Is Van Buren, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Van Buren is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Van Buren has remained a Seller's Market.

Key Takeaway

Van Buren is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Van Buren, OK

How much do homes in Van Buren, OK cost?

Median Sold Price

$246,123

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$13,123(+5.6%)

Key Takeaway

Homes in Van Buren have sold for 5.6% more than they did a year ago.

Summary: The median home sold price in Van Buren was $246,123 in October 2024, up 5.6% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $206K$234K
+13.6%
3 $230K$232.5K
+1.1%
4 $325K$292K
-10.2%
5+ $304.9K$368K
+20.7%

Summary: Van Buren 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 13.6%, 3 bedroom homes increased by 1.1%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 20.7%.

Housing Supply in Van Buren, OK

How many homes are available in Van Buren, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2726-3.7%

Summary: The Van Buren real estate market had 26 homes for sale in October 2024, a 3.7% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 33
0.0%
3 1919
0.0%
4 43
-25.0%
5+ 11
0.0%

Summary: The Van Buren 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
510+100.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Van Buren, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Van Buren in October 2024, up by 100.0% month-over-month. Of the 10 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for Van Buren, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days21 Days-38.9%

Summary: Homes in Van Buren had an average of 21 days on market in Oct 2024, down by 38.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 10 homes were sold in Van Buren; 80% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 10% 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 23 Days Ago

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