$3,859 Closing Credit*
$325,000
1,808 SqFt
3 Beds
•2 Full Baths, 1 Partial
Katlyn Cornman, Listing Office: The Cornman Group
Is Piedmont, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Piedmont was a Seller's Market.
Key Takeaway
Piedmont 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 Piedmont, OK
How much do homes in Piedmont, OK cost?
Median Sold Price
$323,266
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$18,276(+6.0%)
Key Takeaway
Homes in Piedmont have sold for 6% more than they did a year ago.
Summary: The median home sold price in Piedmont was $323,266 in December 2024, up 6% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290.5K | $245K | -15.7% |
| 3 Bedrooms | $271.1K | $284.6K | +5.0% |
| 4 Bedrooms | $366.9K | $376K | +2.5% |
| 5+ Bedrooms | $499.9K | $538.6K | +7.8% |
Summary: Piedmont housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 15.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.5%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Cities
| Piedmont | $304.9K | $323.2K | +6.0% |
| Oklahoma City Northwest | $339.8K | $347.6K | +2.3% |
| Oklahoma City | $250K | $254.5K | +1.8% |
| East Canadian | $279.3K | $275.5K | -1.4% |
Housing Supply in Piedmont, OK
How many homes are available in Piedmont, OK?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 138 | 126 | -8.7% |
Summary: The Piedmont real estate market had 126 homes for sale in December 2024, a 8.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 67 | 58 | -13.4% |
| 4 Bedrooms | 58 | 54 | -6.9% |
| 5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The Piedmont housing inventory by bedroom type for December 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 13.4%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Piedmont, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Piedmont in December 2024, down by 16.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for Piedmont, OK
How long does it take to sell a home in Piedmont, OK?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 64 Days | 45 Days | -30.0% |
Summary: Homes in Piedmont had an average of 45 days on market in Dec 2024, down by 30% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Piedmont has remained consistent over time.
Summary: During December 2024, 21 homes were sold in Piedmont; 38% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
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