Is Del City, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Del City has remained a Seller's Market.
Housing Prices in Del City, OK
How much do homes in Del City, OK cost?
Median Sold Price
$146,750
$125/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Del City was $146,750 in April 2024, up 8.7% from last year, and the median price per square foot was $125.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $101.2K | $112.5K | +11.1% |
3 Bedrooms | $138.5K | $150K | +8.3% |
4 Bedrooms | $150K | $186.5K | +24.4% |
5+ Bedrooms | $232K | $195.4K | -15.8% |
Summary: Del City housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 24.4%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Cities
Del City | $135K | $146.7K | +8.7% |
Midwest City | $164.9K | $175K | +6.1% |
Oklahoma City Southwest | $210K | $215K | +2.4% |
Oklahoma City | $244.9K | $249.9K | +2.1% |
Housing Supply in Del City, OK
How many homes are available in Del City, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
81 | 79 | -2.5% |
Summary: The Del City real estate market had 79 homes for sale in April 2024, a 2.5% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 9 | 12 | +33.3% |
3 Bedrooms | 59 | 50 | -15.3% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Del City housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
27 | 20 | -25.9% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Del City in April 2024, down by 25.9% month-over-month. Of the 20 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.
Days on Market for Del City, OK
How long does it take to sell a home in Del City, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
32 Days | 37 Days | +13.9% |
Summary: Homes in Del City had an average of 37 days on market in Apr 2024, up by 13.9% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 20 homes were sold in Del City; 40% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.