$582 Closing Credit*
$49,000
1,248 SqFt
3 Beds
•1 Full Bath
Paula Wrestler, Listing Office: Vaughn Quality Real Estate
Is Vinita, 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, Vinita was a Seller's Market.
Key Takeaway
Vinita is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Vinita, OK
How much do homes in Vinita, OK cost?
Median Sold Price
$176,250
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$4,250(+2.5%)
Key Takeaway
Homes in Vinita have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Vinita was $176,250 in November 2024, up 2.5% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $106K | - | N/A |
| 2 Bedrooms | $70.5K | $98.2K | +39.3% |
| 3 Bedrooms | $167.4K | $195K | +16.5% |
| 4 Bedrooms | $314K | $275K | -12.4% |
| 5+ Bedrooms | $491.5K | $162.4K | -67.0% |
Summary: Vinita 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 39.3%, 3 bedroom homes increased by 16.5%, 4 bedroom homes decreased by 12.4%, and 5+ bedroom homes decreased by 67%.
Housing Supply in Vinita, OK
How many homes are available in Vinita, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 39 | 43 | +10.3% |
Summary: The Vinita real estate market had 43 homes for sale in November 2024, a 10.3% 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 | 7 | 10 | +42.9% |
| 3 Bedrooms | 25 | 25 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Vinita 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 increased by 42.9%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Vinita, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Vinita in November 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Vinita, OK
How long does it take to sell a home in Vinita, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 94 Days | +537.1% |
Summary: Homes in Vinita had an average of 94 days on market in Nov 2024, up by 537.1% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Vinita has remained consistent over time.
Summary: During November 2024, 2 homes were sold in Vinita; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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