Is Bartlesville, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Bartlesville has remained a Seller's Market.
Key Takeaway
Bartlesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bartlesville, OK
How much do homes in Bartlesville, OK cost?
Median Sold Price
$175,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Bartlesville have sold for 2% less than they did a year ago.
Summary: The median home sold price in Bartlesville was $175,000 in May 2024, down 2% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $55K | +10.0% |
| 2 Bedrooms | $84.5K | $92.5K | +9.5% |
| 3 Bedrooms | $160.6K | $164K | +2.1% |
| 4 Bedrooms | $270K | $284K | +5.2% |
| 5+ Bedrooms | $304.7K | $368K | +20.8% |
Summary: Bartlesville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 2.1%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 20.8%.
Median Sold Price Compared To Nearby Cities
| Bartlesville | $178.5K | $175K | -2.0% |
| Bartlesville | $179K | $175K | -2.2% |
| Ochelata-Ramona | $305K | $270K | -11.5% |
| Dewey | $117.5K | $98.4K | -16.2% |
Housing Supply in Bartlesville, OK
How many homes are available in Bartlesville, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 193 | 186 | -3.6% |
Summary: The Bartlesville real estate market had 186 homes for sale in May 2024, a 3.6% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 28 | 28 | 0.0% |
| 3 Bedrooms | 96 | 86 | -10.4% |
| 4 Bedrooms | 52 | 51 | -1.9% |
| 5+ Bedrooms | 16 | 20 | +25.0% |
Summary: The Bartlesville 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 remained the same, 3 bedroom homes decreased by 10.4%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 67 | 53 | -20.9% |
Asking Price vs. Sold Price
27 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bartlesville, you may be able to get a good deal. 50.9% of homes here sold below asking price last month.
Summary: A total of 53 homes were sold or pending in Bartlesville in May 2024, down by 20.9% month-over-month. Of the 53 sold homes, 51% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Bartlesville, OK
How long does it take to sell a home in Bartlesville, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 13 Days | 27 Days | +96.7% |
Summary: Homes in Bartlesville had an average of 27 days on market in May 2024, up by 96.7% compared to last year.
Breakdown of Home Sale Times
41 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Bartlesville are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 53 homes were sold in Bartlesville; 77% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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Listings courtesy of Heartland Multiple Listing Service Inc. as distributed by MLS GRID.