Is Bethel Acres, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bethel Acres is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Bethel Acres has remained a Seller's Market.

Key Takeaway

Bethel Acres is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bethel Acres, OK

How much do homes in Bethel Acres, OK cost?

Median Sold Price

$450,000

$219/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$27,000(-5.7%)

Key Takeaway

Homes in Bethel Acres have sold for 5.7% less than they did a month ago.

Summary: The median home sold price in Bethel Acres was $450,000 in November 2024, down 5.7% from last month, and the median price per square foot was $219.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $444K$361.5K
-18.6%
4 $310K$442.5K
+42.7%
5+ $950K$799.9K
-15.8%

Summary: Bethel Acres housing prices by bedroom type for November 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 18.6%, 4 bedroom homes increased by 42.7%, and 5+ bedroom homes decreased by 15.8%.

Housing Supply in Bethel Acres, OK

How many homes are available in Bethel Acres, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1513-13.3%

Summary: The Bethel Acres real estate market had 13 homes for sale in November 2024, a 13.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 00
0.0%
3 109
-10.0%
4 33
0.0%
5+ 21
-50.0%

Summary: The Bethel Acres housing inventory by bedroom type for November 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 10%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bethel Acres, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Bethel Acres in November 2024, up by 25.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.

Days on Market for Bethel Acres, OK

How long does it take to sell a home in Bethel Acres, OK?

Average Sale Time

Oct 2024Nov 2024CHANGE
53 Days94 Days+76.8%

Summary: Homes in Bethel Acres had an average of 94 days on market in Nov 2024, up by 76.8% compared to last month.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Bethel Acres has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Bethel Acres; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 2 Days Ago

Newest Listings in Bethel Acres, OK

Nearby Markets to Bethel Acres, OK

What housing markets are near Bethel Acres, OK?