Is Cleveland, 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, Cleveland has remained a Seller's Market.
Housing Prices in Cleveland, OK
How much do homes in Cleveland, OK cost?
Median Sold Price
$170,000
$111/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Cleveland was $170,000 in March 2024, up 30.8% from last year, and the median price per square foot was $111.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $60K | $125K | +108.3% |
2 Bedrooms | $97.2K | $76.5K | -21.3% |
3 Bedrooms | $140K | $170K | +21.4% |
4 Bedrooms | $187.9K | $251.5K | +33.8% |
5+ Bedrooms | $940K | $284K | -69.8% |
Summary: Cleveland housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 108.3%, 2 bedroom homes decreased by 21.3%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 33.8%, and 5+ bedroom homes decreased by 69.8%.
Housing Supply in Cleveland, OK
How many homes are available in Cleveland, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
30 | 30 | 0.0% |
Summary: The Cleveland real estate market had 30 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 14 | 17 | +21.4% |
4 Bedrooms | 10 | 8 | -20.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Cleveland housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Cleveland in March 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 43% were sold at asking, and 0% were sold over asking.
Days on Market for Cleveland, OK
How long does it take to sell a home in Cleveland, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
39 Days | 99 Days | +153.8% |
Summary: Homes in Cleveland had an average of 99 days on market in Mar 2024, up by 153.8% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 7 homes were sold in Cleveland; 29% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 71% of homes were sold over 90 days.