Is Claremore, 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, Claremore has remained a Seller's Market.
Key Takeaway
Claremore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Claremore, OK
How much do homes in Claremore, OK cost?
Median Sold Price
$255,000
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Claremore have sold for 27.3% more than they did a year ago.
Summary: The median home sold price in Claremore was $255,000 in March 2024, up 27.3% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | $55K | -22.5% |
| 2 Bedrooms | $123.6K | $154.5K | +25.0% |
| 3 Bedrooms | $199.3K | $230K | +15.4% |
| 4 Bedrooms | $280.8K | $319K | +13.6% |
| 5+ Bedrooms | $293K | $451.2K | +54.0% |
Summary: Claremore housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes increased by 54%.
Median Sold Price Compared To Nearby Cities
| Claremore | $200.2K | $255K | +27.3% |
| Pryor | $189K | $211.2K | +11.8% |
| Verdigris | $258.5K | $241K | -6.8% |
Housing Supply in Claremore, OK
How many homes are available in Claremore, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 177 | 198 | +11.9% |
Summary: The Claremore real estate market had 198 homes for sale in March 2024, a 11.9% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 15 | 16 | +6.7% |
| 3 Bedrooms | 102 | 113 | +10.8% |
| 4 Bedrooms | 51 | 52 | +2.0% |
| 5+ Bedrooms | 8 | 15 | +87.5% |
Summary: The Claremore 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 6.7%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 87.5%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 30 | 38 | +26.7% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Claremore, you may be able to get a good deal. 52.6% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Claremore in March 2024, up by 26.7% month-over-month. Of the 38 sold homes, 53% were sold under asking, 26% were sold at asking, and 21% were sold over asking.
Days on Market for Claremore, OK
How long does it take to sell a home in Claremore, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 21 Days | 42 Days | +96.5% |
Summary: Homes in Claremore had an average of 42 days on market in Mar 2024, up by 96.5% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Claremore are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 38 homes were sold in Claremore; 66% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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