Is Northwest Pontotoc, 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, Northwest Pontotoc was a Seller's Market.
Housing Prices in Northwest Pontotoc, OK
How much do homes in Northwest Pontotoc, OK cost?
Median Sold Price
$195,000
$140/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Northwest Pontotoc was $195,000 in May 2024, down 9.8% from last year, and the median price per square foot was $140.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $101.5K | $155K | +52.7% |
3 Bedrooms | $216.2K | $182.4K | -15.6% |
4 Bedrooms | $227.5K | $222K | -2.4% |
5+ Bedrooms | $470K | $355K | -24.5% |
Summary: Northwest Pontotoc housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 52.7%, 3 bedroom homes decreased by 15.6%, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 24.5%.
Median Sold Price Compared To Nearby Cities
Northeast Pontotoc | $210K | $231.4K | +10.2% |
Ada | $178.9K | $175K | -2.2% |
Northwest Pontotoc | $216.2K | $195K | -9.8% |
Housing Supply in Northwest Pontotoc, OK
How many homes are available in Northwest Pontotoc, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
12 | 12 | 0.0% |
Summary: The Northwest Pontotoc real estate market had 12 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 6 | 5 | -16.7% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Northwest Pontotoc 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 decreased by 33.3%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Northwest Pontotoc in May 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Northwest Pontotoc, OK
How long does it take to sell a home in Northwest Pontotoc, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
80 Days | 9 Days | -88.8% |
Summary: Homes in Northwest Pontotoc had an average of 9 days on market in May 2024, down by 88.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in Northwest Pontotoc; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.