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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Smithville is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Smithville has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Smithville, OK

How much do homes in Smithville, OK cost?

Median Sold Price

$145,000

$110/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$25,000(+20.8%)

Key Takeaway

Homes in Smithville have sold for 20.8% more than they did a month ago.

Summary: The median home sold price in Smithville was $145,000 in November 2024, up 20.8% from last month, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $120K-
N/A
3 -$145K
N/A
4 --
N/A
5+ --
N/A

Summary: Smithville housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Smithville, OK

How many homes are available in Smithville, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
32-33.3%

Summary: The Smithville real estate market had 2 homes for sale in November 2024, a 33.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 10
-100.0%
3 22
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Smithville 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 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Smithville, 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 Smithville in November 2024, the same as the previous 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 Smithville, OK

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Smithville, OK

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