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 February 2022

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.

How much do homes in Cleveland County, OK cost?

Median Sold Price

$245,020

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$25,877(+11.8%)

Key Takeaway

Homes in Cleveland County have sold for 11.8% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $89.9K$93K
+3.4%
2 $129.9K$145K
+11.6%
3 $200K$225.1K
+12.6%
4 $289.8K$334.9K
+15.6%
5+ $415K$459.2K
+10.7%

Median Sold Price Compared To Nearby Counties

Cleveland County
+11.8%
Oklahoma County
+9.9%
McClain County
+8.4%
Pottawatomie County
+2.5%

How many homes are available in Cleveland County, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
804710-11.7%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 118
-27.3%
2 4343
0.0%
3 457398
-12.9%
4 251224
-10.8%
5+ 4237
-11.9%

Number of Homes Sold

Jan 2023Feb 2023%
167190+13.8%

Asking Price vs. Sold Price

96 Homes Were Sold
Under Asking

58 Homes Were Sold
At Asking

36 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. 50.5% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
17 Days43 Days+149.6%

Breakdown of Home Sale Times

113 Homes Were Sold
Under 30 Days

42 Homes Were Sold
In 30 - 90 Days

35 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Cleveland County, OK

Cleveland County, OK has 710 homes on the market. The inventory of homes for sale in Cleveland County, OK between January 2023 and February 2023 decreased by 11.7%. In February 2023 median list price was $245,020 and the average listing age was 43 days. Real estate listing prices changed between January 2023 and February 2023: the cost of 1 bedroom properties went up by 3.4%, 2 bedrooms properties prices increased by 11.6%, prices of 3 bedrooms properties went up by 12.6%, prices of 4 bedrooms properties went up by 15.6%, 5 bedrooms properties became 10.7% more expensive. Volume of homes for sale in this real estate market have seen the following changes: volume of 1 bedroom homes went down by 27.3%, 2 bedrooms homes did not move, the quantity of 3 bedrooms homes went down by 12.9%, 4 bedrooms homes inventory decreased by 10.8%, the quantity of 5 bedrooms homes went down by 11.9%. Over 36 listings were sold over their listed price in February 2023 in Cleveland County, OK. In the same period over 96 listings were sold below the listed price and 58 listings were sold for the listed price.

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