Is Cleveland County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cleveland County is a seller's market

Buyer's
Market

Difference Since March 2023

Since last year, Cleveland County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Cleveland County, OK

How much do homes in Cleveland County, OK cost?

Median Sold Price

$250,357

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,204(+2.1%)

Key Takeaway

Homes in Cleveland County have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Cleveland County was $250,357 in March 2024, up 2.1% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $94K$105K
+11.7%
2 $147.5K$156.5K
+6.1%
3 $226.5K$231.3K
+2.1%
4 $335K$327.7K
-2.2%
5+ $474.9K$475K
0.0%

Summary: Cleveland County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.7%, 2 bedroom homes increased by 6.1%, 3 bedroom homes increased by 2.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Counties

Pottawatomie County
+11.0%
McClain County
+8.5%
Oklahoma County
+3.6%
Cleveland County
+2.1%

Housing Supply in Cleveland County, OK

How many homes are available in Cleveland County, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
1,0081,112+10.3%

Summary: The Cleveland County real estate market had 1,112 homes for sale in March 2024, a 10.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 1314
+7.7%
2 6562
-4.6%
3 557622
+11.7%
4 311348
+11.9%
5+ 6266
+6.5%

Summary: The Cleveland County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes decreased by 4.6%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 11.9%, and 5+ bedroom homes increased by 6.5%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
234259+10.7%

Asking Price vs. Sold Price

124 Homes Were Sold
Under Asking

84 Homes Were Sold
At Asking

51 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cleveland County, you may be able to get a good deal. 47.9% of homes here sold below asking price last month.

Summary: A total of 259 homes were sold or pending in Cleveland County in March 2024, up by 10.7% month-over-month. Of the 259 sold homes, 48% were sold under asking, 32% were sold at asking, and 20% were sold over asking.

Days on Market for Cleveland County, OK

How long does it take to sell a home in Cleveland County, OK?

Average Sale Time

Mar 2023Mar 2024CHANGE
31 Days42 Days+32.3%

Summary: Homes in Cleveland County had an average of 42 days on market in Mar 2024, up by 32.3% compared to last year.

Breakdown of Home Sale Times

171 Homes Were Sold
Under 30 Days

47 Homes Were Sold
In 30 - 90 Days

41 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 259 homes were sold in Cleveland County; 66% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 16% 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 20 Days Ago

Newest Listings in Cleveland County, OK

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