Is Bethany, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Bethany has remained a Seller's Market.
Key Takeaway
Bethany is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Bethany, OK
How much do homes in Bethany, OK cost?
Median Sold Price
$185,000
$128/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Bethany have sold for 2.8% more than they did a year ago.
Summary: The median home sold price in Bethany was $185,000 in March 2024, up 2.8% from last year, and the median price per square foot was $128.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $96.5K | $172K | +78.2% |
| 2 Bedrooms | $116K | $131K | +12.9% |
| 3 Bedrooms | $175K | $185.5K | +6.0% |
| 4 Bedrooms | $225K | $268K | +19.1% |
| 5+ Bedrooms | $225K | $222.5K | -1.1% |
Summary: Bethany housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 78.2%, 2 bedroom homes increased by 12.9%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 19.1%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Warr Acres | $175K | $195K | +11.4% |
| Bethany | $179.9K | $185K | +2.8% |
| Oklahoma City Southwest | $209.8K | $215K | +2.5% |
| Oklahoma City | $245K | $250K | +2.0% |
Housing Supply in Bethany, OK
How many homes are available in Bethany, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 51 | 69 | +35.3% |
Summary: The Bethany real estate market had 69 homes for sale in March 2024, a 35.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 15 | +36.4% |
| 3 Bedrooms | 30 | 35 | +16.7% |
| 4 Bedrooms | 8 | 16 | +100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Bethany housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 15 | +150.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Bethany, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Bethany in March 2024, up by 150.0% month-over-month. Of the 15 sold homes, 47% were sold under asking, 27% were sold at asking, and 27% were sold over asking.
Days on Market for Bethany, OK
How long does it take to sell a home in Bethany, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 8 Days | 28 Days | +218.8% |
Summary: Homes in Bethany had an average of 28 days on market in Mar 2024, up by 218.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Bethany are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 15 homes were sold in Bethany; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
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