$4,216 Closing Credit*
$355,000
2,318 SqFt
4 Beds
•3 Full Baths, 1 Partial
Kortnee Anderson, Listing Office: Redhawk Real Estate, LLC
Is Piedmont, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$329,576
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,581(+8.1%)
Key Takeaway
Homes in Piedmont have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in Piedmont was $329,576 in November 2024, up 8.1% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $290.5K | - | N/A |
| 3 Bedrooms | $271.5K | $285.1K | +5.0% |
| 4 Bedrooms | $366.9K | $376.5K | +2.6% |
| 5+ Bedrooms | $494.9K | $483.9K | -2.2% |
Summary: Piedmont 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 did not change, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes decreased by 2.2%.
Median Sold Price Compared To Nearby Cities
| Okarche-Cashion | $257K | $358.4K | +39.5% |
| Piedmont | $304.9K | $329.5K | +8.1% |
| Oklahoma City Northwest | $338.9K | $343.8K | +1.4% |
| Oklahoma City | $249.9K | $253.6K | +1.4% |
| East Canadian | $279.7K | $275.1K | -1.7% |
Housing Supply in Piedmont, OK
How many homes are available in Piedmont, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 134 | 140 | +4.5% |
Summary: The Piedmont real estate market had 140 homes for sale in November 2024, a 4.5% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 65 | 67 | +3.1% |
| 4 Bedrooms | 56 | 61 | +8.9% |
| 5+ Bedrooms | 13 | 12 | -7.7% |
Summary: The Piedmont housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes decreased by 7.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 27 | 22 | -18.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Piedmont, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 22 homes were sold or pending in Piedmont in November 2024, down by 18.5% month-over-month. Of the 22 sold homes, 41% were sold under asking, 50% were sold at asking, and 9% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 45 Days | -12.3% |
Summary: Homes in Piedmont had an average of 45 days on market in Nov 2024, down by 12.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Piedmont are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 22 homes were sold in Piedmont; 55% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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