$3,147 Closing Credit*
$265,000
1,905 SqFt
3 Beds
•2 Full Baths
Phillip Kitchen, Listing Office: Keller Williams Realty Elite
Is Northwest 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, Northwest Oklahoma City has remained a Seller's Market.
Key Takeaway
Northwest Oklahoma City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Northwest Oklahoma City, OK
How much do homes in Northwest Oklahoma City, OK cost?
Median Sold Price
$299,999
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$49(0.0%)
Key Takeaway
The sold price of homes in Northwest Oklahoma City has remained the same since last year.
Summary: The median home sold price in Northwest Oklahoma City was $299,999 in November 2024, the same as last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101K | $105K | +4.0% |
| 2 Bedrooms | $181.1K | $175K | -3.4% |
| 3 Bedrooms | $270.6K | $273.2K | +0.9% |
| 4 Bedrooms | $360K | $363.5K | +1.0% |
| 5+ Bedrooms | $473.8K | $485K | +2.4% |
Summary: Northwest Oklahoma City housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 2.4%.
Median Sold Price Compared To Nearby Neighborhoods
| Bluff Creek | $245K | $272.5K | +11.2% |
| Northwest Oklahoma City | $299.9K | $299.9K | 0.0% |
Housing Supply in Northwest Oklahoma City, OK
How many homes are available in Northwest Oklahoma City, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,360 | 1,347 | -1.0% |
Summary: The Northwest Oklahoma City real estate market had 1,347 homes for sale in November 2024, a 1.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 12 | -14.3% |
| 2 Bedrooms | 59 | 50 | -15.3% |
| 3 Bedrooms | 677 | 655 | -3.2% |
| 4 Bedrooms | 528 | 544 | +3.0% |
| 5+ Bedrooms | 82 | 86 | +4.9% |
Summary: The Northwest Oklahoma City housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 15.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes increased by 3%, and 5+ bedroom homes increased by 4.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 297 | 243 | -18.2% |
Asking Price vs. Sold Price
118 Homes Were Sold
Under Asking
95 Homes Were Sold
At Asking
30 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Northwest Oklahoma City, you may be able to get a good deal. 48.6% of homes here sold below asking price last month.
Summary: A total of 243 homes were sold or pending in Northwest Oklahoma City in November 2024, down by 18.2% month-over-month. Of the 243 sold homes, 49% were sold under asking, 39% were sold at asking, and 12% were sold over asking.
Days on Market for Northwest Oklahoma City, OK
How long does it take to sell a home in Northwest Oklahoma City, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 43 Days | -2.3% |
Summary: Homes in Northwest Oklahoma City had an average of 43 days on market in Nov 2024, down by 2.3% compared to last year.
Breakdown of Home Sale Times
131 Homes Were Sold
Under 30 Days
78 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Northwest Oklahoma City are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 243 homes were sold in Northwest Oklahoma City; 54% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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