Is Sperry, 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, Sperry has remained a Seller's Market.
Key Takeaway
Sperry is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sperry, OK
How much do homes in Sperry, OK cost?
Median Sold Price
$237,000
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Sperry have sold for 18.3% less than they did a year ago.
Summary: The median home sold price in Sperry was $237,000 in May 2024, down 18.3% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $20K | $28K | +40.0% |
| 2 Bedrooms | $140K | $153K | +9.3% |
| 3 Bedrooms | $252.5K | $205K | -18.8% |
| 4 Bedrooms | $423.5K | $491K | +15.9% |
| 5+ Bedrooms | $652K | $873.7K | +34.0% |
Summary: Sperry housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 9.3%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes increased by 15.9%, and 5+ bedroom homes increased by 34%.
Median Sold Price Compared To Nearby Cities
| Skiatook | $245K | $280K | +14.3% |
| Southeast Osage | $259.5K | $275K | +6.0% |
| Sand Springs | $231.9K | $235K | +1.3% |
| Sperry | $290K | $237K | -18.3% |
| Sperry | $262.5K | $212.5K | -19.0% |
Housing Supply in Sperry, OK
How many homes are available in Sperry, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 23 | 20 | -13.0% |
Summary: The Sperry real estate market had 20 homes for sale in May 2024, a 13.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 12 | 9 | -25.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Sperry 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 25%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sperry, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Sperry in May 2024, down by 37.5% month-over-month. Of the 5 sold homes, 40% were sold under asking, 20% were sold at asking, and 40% were sold over asking.
Days on Market for Sperry, OK
How long does it take to sell a home in Sperry, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 25 Days | 36 Days | +44.2% |
Summary: Homes in Sperry had an average of 36 days on market in May 2024, up by 44.2% 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 Sperry are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 5 homes were sold in Sperry; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
