$480,000
80.00 Acres
Land
Jenifer Stevenson, Listing Office: Berkshire Hathaway-Benchmark
Is Pink, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Pink has remained a Seller's Market.
Key Takeaway
Pink is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pink, OK
How much do homes in Pink, OK cost?
Median Sold Price
$225,000
$123/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$10,000(-4.3%)
Key Takeaway
Homes in Pink have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Pink was $225,000 in October 2024, down 4.3% from last year, and the median price per square foot was $123.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $123.7K | $72.4K | -41.5% |
| 3 Bedrooms | $182.5K | $173K | -5.2% |
| 4 Bedrooms | $264.9K | $225K | -15.1% |
| 5+ Bedrooms | - | $405K | N/A |
Summary: Pink 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 decreased by 41.5%, 3 bedroom homes decreased by 5.2%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Newalla | $250K | $290.7K | +16.3% |
| East Cleveland | $259K | $280K | +8.1% |
| Bethel Acres | $269K | $281.5K | +4.6% |
| Pink | $235K | $225K | -4.3% |
Housing Supply in Pink, OK
How many homes are available in Pink, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 4 | -20.0% |
Summary: The Pink real estate market had 4 homes for sale in October 2024, a 20.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Pink 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 decreased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Pink, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Pink in October 2024, up by 100.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Pink, OK
How long does it take to sell a home in Pink, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 69 Days | 6 Days | -90.6% |
Summary: Homes in Pink had an average of 6 days on market in Oct 2024, down by 90.6% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Pink are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Pink; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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