Is NW OK County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing NW OK County is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, NW OK County was a Buyer's Market.

Key Takeaway

NW OK County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in NW OK County, OK

How much do homes in NW OK County, OK cost?

Median Sold Price

$259,495

$181/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,505(+1.8%)

Key Takeaway

Homes in NW OK County have sold for 1.8% more than they did a year ago.

Summary: The median home sold price in NW OK County was $259,495 in November 2024, up 1.8% from last year, and the median price per square foot was $181.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $205K-
N/A
3 $254.9K$255K
0.0%
4 $339.7K$336.9K
-0.8%
5+ --
N/A

Summary: NW OK County 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 did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

NW OK County
+1.8%
Northwest Oklahoma City
0.0%

Housing Supply in NW OK County, OK

How many homes are available in NW OK County, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2835+25.0%

Summary: The NW OK County real estate market had 35 homes for sale in November 2024, a 25.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2633
+26.9%
4 21
-50.0%
5+ 01
+100.0%

Summary: The NW OK County 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 remained the same, 3 bedroom homes increased by 26.9%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in NW OK County, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in NW OK County in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.

Days on Market for NW OK County, OK

How long does it take to sell a home in NW OK County, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days18 Days-13.6%

Summary: Homes in NW OK County had an average of 18 days on market in Nov 2024, down by 13.6% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in NW OK County are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in NW OK County; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in NW OK County, OK

Nearby Markets to NW OK County, OK