$2,730 Closing Credit*
$229,900
1,280 SqFt
3 Beds
•2 Full Baths
Brie Green, Listing Office: Metro First Realty
Is The Village, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, The Village has remained a Seller's Market.
Key Takeaway
The Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in The Village, OK
How much do homes in The Village, OK cost?
Median Sold Price
$228,250
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$8,250(+3.8%)
Key Takeaway
Homes in The Village have sold for 3.8% more than they did a year ago.
Summary: The median home sold price in The Village was $228,250 in October 2024, up 3.8% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.4K | $176.2K | -1.8% |
| 3 Bedrooms | $225K | $232K | +3.1% |
| 4 Bedrooms | $312.5K | $327K | +4.6% |
| 5+ Bedrooms | $296.5K | $316K | +6.6% |
Summary: The Village 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 decreased by 1.8%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes increased by 6.6%.
Median Sold Price Compared To Nearby Cities
| The Village | $220K | $228.2K | +3.8% |
| Nichols Hills | $847.5K | $875K | +3.2% |
| Oklahoma City Southwest | $212.2K | $215.4K | +1.5% |
| Oklahoma City | $249.9K | $252.5K | +1.0% |
Housing Supply in The Village, OK
How many homes are available in The Village, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 77 | 85 | +10.4% |
Summary: The The Village real estate market had 85 homes for sale in October 2024, a 10.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 17 | +41.7% |
| 3 Bedrooms | 57 | 59 | +3.5% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Village 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 increased by 41.7%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 18 | -21.7% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in The Village, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in The Village in October 2024, down by 21.7% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 24 Days | -11.5% |
Summary: Homes in The Village had an average of 24 days on market in Oct 2024, down by 11.5% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in The Village are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 18 homes were sold in The Village; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
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