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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Talala is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Talala has remained a Neutral Market.

Key Takeaway

Talala is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Talala, OK

How much do homes in Talala, OK cost?

Median Sold Price

$469,633

$215/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$103,633(+28.3%)

Key Takeaway

Homes in Talala have sold for 28.3% more than they did a month ago.

Summary: The median home sold price in Talala was $469,633 in November 2024, up 28.3% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $297K-
N/A
3 $435K-
N/A
4 -$469.6K
N/A
5+ --
N/A

Summary: Talala 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 Talala, OK

How many homes are available in Talala, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1213+8.3%

Summary: The Talala real estate market had 13 homes for sale in November 2024, a 8.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 32
-33.3%
3 56
+20.0%
4 34
+33.3%
5+ 11
0.0%

Summary: The Talala 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 33.3%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

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

Summary: A total of 2 homes were sold or pending in Talala in November 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Talala, OK

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

Average Sale Time

Oct 2024Nov 2024CHANGE
34 Days18 Days-46.4%

Summary: Homes in Talala had an average of 18 days on market in Nov 2024, down by 46.4% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Talala; 50% of homes were sold within 30 days, 50% 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 21 Days Ago

Newest Listings in Talala, OK

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