Is Okeene, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Okeene is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Okeene has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Okeene, OK

How much do homes in Okeene, OK cost?

Median Sold Price

$90,000

$50/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$60,000(+200.0%)

Key Takeaway

Homes in Okeene have sold for 200% more than they did a month ago.

Summary: The median home sold price in Okeene was $90,000 in October 2024, up 200% from last month, and the median price per square foot was $50.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $30K$90K
+200.0%
4 --
N/A
5+ --
N/A

Summary: Okeene housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 200%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Okeene, OK

How many homes are available in Okeene, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
43-25.0%

Summary: The Okeene real estate market had 3 homes for sale in October 2024, a 25.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 32
-33.3%
4 00
0.0%
5+ 00
0.0%

Summary: The Okeene housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Okeene, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Okeene in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Okeene, OK

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

Average Sale Time

Sep 2024Oct 2024CHANGE
2 Days38 Days+1800.0%

Summary: Homes in Okeene had an average of 38 days on market in Oct 2024, up by 1800% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Okeene has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Okeene; 0% of homes were sold within 30 days, 100% 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

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