$3,349 Closing Credit*
$282,000
2,249 SqFt
3 Beds
•2 Full Baths, 1 Partial
Edward Welch, Listing Office: BHGRE GREEN COUNTRY
Is Owasso, 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, Owasso was a Seller's Market.
Key Takeaway
Owasso is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Owasso, OK
How much do homes in Owasso, OK cost?
Median Sold Price
$326,535
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$12,195(+3.9%)
Key Takeaway
Homes in Owasso have sold for 3.9% more than they did a year ago.
Summary: The median home sold price in Owasso was $326,535 in October 2024, up 3.9% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $260K | N/A |
| 2 Bedrooms | $158.7K | $179K | +12.8% |
| 3 Bedrooms | $250K | $272K | +8.8% |
| 4 Bedrooms | $375K | $399.5K | +6.5% |
| 5+ Bedrooms | $573.2K | $590K | +2.9% |
Summary: Owasso housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 6.5%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
| North Tulsa | $269K | $286.9K | +6.7% |
| Owasso | $314.3K | $326.5K | +3.9% |
| Collinsville | $275K | $276.2K | 0.4% |
Housing Supply in Owasso, OK
How many homes are available in Owasso, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 327 | 327 | 0.0% |
Summary: The Owasso real estate market had 327 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 138 | 135 | -2.2% |
| 4 Bedrooms | 150 | 158 | +5.3% |
| 5+ Bedrooms | 35 | 29 | -17.1% |
Summary: The Owasso housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 17.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 63 | 54 | -14.3% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Owasso, you may be able to get a good deal. 48.1% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in Owasso in October 2024, down by 14.3% month-over-month. Of the 54 sold homes, 48% were sold under asking, 33% were sold at asking, and 19% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 29 Days | 49 Days | +69.1% |
Summary: Homes in Owasso had an average of 49 days on market in Oct 2024, up by 69.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Owasso are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 54 homes were sold in Owasso; 48% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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