$2,374 Closing Credit*
$199,900
1,838 SqFt
4 Beds
•2 Full Baths, 1 Partial
Brett C Watson, Listing Office: Hamilwood Real Estate
Is Southeast Oklahoma City, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Southeast Oklahoma City has remained a Seller's Market.
Key Takeaway
Southeast Oklahoma City is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southeast Oklahoma City, OK
How much do homes in Southeast Oklahoma City, OK cost?
Median Sold Price
$287,208
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$263(+0.1%)
Key Takeaway
The sold price of homes in Southeast Oklahoma City has remained the same since last year.
Summary: The median home sold price in Southeast Oklahoma City was $287,208 in October 2024, up 0.1% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $148.8K | N/A |
| 2 Bedrooms | $110K | $190K | +72.7% |
| 3 Bedrooms | $226.3K | $250.6K | +10.8% |
| 4 Bedrooms | $389.9K | $405K | +3.9% |
| 5+ Bedrooms | $540K | $485K | -10.2% |
Summary: Southeast Oklahoma City housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 72.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes decreased by 10.2%.
Housing Supply in Southeast Oklahoma City, OK
How many homes are available in Southeast Oklahoma City, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 147 | 151 | +2.7% |
Summary: The Southeast Oklahoma City real estate market had 151 homes for sale in October 2024, a 2.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 98 | 91 | -7.1% |
| 4 Bedrooms | 32 | 41 | +28.1% |
| 5+ Bedrooms | 12 | 14 | +16.7% |
Summary: The Southeast Oklahoma City housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 28.1%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 31 | -8.8% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Oklahoma City, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in Southeast Oklahoma City in October 2024, down by 8.8% month-over-month. Of the 31 sold homes, 48% were sold under asking, 45% were sold at asking, and 6% were sold over asking.
Days on Market for Southeast Oklahoma City, OK
How long does it take to sell a home in Southeast Oklahoma City, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 32 Days | -1.1% |
Summary: Homes in Southeast Oklahoma City had an average of 32 days on market in Oct 2024, down by 1.1% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Oklahoma City are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 31 homes were sold in Southeast Oklahoma City; 65% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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