$5,497 Closing Credit*
$462,900
2,309 SqFt
4 Beds
•3 Full Baths
Sherry Dunn, Listing Office: 405 Home Store
Is Oklahoma City Northwest, 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, Oklahoma City Northwest has remained a Seller's Market.
Key Takeaway
Oklahoma City Northwest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oklahoma City Northwest, OK
How much do homes in Oklahoma City Northwest, OK cost?
Median Sold Price
$343,858
$166/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,902(+1.4%)
Key Takeaway
Homes in Oklahoma City Northwest have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Oklahoma City Northwest was $343,858 in November 2024, up 1.4% from last year, and the median price per square foot was $166.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $110K | 0.0% |
| 2 Bedrooms | $196K | $199.5K | +1.8% |
| 3 Bedrooms | $289.2K | $292K | +0.9% |
| 4 Bedrooms | $414.9K | $407.5K | -1.8% |
| 5+ Bedrooms | $569.6K | $588.9K | +3.4% |
Summary: Oklahoma City Northwest 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 increased by 1.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Cities
| Oklahoma City Northeast | $455.4K | $479.9K | +5.4% |
| Oklahoma City Southwest | $212.5K | $216.3K | +1.8% |
| Oklahoma City Northwest | $338.9K | $343.8K | +1.4% |
| Edmond | $363.2K | $364.3K | 0.3% |
| Guthrie | $275K | $269.9K | -1.8% |
Housing Supply in Oklahoma City Northwest, OK
How many homes are available in Oklahoma City Northwest, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1,036 | 1,054 | +1.7% |
Summary: The Oklahoma City Northwest real estate market had 1,054 homes for sale in November 2024, a 1.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 459 | 458 | -0.2% |
| 4 Bedrooms | 438 | 454 | +3.7% |
| 5+ Bedrooms | 104 | 106 | +1.9% |
Summary: The Oklahoma City Northwest 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 increased by 3.3%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 1.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 215 | 196 | -8.8% |
Asking Price vs. Sold Price
94 Homes Were Sold
Under Asking
77 Homes Were Sold
At Asking
25 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oklahoma City Northwest, you may be able to get a good deal. 48% of homes here sold below asking price last month.
Summary: A total of 196 homes were sold or pending in Oklahoma City Northwest in November 2024, down by 8.8% month-over-month. Of the 196 sold homes, 48% were sold under asking, 39% were sold at asking, and 13% were sold over asking.
Days on Market for Oklahoma City Northwest, OK
How long does it take to sell a home in Oklahoma City Northwest, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 44 Days | -1.1% |
Summary: Homes in Oklahoma City Northwest had an average of 44 days on market in Nov 2024, down by 1.1% compared to last year.
Breakdown of Home Sale Times
114 Homes Were Sold
Under 30 Days
50 Homes Were Sold
In 30 - 90 Days
32 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oklahoma City Northwest are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 196 homes were sold in Oklahoma City Northwest; 58% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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