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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethany is a seller's market

Buyer's
Market

Difference Since September 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

$181,500

$132/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$8,400(-4.4%)

Key Takeaway

Homes in Bethany have sold for 4.4% less than they did a year ago.

Summary: The median home sold price in Bethany was $181,500 in September 2024, down 4.4% from last year, and the median price per square foot was $132.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $115.2K$100K
-13.2%
2 $121.5K$132.5K
+9.1%
3 $189.9K$185K
-2.6%
4 $255K$262.5K
+2.9%
5+ $379.6K$217.5K
-42.7%

Summary: Bethany housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.2%, 2 bedroom homes increased by 9.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 42.7%.

Median Sold Price Compared To Nearby Cities

Warr Acres
+11.4%
Oklahoma City Southwest
+1.8%
Oklahoma City
0.2%
Bethany
-4.4%

Housing Supply in Bethany, OK

How many homes are available in Bethany, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7459-20.3%

Summary: The Bethany real estate market had 59 homes for sale in September 2024, a 20.3% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 75
-28.6%
3 5248
-7.7%
4 136
-53.8%
5+ 20
-100.0%

Summary: The Bethany housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes decreased by 7.7%, 4 bedroom homes decreased by 53.8%, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2220-9.1%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethany, you may be able to get a good deal. 55% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Bethany in September 2024, down by 9.1% month-over-month. Of the 20 sold homes, 55% were sold under asking, 20% were sold at asking, and 25% 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

Sep 2023Sep 2024CHANGE
20 Days26 Days+27.9%

Summary: Homes in Bethany had an average of 26 days on market in Sep 2024, up by 27.9% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 20 homes were sold in Bethany; 75% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 10% 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 15 Days Ago

Newest Listings in Bethany, OK

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