Key Takeaway
The sold price of homes in Northeast Oklahoma City has remained the same since last year.
Summary: The median home sold price in Northeast Oklahoma City was $325,000 in November 2024, up 0.5% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $203.5K | $78.5K | -61.4% |
| 2 Bedrooms | $187.4K | $200K | +6.7% |
| 3 Bedrooms | $235.8K | $252K | +6.8% |
| 4 Bedrooms | $499.4K | $523K | +4.7% |
| 5+ Bedrooms | $1.0M | $697.5K | -30.2% |
Summary: Northeast Oklahoma City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 61.4%, 2 bedroom homes increased by 6.7%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 4.7%, and 5+ bedroom homes decreased by 30.2%.
Housing Supply in Northeast Oklahoma City, OK
How many homes are available in Northeast Oklahoma City, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 87 | -3.3% |
Summary: The Northeast Oklahoma City real estate market had 87 homes for sale in November 2024, a 3.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 40 | 36 | -10.0% |
| 4 Bedrooms | 32 | 30 | -6.3% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The Northeast Oklahoma City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 15 | -37.5% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northeast Oklahoma City, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Northeast Oklahoma City in November 2024, down by 37.5% month-over-month. Of the 15 sold homes, 73% were sold under asking, 0% were sold at asking, and 27% were sold over asking.
Days on Market for Northeast Oklahoma City, OK
How long does it take to sell a home in Northeast Oklahoma City, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 52 Days | +111.7% |
Summary: Homes in Northeast Oklahoma City had an average of 52 days on market in Nov 2024, up by 111.7% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northeast Oklahoma City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in Northeast Oklahoma City; 53% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.