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 November 2023

Since last year, 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

$227,001

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,449(-5.2%)

Key Takeaway

Homes in Stillwater have sold for 5.2% less than they did a year ago.

Summary: The median home sold price in Stillwater was $227,001 in November 2024, down 5.2% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $82.5K$129.9K
+57.5%
2 $185.6K$165K
-11.1%
3 $222.3K$218.4K
-1.7%
4 $280K$268K
-4.3%
5+ $330.1K$635K
+92.3%

Summary: Stillwater housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 57.5%, 2 bedroom homes decreased by 11.1%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 92.3%.

Housing Supply in Stillwater, OK

How many homes are available in Stillwater, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4548+6.7%

Summary: The Stillwater real estate market had 48 homes for sale in November 2024, a 6.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 2728
+3.7%
4 1111
0.0%
5+ 58
+60.0%

Summary: The Stillwater 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 50%, 3 bedroom homes increased by 3.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 60%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1310-23.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were 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. 40% of homes here sold near the asking price last month.

Summary: A total of 10 homes were sold or pending in Stillwater in November 2024, down by 23.1% month-over-month. Of the 10 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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

Nov 2023Nov 2024CHANGE
56 Days40 Days-27.9%

Summary: Homes in Stillwater had an average of 40 days on market in Nov 2024, down by 27.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Stillwater has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Stillwater; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% 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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