Is Bartlesville, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bartlesville is a seller's market

Buyer's
Market

Difference Since March 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

$170,000

$101/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$1,066(-0.6%)

Key Takeaway

Homes in Bartlesville have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Bartlesville was $170,000 in March 2024, down 0.6% from last year, and the median price per square foot was $101.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $50.5K$55K
+8.9%
2 $84K$92.2K
+9.8%
3 $153.6K$160.6K
+4.6%
4 $261.9K$279.9K
+6.9%
5+ $281K$324.5K
+15.5%

Summary: Bartlesville housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 15.5%.

Median Sold Price Compared To Nearby Cities

Dewey
+2.9%
Bartlesville
-0.6%
Bartlesville
-3.2%

Housing Supply in Bartlesville, OK

How many homes are available in Bartlesville, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
183173-5.5%

Summary: The Bartlesville real estate market had 173 homes for sale in March 2024, a 5.5% decrease compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 65
-16.7%
2 2121
0.0%
3 7877
-1.3%
4 6355
-12.7%
5+ 1515
0.0%

Summary: The Bartlesville housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
5354+1.9%

Asking Price vs. Sold Price

32 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bartlesville, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 54 homes were sold or pending in Bartlesville in March 2024, up by 1.9% month-over-month. Of the 54 sold homes, 59% were sold under asking, 31% were sold at asking, and 9% 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

Mar 2023Mar 2024CHANGE
28 Days31 Days+10.1%

Summary: Homes in Bartlesville had an average of 31 days on market in Mar 2024, up by 10.1% compared to last year.

Breakdown of Home Sale Times

36 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Bartlesville are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 54 homes were sold in Bartlesville; 67% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% 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 18 Days Ago

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