Is Sapulpa, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sapulpa is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Sapulpa has remained a Seller's Market.

Key Takeaway

Sapulpa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Sapulpa, OK

How much do homes in Sapulpa, OK cost?

Median Sold Price

$213,000

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$10,000(+4.9%)

Key Takeaway

Homes in Sapulpa have sold for 4.9% more than they did a year ago.

Summary: The median home sold price in Sapulpa was $213,000 in November 2024, up 4.9% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $280K$78K
-72.1%
2 $110K$134.9K
+22.7%
3 $205K$210K
+2.4%
4 $317K$310K
-2.2%
5+ $311K$410K
+31.8%

Summary: Sapulpa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 72.1%, 2 bedroom homes increased by 22.7%, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 31.8%.

Median Sold Price Compared To Nearby Cities

Kiefer
+17.0%
Sapulpa
+4.9%
Glenpool
+2.3%
Jenks
+1.0%
Kellyville
0.3%

Housing Supply in Sapulpa, OK

How many homes are available in Sapulpa, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
128118-7.8%

Summary: The Sapulpa real estate market had 118 homes for sale in November 2024, a 7.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 1411
-21.4%
3 8169
-14.8%
4 2226
+18.2%
5+ 1011
+10.0%

Summary: The Sapulpa 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 21.4%, 3 bedroom homes decreased by 14.8%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3227-15.6%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sapulpa, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in Sapulpa in November 2024, down by 15.6% month-over-month. Of the 27 sold homes, 52% were sold under asking, 26% were sold at asking, and 22% were sold over asking.

Days on Market for Sapulpa, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
23 Days30 Days+26.7%

Summary: Homes in Sapulpa had an average of 30 days on market in Nov 2024, up by 26.7% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Sapulpa are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 27 homes were sold in Sapulpa; 74% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 11% 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 2 Days Ago

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