$8,752 Closing Credit*
$737,000
3,057 SqFt
4 Beds
•2 Full Baths, 1 Partial
Erin Catron, Listing Office: Erin Catron & Company, LLC
Is Owasso, 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, Owasso has remained a Seller's Market.
Key Takeaway
Owasso is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Owasso, OK
How much do homes in Owasso, OK cost?
Median Sold Price
$326,000
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,903(+3.5%)
Key Takeaway
Homes in Owasso have sold for 3.5% more than they did a year ago.
Summary: The median home sold price in Owasso was $326,000 in November 2024, up 3.5% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $155K | $179K | +15.5% |
| 3 Bedrooms | $252.1K | $270.1K | +7.2% |
| 4 Bedrooms | $374.9K | $398K | +6.1% |
| 5+ Bedrooms | $571.5K | $582.5K | +1.9% |
Summary: Owasso 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 15.5%, 3 bedroom homes increased by 7.2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 1.9%.
Median Sold Price Compared To Nearby Cities
| North Tulsa | $267.5K | $288.9K | +8.0% |
| Owasso | $315K | $326K | +3.5% |
| Collinsville | $275K | $277K | +0.7% |
Housing Supply in Owasso, OK
How many homes are available in Owasso, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 326 | 299 | -8.3% |
Summary: The Owasso real estate market had 299 homes for sale in November 2024, a 8.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 2 | -50.0% |
| 3 Bedrooms | 139 | 125 | -10.1% |
| 4 Bedrooms | 151 | 141 | -6.6% |
| 5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The Owasso housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 10.1%, 4 bedroom homes decreased by 6.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 61 | 66 | +8.2% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Owasso, you may be able to get a good deal. 54.5% of homes here sold below asking price last month.
Summary: A total of 66 homes were sold or pending in Owasso in November 2024, up by 8.2% month-over-month. Of the 66 sold homes, 55% were sold under asking, 33% were sold at asking, and 12% were sold over asking.
Days on Market for Owasso, OK
How long does it take to sell a home in Owasso, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 47 Days | +89.0% |
Summary: Homes in Owasso had an average of 47 days on market in Nov 2024, up by 89% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
30 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Owasso has remained consistent over time.
Summary: During November 2024, 66 homes were sold in Owasso; 41% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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