$1,603 Closing Credit*
$135,000
882 SqFt
3 Beds
•1 Full Bath, 1 Partial
Bill Harvey, Listing Office: Capital Real Estate LLC
Is Oklahoma City Southeast, 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 Southeast has remained a Seller's Market.
Key Takeaway
Oklahoma City Southeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oklahoma City Southeast, OK
How much do homes in Oklahoma City Southeast, OK cost?
Median Sold Price
$199,871
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,860(+6.9%)
Key Takeaway
Homes in Oklahoma City Southeast have sold for 6.9% more than they did a year ago.
Summary: The median home sold price in Oklahoma City Southeast was $199,871 in October 2024, up 6.9% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $110K | $78.7K | -28.4% |
| 2 Bedrooms | $112.9K | $120K | +6.2% |
| 3 Bedrooms | $180.9K | $195K | +7.8% |
| 4 Bedrooms | $270.6K | $265K | -2.1% |
| 5+ Bedrooms | $396.5K | $351K | -11.5% |
Summary: Oklahoma City Southeast housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.4%, 2 bedroom homes increased by 6.2%, 3 bedroom homes increased by 7.8%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Midwest City | $166.3K | $184.3K | +10.8% |
| Oklahoma City Southeast | $187K | $199.8K | +6.9% |
| Choctaw | $305K | $324.4K | +6.4% |
| Nicoma Park | $214K | $218.8K | +2.2% |
| Spencer | $161.8K | $150.2K | -7.1% |
Housing Supply in Oklahoma City Southeast, OK
How many homes are available in Oklahoma City Southeast, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 663 | 719 | +8.4% |
Summary: The Oklahoma City Southeast real estate market had 719 homes for sale in October 2024, a 8.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 54 | 59 | +9.3% |
| 3 Bedrooms | 437 | 459 | +5.0% |
| 4 Bedrooms | 151 | 171 | +13.2% |
| 5+ Bedrooms | 19 | 28 | +47.4% |
Summary: The Oklahoma City Southeast 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 increased by 9.3%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes increased by 47.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 145 | 138 | -4.8% |
Asking Price vs. Sold Price
70 Homes Were Sold
Under Asking
40 Homes Were Sold
At Asking
28 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oklahoma City Southeast, you may be able to get a good deal. 50.7% of homes here sold below asking price last month.
Summary: A total of 138 homes were sold or pending in Oklahoma City Southeast in October 2024, down by 4.8% month-over-month. Of the 138 sold homes, 51% were sold under asking, 29% were sold at asking, and 20% were sold over asking.
Days on Market for Oklahoma City Southeast, OK
How long does it take to sell a home in Oklahoma City Southeast, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 22 Days | 39 Days | +74.8% |
Summary: Homes in Oklahoma City Southeast had an average of 39 days on market in Oct 2024, up by 74.8% compared to last year.
Breakdown of Home Sale Times
81 Homes Were Sold
Under 30 Days
40 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oklahoma City Southeast are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 138 homes were sold in Oklahoma City Southeast; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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