Is Glenpool, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenpool is a seller's market

Buyer's
Market

Difference Since August 2023

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

Key Takeaway

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

Housing Prices in Glenpool, OK

How much do homes in Glenpool, OK cost?

Median Sold Price

$285,450

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$10,450(+3.8%)

Key Takeaway

Homes in Glenpool have sold for 3.8% more than they did a year ago.

Summary: The median home sold price in Glenpool was $285,450 in August 2024, up 3.8% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $77.5K$125.7K
+62.2%
3 $235K$245K
+4.3%
4 $320.7K$333.5K
+4.0%
5+ $510K$447.5K
-12.3%

Summary: Glenpool housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 62.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 12.3%.

Median Sold Price Compared To Nearby Cities

Mounds
+34.3%
Mounds
+22.5%
Glenpool
+3.8%
Jenks
-0.6%

Housing Supply in Glenpool, OK

How many homes are available in Glenpool, OK?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
109105-3.7%

Summary: The Glenpool real estate market had 105 homes for sale in August 2024, a 3.7% decrease compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 11
0.0%
2 11
0.0%
3 5451
-5.6%
4 4545
0.0%
5+ 87
-12.5%

Summary: The Glenpool housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
1922+15.8%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenpool, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 22 homes were sold or pending in Glenpool in August 2024, up by 15.8% month-over-month. Of the 22 sold homes, 14% were sold under asking, 36% were sold at asking, and 50% were sold over asking.

Days on Market for Glenpool, OK

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

Average Sale Time

Aug 2023Aug 2024CHANGE
33 Days25 Days-23.5%

Summary: Homes in Glenpool had an average of 25 days on market in Aug 2024, down by 23.5% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During August 2024, 22 homes were sold in Glenpool; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% 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 13 Days Ago

Newest Listings in Glenpool, OK

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