$8,657 Closing Credit*
$729,000
2,397 SqFt
3 Beds
•2 Full Baths, 1 Partial
Holly Brumble, Listing Office: Keller Williams Realty Adv
Is Oklahoma City Northeast, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Oklahoma City Northeast has remained a Seller's Market.
Key Takeaway
Oklahoma City Northeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oklahoma City Northeast, OK
How much do homes in Oklahoma City Northeast, OK cost?
Median Sold Price
$473,250
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,335(+4.3%)
Key Takeaway
Homes in Oklahoma City Northeast have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Oklahoma City Northeast was $473,250 in October 2024, up 4.3% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269.5K | $219K | -18.7% |
| 2 Bedrooms | $274.5K | $285K | +3.8% |
| 3 Bedrooms | $359.9K | $373.5K | +3.8% |
| 4 Bedrooms | $519.8K | $514.3K | -1.1% |
| 5+ Bedrooms | $666.4K | $712.5K | +6.9% |
Summary: Oklahoma City Northeast housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.7%, 2 bedroom homes increased by 3.8%, 3 bedroom homes increased by 3.8%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 6.9%.
Median Sold Price Compared To Nearby Cities
| Jones | $416.5K | $444.9K | +6.8% |
| Oklahoma City Northeast | $453.9K | $473.2K | +4.3% |
| Edmond | $359.9K | $363.6K | +1.0% |
| Arcadia | $491.9K | $494.7K | +0.6% |
| Luther | $280K | $265K | -5.4% |
Housing Supply in Oklahoma City Northeast, OK
How many homes are available in Oklahoma City Northeast, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 218 | 208 | -4.6% |
Summary: The Oklahoma City Northeast real estate market had 208 homes for sale in October 2024, a 4.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 7 | 7 | 0.0% |
| 3 Bedrooms | 68 | 66 | -2.9% |
| 4 Bedrooms | 95 | 88 | -7.4% |
| 5+ Bedrooms | 45 | 43 | -4.4% |
Summary: The Oklahoma City Northeast housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes decreased by 4.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 39 | 37 | -5.1% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oklahoma City Northeast, you may be able to get a good deal. 54.1% of homes here sold below asking price last month.
Summary: A total of 37 homes were sold or pending in Oklahoma City Northeast in October 2024, down by 5.1% month-over-month. Of the 37 sold homes, 54% were sold under asking, 35% were sold at asking, and 11% were sold over asking.
Days on Market for Oklahoma City Northeast, OK
How long does it take to sell a home in Oklahoma City Northeast, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 60 Days | -14.8% |
Summary: Homes in Oklahoma City Northeast had an average of 60 days on market in Oct 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oklahoma City Northeast are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 37 homes were sold in Oklahoma City Northeast; 46% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
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Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.