Is Warr Acres, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warr Acres is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Warr Acres was a Seller's Market.

Key Takeaway

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

Housing Prices in Warr Acres, OK

How much do homes in Warr Acres, OK cost?

Median Sold Price

$200,250

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$16,250(+8.8%)

Key Takeaway

Homes in Warr Acres have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Warr Acres was $200,250 in November 2024, up 8.8% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $51.2K$57.5K
+12.2%
2 $107K$136.8K
+27.9%
3 $185K$198K
+7.0%
4 $209.5K$281.7K
+34.5%
5+ $260.3K$282K
+8.3%

Summary: Warr Acres housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 12.2%, 2 bedroom homes increased by 27.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 34.5%, and 5+ bedroom homes increased by 8.3%.

Median Sold Price Compared To Nearby Cities

Warr Acres
+8.8%
Oklahoma City Southwest
+1.8%
Oklahoma City
+1.4%
Bethany
0.3%

Housing Supply in Warr Acres, OK

How many homes are available in Warr Acres, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3329-12.1%

Summary: The Warr Acres real estate market had 29 homes for sale in November 2024, a 12.1% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 12
+100.0%
2 52
-60.0%
3 1918
-5.3%
4 87
-12.5%
5+ 00
0.0%

Summary: The Warr Acres housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 60%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
84-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warr Acres, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Warr Acres in November 2024, down by 50.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.

Days on Market for Warr Acres, OK

How long does it take to sell a home in Warr Acres, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days22 Days-49.3%

Summary: Homes in Warr Acres had an average of 22 days on market in Nov 2024, down by 49.3% compared to last year.

Breakdown of Home Sale Times

3 Homes Were 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 Warr Acres are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Warr Acres; 75% of homes were sold within 30 days, 25% 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 17 Days Ago

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