$4,216 Closing Credit*
$355,000
2,922 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ella Carter, Listing Office: Keller Williams Realty
Is Nowata, 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, Nowata has remained a Seller's Market.
Key Takeaway
Nowata is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Nowata, OK
How much do homes in Nowata, OK cost?
Median Sold Price
$146,450
$114/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$14,700(+11.2%)
Key Takeaway
Homes in Nowata have sold for 11.2% more than they did a year ago.
Summary: The median home sold price in Nowata was $146,450 in November 2024, up 11.2% from last year, and the median price per square foot was $114.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | - | N/A |
| 2 Bedrooms | $79.5K | $61K | -23.3% |
| 3 Bedrooms | $136K | $147.9K | +8.8% |
| 4 Bedrooms | $171K | $330K | +93.0% |
| 5+ Bedrooms | $158K | - | N/A |
Summary: Nowata housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 93%, and 5+ bedroom homes did not change.
Housing Supply in Nowata, OK
How many homes are available in Nowata, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 20 | +17.6% |
Summary: The Nowata real estate market had 20 homes for sale in November 2024, a 17.6% increase 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 | 2 | 1 | -50.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Nowata 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 decreased by 50%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nowata, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Nowata in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.
Days on Market for Nowata, OK
How long does it take to sell a home in Nowata, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 33 Days | 48 Days | +45.2% |
Summary: Homes in Nowata had an average of 48 days on market in Nov 2024, up by 45.2% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Nowata are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Nowata; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
