Is Weatherford, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Weatherford is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Weatherford was a Neutral Market.

Key Takeaway

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

Housing Prices in Weatherford, OK

How much do homes in Weatherford, OK cost?

Median Sold Price

$205,000

$130/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+2.5%)

Key Takeaway

Homes in Weatherford have sold for 2.5% more than they did a year ago.

Summary: The median home sold price in Weatherford was $205,000 in November 2024, up 2.5% from last year, and the median price per square foot was $130.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $57.5K-
N/A
2 $136K$140K
+2.9%
3 $200K$205K
+2.5%
4 $302K$295K
-2.3%
5+ $505.6K$275K
-45.6%

Summary: Weatherford 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 2.9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes decreased by 45.6%.

Housing Supply in Weatherford, OK

How many homes are available in Weatherford, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6964-7.2%

Summary: The Weatherford real estate market had 64 homes for sale in November 2024, a 7.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 44
0.0%
3 3531
-11.4%
4 2322
-4.3%
5+ 76
-14.3%

Summary: The Weatherford 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 remained the same, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1411-21.4%

Asking Price vs. Sold Price

8 Homes Were 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 Weatherford, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Weatherford in November 2024, down by 21.4% month-over-month. Of the 11 sold homes, 73% were sold under asking, 27% were sold at asking, and 0% were sold over asking.

Days on Market for Weatherford, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
77 Days37 Days-51.8%

Summary: Homes in Weatherford had an average of 37 days on market in Nov 2024, down by 51.8% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 11 homes were sold in Weatherford; 55% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 9% 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 21 Days Ago

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