$120,000
20.00 Acres
Land
Skylar Finnestad, Listing Office: Salt Real Estate Pauls Valley
Is Wynnewood, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Wynnewood was a Seller's Market.
Key Takeaway
Wynnewood is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Wynnewood, OK
How much do homes in Wynnewood, OK cost?
Median Sold Price
$154,000
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$35,000(-18.5%)
Key Takeaway
Homes in Wynnewood have sold for 18.5% less than they did a year ago.
Summary: The median home sold price in Wynnewood was $154,000 in October 2024, down 18.5% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $45K | N/A |
| 2 Bedrooms | $225K | $128.7K | -42.8% |
| 3 Bedrooms | $166K | $165K | -0.6% |
| 4 Bedrooms | $255K | $270K | +5.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: Wynnewood housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 42.8%, 3 bedroom homes decreased by 0.6%, 4 bedroom homes increased by 5.9%, 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
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 27 | +12.5% |
Summary: The Wynnewood real estate market had 27 homes for sale in October 2024, a 12.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 4 | -20.0% |
| 3 Bedrooms | 15 | 17 | +13.3% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Wynnewood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 13.3%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wynnewood, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Wynnewood in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 30 Days | 57 Days | +86.2% |
Summary: Homes in Wynnewood had an average of 57 days on market in Oct 2024, up by 86.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Wynnewood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Wynnewood; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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