Is Oak Creek Club, MD a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oak Creek Club is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Oak Creek Club was a Seller's Market.

Key Takeaway

Oak Creek Club 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 Oak Creek Club, MD

How much do homes in Oak Creek Club, MD cost?

Median Sold Price

$530,000

$175/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$20,000(-3.6%)

Key Takeaway

Homes in Oak Creek Club have sold for 3.6% less than they did a month ago.

Summary: The median home sold price in Oak Creek Club was $530,000 in April 2024, down 3.6% from last month, and the median price per square foot was $175.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $542.5K$530K
-2.3%
4 --
N/A
5+ $799K-
N/A

Summary: Oak Creek Club housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 2.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Oak Creek Club, MD

How many homes are available in Oak Creek Club, MD?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
76-14.3%

Summary: The Oak Creek Club real estate market had 6 homes for sale in April 2024, a 14.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 42
-50.0%
4 00
0.0%
5+ 34
+33.3%

Summary: The Oak Creek Club housing inventory by bedroom type for April 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 50%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oak Creek Club, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Oak Creek Club in April 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 Oak Creek Club, MD

How long does it take to sell a home in Oak Creek Club, MD?

Average Sale Time

Mar 2024Apr 2024CHANGE
11 Days34 Days+209.1%

Summary: Homes in Oak Creek Club had an average of 34 days on market in Apr 2024, up by 209.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Oak Creek Club has remained consistent over time.

Summary: During April 2024, 1 homes were sold in Oak Creek Club; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

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