Is Vinita East, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Vinita East is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Vinita East was a Seller's Market.

Key Takeaway

Vinita East is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Vinita East, OK

How much do homes in Vinita East, OK cost?

Median Sold Price

$149,000

$96/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$11,000(-6.9%)

Key Takeaway

Homes in Vinita East have sold for 6.9% less than they did a year ago.

Summary: The median home sold price in Vinita East was $149,000 in October 2024, down 6.9% from last year, and the median price per square foot was $96.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $55K$103.5K
+88.2%
3 $160K$167.5K
+4.7%
4 $200K$160.5K
-19.8%
5+ $199K$162.4K
-18.4%

Summary: Vinita East 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 88.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 19.8%, and 5+ bedroom homes decreased by 18.4%.

Median Sold Price Compared To Nearby Cities

Vinita
-5.7%
Vinita East
-6.9%
Afton
-7.9%

Housing Supply in Vinita East, OK

How many homes are available in Vinita East, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2827-3.6%

Summary: The Vinita East real estate market had 27 homes for sale in October 2024, a 3.6% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 1614
-12.5%
4 13
+200.0%
5+ 44
0.0%

Summary: The Vinita East 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 decreased by 14.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
82-75.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Vinita East, 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 East in October 2024, down by 75.0% 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 East, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
8 Days43 Days+411.8%

Summary: Homes in Vinita East had an average of 43 days on market in Oct 2024, up by 411.8% compared to last year.

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 Vinita East are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 2 homes were sold in Vinita East; 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 20 Days Ago

Newest Listings in Vinita East, OK

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