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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Claremore is a seller's market

Buyer's
Market

Difference Since November 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

$250,200

$154/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$9,800(-3.8%)

Key Takeaway

Homes in Claremore have sold for 3.8% less than they did a year ago.

Summary: The median home sold price in Claremore was $250,200 in November 2024, down 3.8% from last year, and the median price per square foot was $154.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $110K$155K
+40.9%
2 $170K$135K
-20.6%
3 $230.3K$231.5K
0.5%
4 $319K$346K
+8.5%
5+ $388.5K$490K
+26.1%

Summary: Claremore housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.9%, 2 bedroom homes decreased by 20.6%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 26.1%.

Median Sold Price Compared To Nearby Cities

Verdigris
+14.1%
Pryor
+5.3%
Claremore
-3.8%

Housing Supply in Claremore, OK

How many homes are available in Claremore, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
241228-5.4%

Summary: The Claremore real estate market had 228 homes for sale in November 2024, a 5.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 32
-33.3%
2 1916
-15.8%
3 117110
-6.0%
4 7976
-3.8%
5+ 2324
+4.3%

Summary: The Claremore housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 15.8%, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
5141-19.6%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Claremore, you may be able to get a good deal. 56.1% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Claremore in November 2024, down by 19.6% month-over-month. Of the 41 sold homes, 56% were sold under asking, 29% were sold at asking, and 15% 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

Nov 2023Nov 2024CHANGE
31 Days32 Days+3.8%

Summary: Homes in Claremore had an average of 32 days on market in Nov 2024, up by 3.8% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 41 homes were sold in Claremore; 61% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 12% 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 1 Day Ago

Newest Listings in Claremore, OK

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