Is Afton, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Afton was a Seller's Market.
Key Takeaway
Afton 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 Afton, OK
How much do homes in Afton, OK cost?
Median Sold Price
$436,900
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Afton have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Afton was $436,900 in May 2024, up 2.8% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $69.4K | $145K | +108.9% |
| 2 Bedrooms | $325K | $231K | -28.9% |
| 3 Bedrooms | $410K | $425K | +3.7% |
| 4 Bedrooms | $620.9K | $584.9K | -5.8% |
| 5+ Bedrooms | $545K | $760K | +39.4% |
Summary: Afton housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108.9%, 2 bedroom homes decreased by 28.9%, 3 bedroom homes increased by 3.7%, 4 bedroom homes decreased by 5.8%, and 5+ bedroom homes increased by 39.4%.
Median Sold Price Compared To Nearby Cities
| Afton | $425K | $436.9K | +2.8% |
| Afton | $442.5K | $436.9K | -1.3% |
Housing Supply in Afton, OK
How many homes are available in Afton, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 36 | 40 | +11.1% |
Summary: The Afton real estate market had 40 homes for sale in May 2024, a 11.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 3 | 6 | +100.0% |
| 3 Bedrooms | 16 | 17 | +6.3% |
| 4 Bedrooms | 12 | 11 | -8.3% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Afton housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 6 | +20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Afton, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Afton in May 2024, up by 20.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Afton, OK
How long does it take to sell a home in Afton, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 57 Days | 46 Days | -18.7% |
Summary: Homes in Afton had an average of 46 days on market in May 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Afton are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 6 homes were sold in Afton; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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