$2,903 Closing Credit*
$244,500
1,466 SqFt
2 Beds
•2 Full Baths
Barbara Hopper, Listing Office: Chinowth & Cohen
Is Dewey, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Dewey has remained a Seller's Market.
Key Takeaway
Dewey is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Dewey, OK
How much do homes in Dewey, OK cost?
Median Sold Price
$132,500
$94/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$22,550(+20.5%)
Key Takeaway
Homes in Dewey have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in Dewey was $132,500 in September 2024, up 20.5% from last year, and the median price per square foot was $94.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $58K | $52K | -10.3% |
| 2 Bedrooms | $87.5K | $80K | -8.6% |
| 3 Bedrooms | $138.5K | $153.5K | +10.8% |
| 4 Bedrooms | $174.9K | $277.5K | +58.7% |
| 5+ Bedrooms | - | - | N/A |
Summary: Dewey housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.3%, 2 bedroom homes decreased by 8.6%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 58.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dewey | $109.9K | $132.5K | +20.5% |
| Bartlesville | $173.3K | $180K | +3.8% |
Housing Supply in Dewey, OK
How many homes are available in Dewey, OK?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 21 | 15 | -28.6% |
Summary: The Dewey real estate market had 15 homes for sale in September 2024, a 28.6% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 16 | 11 | -31.3% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Dewey housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 50%, 3 bedroom homes decreased by 31.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Dewey, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Dewey in September 2024, down by 28.6% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Dewey, OK
How long does it take to sell a home in Dewey, OK?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 51 Days | 19 Days | -61.3% |
Summary: Homes in Dewey had an average of 19 days on market in Sep 2024, down by 61.3% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Dewey are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 5 homes were sold in Dewey; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
