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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wellston is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Wellston was a Seller's Market.

Key Takeaway

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

Housing Prices in Wellston, OK

How much do homes in Wellston, OK cost?

Median Sold Price

$362,500

$142/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$215,050(+145.8%)

Key Takeaway

Homes in Wellston have sold for 145.8% more than they did a month ago.

Summary: The median home sold price in Wellston was $362,500 in November 2024, up 145.8% from last month, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $147.4K$362.5K
+145.8%
4 --
N/A
5+ --
N/A

Summary: Wellston housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 145.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wellston, OK

How many homes are available in Wellston, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2019-5.0%

Summary: The Wellston real estate market had 19 homes for sale in November 2024, a 5.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 22
0.0%
3 119
-18.2%
4 56
+20.0%
5+ 22
0.0%

Summary: The Wellston 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 remained the same, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wellston, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Wellston in November 2024, down by 50.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.

Days on Market for Wellston, OK

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

Average Sale Time

Oct 2024Nov 2024CHANGE
44 Days48 Days+8.5%

Summary: Homes in Wellston had an average of 48 days on market in Nov 2024, up by 8.5% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Wellston; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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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