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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wynnewood is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Wynnewood, OK

How much do homes in Wynnewood, OK cost?

Median Sold Price

$159,750

$110/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$22,250(-12.2%)

Key Takeaway

Homes in Wynnewood have sold for 12.2% less than they did a year ago.

Summary: The median home sold price in Wynnewood was $159,750 in November 2024, down 12.2% from last year, and the median price per square foot was $110.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$45K
N/A
2 $85K$130K
+52.9%
3 $172K$167.5K
-2.6%
4 $238.9K$270K
+13.0%
5+ --
N/A

Summary: Wynnewood 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 52.9%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 13%, and 5+ bedroom homes did not change.

Housing Supply in Wynnewood, OK

How many homes are available in Wynnewood, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
25250.0%

Summary: The Wynnewood real estate market had 25 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 31
-66.7%
3 1717
0.0%
4 34
+33.3%
5+ 12
+100.0%

Summary: The Wynnewood 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 decreased by 66.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
43-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wynnewood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Wynnewood in November 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.

Days on Market for Wynnewood, OK

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

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days83 Days+58.2%

Summary: Homes in Wynnewood had an average of 83 days on market in Nov 2024, up by 58.2% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wynnewood has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Wynnewood; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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

Newest Listings in Wynnewood, OK

Nearby Markets to Wynnewood, OK