Is West Jackson, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Jackson is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, West Jackson has remained a Seller's Market.

Key Takeaway

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

Housing Prices in West Jackson, OK

How much do homes in West Jackson, OK cost?

Median Sold Price

$195,000

$92/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$133,500(-40.6%)

Key Takeaway

Homes in West Jackson have sold for 40.6% less than they did a month ago.

Summary: The median home sold price in West Jackson was $195,000 in November 2024, down 40.6% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $145K$195K
+34.5%
4 $512K-
N/A
5+ --
N/A

Summary: West Jackson 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 34.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in West Jackson, OK

How many homes are available in West Jackson, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
74-42.9%

Summary: The West Jackson real estate market had 4 homes for sale in November 2024, a 42.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 32
-33.3%
5+ 00
0.0%

Summary: The West Jackson 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 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in West Jackson, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in West Jackson in November 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Jackson, OK

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

Average Sale Time

Oct 2024Nov 2024CHANGE
99 Days23 Days-76.8%

Summary: Homes in West Jackson had an average of 23 days on market in Nov 2024, down by 76.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in West Jackson; 100% of homes were sold within 30 days, 0% 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 2 Days Ago

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