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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sayre is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Sayre was a Neutral Market.

Key Takeaway

Sayre is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Sayre, OK

How much do homes in Sayre, OK cost?

Median Sold Price

$131,900

$79/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$2,100(-1.6%)

Key Takeaway

Homes in Sayre have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Sayre was $131,900 in November 2024, down 1.6% from last year, and the median price per square foot was $79.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $53.5K$23K
-57.0%
2 $58.7K$67.5K
+14.9%
3 $143.7K$157.5K
+9.6%
4 $224.9K$215K
-4.4%
5+ $330K$84K
-74.5%

Summary: Sayre housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 57%, 2 bedroom homes increased by 14.9%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 4.4%, and 5+ bedroom homes decreased by 74.5%.

Median Sold Price Compared To Nearby Cities

Sayre
-1.6%
Elk City
-8.8%

Housing Supply in Sayre, OK

How many homes are available in Sayre, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2023+15.0%

Summary: The Sayre real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 87
-12.5%
3 812
+50.0%
4 44
0.0%
5+ 00
0.0%

Summary: The Sayre 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 12.5%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sayre, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Sayre in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Sayre, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
153 Days157 Days+2.7%

Summary: Homes in Sayre had an average of 157 days on market in Nov 2024, up by 2.7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Sayre are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 3 homes were sold in Sayre; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% 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 21 Days Ago

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