Housing Prices in Nichols Hills, OK
How much do homes in Nichols Hills, OK cost?
Median List Price
$850,000
$288/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Key Takeaway
The list price of homes in Nichols Hills has decreased by 9.5% since last year.
Summary: The median home list price in Nichols Hills was $850,000 in May 2024, down 9.5% from the previous year, and the median price per square foot was $288.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $240K | $245K | +2.1% |
| 2 Bedrooms | $475K | $444.9K | -6.3% |
| 3 Bedrooms | $499K | $525K | +5.2% |
| 4 Bedrooms | $1.2M | $1.5M | +19.7% |
| 5+ Bedrooms | $1.5M | $2.4M | +56.9% |
Summary: Nichols Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes decreased by 6.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 19.7%, and 5+ bedroom homes increased by 56.9%.
Median List Price Compared To Nearby Cities
| Oklahoma City Southwest | $215K | $225K | +4.6% |
| Oklahoma City | $253.3K | $264.5K | +4.4% |
| The Village | $219.8K | $225K | +2.3% |
| Nichols Hills | $939K | $850K | -9.5% |
Housing Supply in Nichols Hills, OK
How many homes are available in Nichols Hills, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 28 | 29 | +3.6% |
Summary: The Nichols Hills real estate market had 29 homes for sale in May 2024, a 3.6% increase 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 | 1 | 4 | +300.0% |
| 3 Bedrooms | 11 | 11 | 0.0% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The Nichols Hills 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 300%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 25%.
Days on Market for Nichols Hills, OK
How long does it take to sell a home in Nichols Hills, OK?
Average Listing Age
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 120 Days | 58 Days | -51.3% |
Summary: Homes in Nichols Hills had an average listing age of 58 days in May 2024, down by 51.3% compared to the previous year.
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