Is Skiatook, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Skiatook has remained a Seller's Market.
Key Takeaway
Skiatook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Skiatook, OK
How much do homes in Skiatook, OK cost?
Median Sold Price
$280,000
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Skiatook have sold for 14.3% more than they did a year ago.
Summary: The median home sold price in Skiatook was $280,000 in May 2024, up 14.3% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $91.5K | +83.0% |
| 2 Bedrooms | $110.1K | $130K | +18.0% |
| 3 Bedrooms | $215K | $230K | +7.0% |
| 4 Bedrooms | $361.2K | $343K | -5.1% |
| 5+ Bedrooms | $358.5K | $430K | +19.9% |
Summary: Skiatook housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83%, 2 bedroom homes increased by 18%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes increased by 19.9%.
Median Sold Price Compared To Nearby Cities
| Skiatook | $245K | $280K | +14.3% |
| Southeast Osage | $259.5K | $275K | +6.0% |
| North Tulsa | $285K | $278K | -2.5% |
| Collinsville | $277.1K | $270K | -2.6% |
| Sperry | $290K | $237K | -18.3% |
Housing Supply in Skiatook, OK
How many homes are available in Skiatook, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 81 | 81 | 0.0% |
Summary: The Skiatook real estate market had 81 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 40 | 38 | -5.0% |
| 4 Bedrooms | 34 | 32 | -5.9% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The Skiatook housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 16 | 27 | +68.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skiatook, 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 Skiatook in May 2024, up by 68.8% 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 Skiatook, OK
How long does it take to sell a home in Skiatook, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 28 Days | 31 Days | +10.7% |
Summary: Homes in Skiatook had an average of 31 days on market in May 2024, up by 10.7% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Skiatook are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 27 homes were sold in Skiatook; 74% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 