$3,859 Closing Credit*
$325,000
1,280 SqFt
3 Beds
•2 Full Baths
Karen Quinlin, Tom Quinlin, Listing Office: Metro First Realty
Is Oklahoma County, 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 County has remained a Seller's Market.
Key Takeaway
Oklahoma County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oklahoma County, OK
How much do homes in Oklahoma County, OK cost?
Median Sold Price
$260,564
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$6,447(+2.5%)
Key Takeaway
Homes in Oklahoma County have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Oklahoma County was $260,564 in November 2024, up 2.5% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $105K | 0.0% |
| 2 Bedrooms | $145.6K | $155.2K | +6.6% |
| 3 Bedrooms | $229.2K | $235.8K | +2.9% |
| 4 Bedrooms | $374.9K | $375.2K | 0.1% |
| 5+ Bedrooms | $517.8K | $535.6K | +3.4% |
Summary: Oklahoma 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 increased by 6.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 3.4%.
Median Sold Price Compared To Nearby Counties
| Lincoln County | $168.7K | $180K | +6.7% |
| Oklahoma County | $254.1K | $260.5K | +2.5% |
| Cleveland County | $250K | $255K | +2.0% |
| Canadian County | $270K | $269.9K | 0% |
| Logan County | $259.1K | $254.5K | -1.8% |
Housing Supply in Oklahoma County, OK
How many homes are available in Oklahoma County, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4,253 | 4,165 | -2.1% |
Summary: The Oklahoma County real estate market had 4,165 homes for sale in November 2024, a 2.1% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 48 | 52 | +8.3% |
| 2 Bedrooms | 480 | 440 | -8.3% |
| 3 Bedrooms | 2,118 | 2,042 | -3.6% |
| 4 Bedrooms | 1,279 | 1,300 | +1.6% |
| 5+ Bedrooms | 328 | 331 | +0.9% |
Summary: The Oklahoma County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8.3%, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 0.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 875 | 697 | -20.3% |
Asking Price vs. Sold Price
344 Homes Were Sold
Under Asking
244 Homes Were Sold
At Asking
109 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oklahoma County, you may be able to get a good deal. 49.4% of homes here sold below asking price last month.
Summary: A total of 697 homes were sold or pending in Oklahoma County in November 2024, down by 20.3% month-over-month. Of the 697 sold homes, 49% were sold under asking, 35% were sold at asking, and 16% were sold over asking.
Days on Market for Oklahoma County, OK
How long does it take to sell a home in Oklahoma County, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 40 Days | +26.7% |
Summary: Homes in Oklahoma County had an average of 40 days on market in Nov 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
414 Homes Were Sold
Under 30 Days
203 Homes Were Sold
In 30 - 90 Days
80 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oklahoma County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 697 homes were sold in Oklahoma County; 59% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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