Is East Love, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing East Love is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, East Love has remained a Buyer's Market.

Key Takeaway

East Love is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in East Love, OK

How much do homes in East Love, OK cost?

Median Sold Price

$205,500

$142/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,500(+2.8%)

Key Takeaway

Homes in East Love have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in East Love was $205,500 in March 2024, up 2.8% from last year, and the median price per square foot was $142.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $91K-
N/A
2 $122.2K$146.5K
+19.8%
3 $220K$220.5K
0.2%
4 $225K$185K
-17.8%
5+ -$605K
N/A

Summary: East Love housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 19.8%, 3 bedroom homes increased by 0.2%, 4 bedroom homes decreased by 17.8%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Marietta
+31.8%
East Love
+2.8%

Housing Supply in East Love, OK

How many homes are available in East Love, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2731+14.8%

Summary: The East Love real estate market had 31 homes for sale in March 2024, a 14.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 1719
+11.8%
4 34
+33.3%
5+ 00
0.0%

Summary: The East Love housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
54-20.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in East Love, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in East Love in March 2024, down by 20.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for East Love, OK

How long does it take to sell a home in East Love, OK?

Average Sale Time

Mar 2023Mar 2024CHANGE
22 Days48 Days+120.5%

Summary: Homes in East Love had an average of 48 days on market in Mar 2024, up by 120.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 4 homes were sold in East Love; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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 25 Days Ago

Newest Listings in East Love, OK

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