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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Delaware County is a seller's market

Buyer's
Market

Difference Since February 2022

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

Key Takeaway

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

How much do homes in Delaware County, OK cost?

Median Sold Price

$245,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

-$15,000(-5.8%)

Key Takeaway

Homes in Delaware County have sold for 5.8% less than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $95.2K$177.5K
+86.4%
2 $182K$192.4K
+5.7%
3 $270K$261.5K
-3.1%
4 $353.5K$376.2K
+6.4%
5+ $425K$711K
+67.3%

Median Sold Price Compared To Nearby Counties

Craig County
+24.6%
Mayes County
+8.2%
McDonald County
-1.4%
Delaware County
-5.8%

How many homes are available in Delaware County, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
60600.0%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 55
0.0%
2 1112
+9.1%
3 2424
0.0%
4 1513
-13.3%
5+ 56
+20.0%

Number of Homes Sold

Jan 2023Feb 2023%
511+120.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Delaware County, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
33 Days67 Days+99.3%

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Delaware County has remained consistent over time.

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

About Delaware County, OK

Delaware County, OK has 60 homes on the market. In February 2023, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $245,000. From January 2023 through February 2023, the following changes in listing prices were observed in this housing market: the cost of 1 bedroom properties went up by 86.4%, the cost of 2 bedrooms properties went up by 5.7%, prices of 3 bedrooms properties went down by 3.1%, the cost of 4 bedrooms properties went up by 6.4%, prices of 5 bedrooms properties increased by 67.3%. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes have not changed, the quantity of 2 bedrooms homes went up by 9.1%, volume of 3 bedrooms homes stayed the same, 4 bedrooms homes became 13.3% less available, 5 bedrooms homes inventory increased by 20%. While more than 2 listings in Delaware County, OK in February 2023 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below.

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