$2,969 Closing Credit*
$250,000
1,619 SqFt
3 Beds
•2 Full Baths
Kristi L. Russell, Listing Office: Chinowth & Cohen
Is Oologah, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Oologah was a Neutral Market.
Key Takeaway
Oologah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oologah, OK
How much do homes in Oologah, OK cost?
Median Sold Price
$320,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+10.3%)
Key Takeaway
Homes in Oologah have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Oologah was $320,000 in October 2024, up 10.3% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $135K | -42.6% |
| 2 Bedrooms | - | $199K | N/A |
| 3 Bedrooms | $249K | $270K | +8.4% |
| 4 Bedrooms | $330K | $451K | +36.7% |
| 5+ Bedrooms | $400K | $640K | +60.0% |
Summary: Oologah housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.6%, 2 bedroom homes did not change, 3 bedroom homes increased by 8.4%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes increased by 60%.
Median Sold Price Compared To Nearby Cities
| Oologah-Talala | $299.2K | $365K | +22.0% |
| Oologah | $290K | $320K | +10.3% |
Housing Supply in Oologah, OK
How many homes are available in Oologah, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 22 | +10.0% |
Summary: The Oologah real estate market had 22 homes for sale in October 2024, a 10.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Oologah housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oologah, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Oologah in October 2024, up by 20.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 17% were sold at asking, and 33% were sold over asking.
Days on Market for Oologah, OK
How long does it take to sell a home in Oologah, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 56 Days | +139.4% |
Summary: Homes in Oologah had an average of 56 days on market in Oct 2024, up by 139.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Oologah has remained consistent over time.
Summary: During October 2024, 6 homes were sold in Oologah; 33% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
