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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stillwater is a seller's market

Buyer's
Market

Difference Since Last Month

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

Key Takeaway

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

Housing Prices in Stillwater, OK

How much do homes in Stillwater, OK cost?

Median Sold Price

$229,796

$162/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$4,196(-1.8%)

Key Takeaway

Homes in Stillwater have sold for 1.8% less than they did a month ago.

Summary: The median home sold price in Stillwater was $229,796 in October 2024, down 1.8% from last month, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $160K$45K
-71.9%
3 $223.3K$226.6K
+1.5%
4 $273.5K$289.8K
+6.0%
5+ -$399.5K
N/A

Summary: Stillwater housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 71.9%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 6%, and 5+ bedroom homes did not change.

Housing Supply in Stillwater, OK

How many homes are available in Stillwater, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6050-16.7%

Summary: The Stillwater real estate market had 50 homes for sale in October 2024, a 16.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 3730
-18.9%
4 1411
-21.4%
5+ 56
+20.0%

Summary: The Stillwater 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 decreased by 25%, 3 bedroom homes decreased by 18.9%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2012-40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stillwater, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 12 homes were sold or pending in Stillwater in October 2024, down by 40.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 50% were sold at asking, and 8% were sold over asking.

Days on Market for Stillwater, OK

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

Average Sale Time

Sep 2024Oct 2024CHANGE
42 Days37 Days-11.5%

Summary: Homes in Stillwater had an average of 37 days on market in Oct 2024, down by 11.5% compared to last month.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 12 homes were sold in Stillwater; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 17 Days Ago

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