$80,000
10.56 Acres
Land
Jeff Scott, Listing Office: C21/First Choice Realty
Is Prague, 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, Prague was a Seller's Market.
Key Takeaway
Prague is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Prague, OK
How much do homes in Prague, OK cost?
Median Sold Price
$190,000
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$2,500(+1.3%)
Key Takeaway
Homes in Prague have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Prague was $190,000 in November 2024, up 1.3% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $73K | $127.5K | +74.7% |
| 3 Bedrooms | $225.5K | $252.4K | +12.0% |
| 4 Bedrooms | $263.5K | $262.5K | -0.4% |
| 5+ Bedrooms | - | $487.5K | N/A |
Summary: Prague 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 increased by 74.7%, 3 bedroom homes increased by 12%, 4 bedroom homes decreased by 0.4%, and 5+ bedroom homes did not change.
Housing Supply in Prague, OK
How many homes are available in Prague, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 26 | 25 | -3.8% |
Summary: The Prague real estate market had 25 homes for sale in November 2024, a 3.8% decrease 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 | 6 | 5 | -16.7% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Prague 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 decreased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Prague, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Prague in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Prague, OK
How long does it take to sell a home in Prague, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 45 Days | 81 Days | +78.7% |
Summary: Homes in Prague had an average of 81 days on market in Nov 2024, up by 78.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Prague has remained consistent over time.
Summary: During November 2024, 1 homes were sold in Prague; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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