$2,849 Closing Credit*
$239,900
1,254 SqFt
3 Beds
•1 Full Bath, 1 Partial
Lindsey Owen, Listing Office: Chinowth & Cohen
Is The Village, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, The Village was a Seller's Market.
Key Takeaway
The Village is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in The Village, OK
How much do homes in The Village, OK cost?
Median Sold Price
$228,250
$177/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,000(+4.6%)
Key Takeaway
Homes in The Village have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in The Village was $228,250 in November 2024, up 4.6% from last year, and the median price per square foot was $177.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $172K | $181K | +5.2% |
| 3 Bedrooms | $220K | $230K | +4.5% |
| 4 Bedrooms | $312.5K | $312.5K | 0.0% |
| 5+ Bedrooms | $296.5K | $316K | +6.6% |
Summary: The Village housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.2%, 3 bedroom homes increased by 4.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| Nichols Hills | $835K | $910K | +9.0% |
| The Village | $218.2K | $228.2K | +4.6% |
| Oklahoma City Southwest | $212.5K | $216.3K | +1.8% |
| Oklahoma City | $249.9K | $253.6K | +1.4% |
Housing Supply in The Village, OK
How many homes are available in The Village, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 85 | +4.9% |
Summary: The The Village real estate market had 85 homes for sale in November 2024, a 4.9% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 13 | -23.5% |
| 3 Bedrooms | 57 | 62 | +8.8% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Village 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 23.5%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 10 | -50.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in The Village, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in The Village in November 2024, down by 50.0% month-over-month. Of the 10 sold homes, 60% were sold under asking, 30% were sold at asking, and 10% were sold over asking.
Days on Market for The Village, OK
How long does it take to sell a home in The Village, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 21 Days | -5.4% |
Summary: Homes in The Village had an average of 21 days on market in Nov 2024, down by 5.4% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in The Village are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 10 homes were sold in The Village; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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