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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Stratford is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Stratford has remained a Buyer's Market.

Key Takeaway

Stratford is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Stratford, OK

How much do homes in Stratford, OK cost?

Median Sold Price

$170,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,500(-6.3%)

Key Takeaway

Homes in Stratford have sold for 6.3% less than they did a year ago.

Summary: The median home sold price in Stratford was $170,000 in October 2024, down 6.3% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$95K
N/A
2 $65K$93K
+43.1%
3 $181.5K$202K
+11.3%
4 $375K$279.9K
-25.3%
5+ --
N/A

Summary: Stratford 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 43.1%, 3 bedroom homes increased by 11.3%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes did not change.

Housing Supply in Stratford, OK

How many homes are available in Stratford, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2225+13.6%

Summary: The Stratford real estate market had 25 homes for sale in October 2024, a 13.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 35
+66.7%
3 1618
+12.5%
4 22
0.0%
5+ 00
0.0%

Summary: The Stratford housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Stratford, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Stratford in October 2024, down by 25.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Stratford, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days39 Days+13.3%

Summary: Homes in Stratford had an average of 39 days on market in Oct 2024, up by 13.3% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Stratford; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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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