Is Oologah, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oologah is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Oologah has remained a Seller's 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

$357,000

$167/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$86,000(+31.7%)

Key Takeaway

Homes in Oologah have sold for 31.7% more than they did a year ago.

Summary: The median home sold price in Oologah was $357,000 in November 2024, up 31.7% from last year, and the median price per square foot was $167.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$135K
-42.6%
2 $199K$247.5K
+24.4%
3 $226.5K$270K
+19.2%
4 $330K$468K
+41.8%
5+ $400K$640K
+60.0%

Summary: Oologah housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.6%, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes increased by 60%.

Median Sold Price Compared To Nearby Cities

Oologah-Talala
+32.2%
Oologah
+31.7%

Housing Supply in Oologah, OK

How many homes are available in Oologah, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2117-19.0%

Summary: The Oologah real estate market had 17 homes for sale in November 2024, a 19.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 00
0.0%
3 65
-16.7%
4 119
-18.2%
5+ 32
-33.3%

Summary: The Oologah 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oologah, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Oologah in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% 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

Nov 2023Nov 2024CHANGE
20 Days26 Days+33.0%

Summary: Homes in Oologah had an average of 26 days on market in Nov 2024, up by 33% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oologah are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Oologah; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Oologah, OK

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