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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing West Love is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, West Love was a Buyer's Market.

Key Takeaway

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

Housing Prices in West Love, OK

How much do homes in West Love, OK cost?

Median Sold Price

$107,000

$92/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

+$2,000(+1.9%)

Key Takeaway

Homes in West Love have sold for 1.9% more than they did a month ago.

Summary: The median home sold price in West Love was $107,000 in December 2024, up 1.9% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$62K
N/A
2 --
N/A
3 $105K$800K
+661.9%
4 -$107K
N/A
5+ --
N/A

Summary: West Love housing prices by bedroom type for December 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 661.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

West Love
+1.9%
Burneyville
-19.5%

Housing Supply in West Love, OK

How many homes are available in West Love, OK?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1112+9.1%

Summary: The West Love real estate market had 12 homes for sale in December 2024, a 9.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 34
+33.3%
2 11
0.0%
3 54
-20.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The West Love housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were 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 Love, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in West Love in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for West Love, OK

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

Average Sale Time

Nov 2024Dec 2024CHANGE
21 Days17 Days-17.5%

Summary: Homes in West Love had an average of 17 days on market in Dec 2024, down by 17.5% compared to last month.

Breakdown of Home Sale Times

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

Summary: During December 2024, 3 homes were sold in West Love; 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 4 Days Ago

Newest Listings in West Love, OK

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