Is Burneyville, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Burneyville was a Buyer's Market.
Key Takeaway
Burneyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Burneyville, OK
How much do homes in Burneyville, OK cost?
Median Sold Price
$158,500
$100/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Burneyville have sold for 56.6% less than they did a month ago.
Summary: The median home sold price in Burneyville was $158,500 in April 2024, down 56.6% from last month, and the median price per square foot was $100.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $80K | N/A |
| 3 Bedrooms | $365K | $237K | -35.1% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Burneyville 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 35.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Burneyville | $365K | $158.5K | -56.6% |
| West Love | $365K | $158.5K | -56.6% |
Housing Supply in Burneyville, OK
How many homes are available in Burneyville, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Burneyville real estate market had 8 homes for sale in April 2024, a 11.1% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 3 | 2 | -33.3% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Burneyville 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 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Burneyville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Burneyville in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Burneyville, OK
How long does it take to sell a home in Burneyville, OK?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 115 Days | 76 Days | -33.5% |
Summary: Homes in Burneyville had an average of 76 days on market in Apr 2024, down by 33.5% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Burneyville are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Burneyville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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