Is Park Hill, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Park Hill is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Park Hill was a Seller's Market.

Key Takeaway

Park Hill 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 Park Hill, OK

How much do homes in Park Hill, OK cost?

Median Sold Price

$531,563

$205/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$299,563(+129.1%)

Key Takeaway

Homes in Park Hill have sold for 129.1% more than they did a month ago.

Summary: The median home sold price in Park Hill was $531,563 in November 2024, up 129.1% from last month, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 $133.5K-
N/A
2 $144.5K$130K
-10.0%
3 $274.9K-
N/A
4 -$575.7K
N/A
5+ --
N/A

Summary: Park Hill housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Park Hill, OK

How many homes are available in Park Hill, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2820-28.6%

Summary: The Park Hill real estate market had 20 homes for sale in November 2024, a 28.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 95
-44.4%
3 107
-30.0%
4 66
0.0%
5+ 00
0.0%

Summary: The Park Hill housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes decreased by 30%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Park Hill, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Park Hill in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Park Hill, OK

How long does it take to sell a home in Park Hill, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
74 Days31 Days-57.4%

Summary: Homes in Park Hill had an average of 31 days on market in Nov 2024, down by 57.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Park Hill has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Park Hill; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 21 Days Ago

Newest Listings in Park Hill, OK

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