$3,325 Closing Credit*
$280,000
1,780 SqFt
3 Beds
•2 Full Baths
Tracey Phillips, Listing Office: Thunder Ridge Realty, LLC
Is Ottawa County, 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, Ottawa County was a Seller's Market.
Key Takeaway
Ottawa County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Ottawa County, OK
How much do homes in Ottawa County, OK cost?
Median Sold Price
$240,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$87,500(-26.7%)
Key Takeaway
Homes in Ottawa County have sold for 26.7% less than they did a year ago.
Summary: The median home sold price in Ottawa County was $240,000 in October 2024, down 26.7% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $145K | $21.6K | -85.1% |
| 2 Bedrooms | $232.2K | $195K | -16.0% |
| 3 Bedrooms | $311K | $306K | -1.6% |
| 4 Bedrooms | $584.9K | $400K | -31.6% |
| 5+ Bedrooms | $655K | $364K | -44.4% |
Summary: Ottawa County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 85.1%, 2 bedroom homes decreased by 16%, 3 bedroom homes decreased by 1.6%, 4 bedroom homes decreased by 31.6%, and 5+ bedroom homes decreased by 44.4%.
Median Sold Price Compared To Nearby Counties
| McDonald County | $180.4K | $230K | +27.5% |
| Cherokee County | $96.5K | $117.9K | +22.2% |
| Newton County | $177.1K | $199.1K | +12.4% |
| Craig County | $170K | $162.5K | -4.4% |
| Ottawa County | $327.5K | $240K | -26.7% |
Housing Supply in Ottawa County, OK
How many homes are available in Ottawa County, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 68 | +28.3% |
Summary: The Ottawa County real estate market had 68 homes for sale in October 2024, a 28.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 23 | 33 | +43.5% |
| 4 Bedrooms | 9 | 11 | +22.2% |
| 5+ Bedrooms | 5 | 8 | +60.0% |
Summary: The Ottawa County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 7.1%, 3 bedroom homes increased by 43.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 60%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ottawa County, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Ottawa County in October 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Ottawa County, OK
How long does it take to sell a home in Ottawa County, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 71 Days | 68 Days | -5.0% |
Summary: Homes in Ottawa County had an average of 68 days on market in Oct 2024, down by 5% compared to last year.
Breakdown of Home Sale Times
0 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 Ottawa County has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Ottawa County; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.