Is Glenpool, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$274,495
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Glenpool have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in Glenpool was $274,495 in March 2024, up 10.7% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | $133.9K | +106.0% |
| 3 Bedrooms | $216.5K | $238K | +9.9% |
| 4 Bedrooms | $309.5K | $332.3K | +7.4% |
| 5+ Bedrooms | $625K | $400K | -36.0% |
Summary: Glenpool 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 106%, 3 bedroom homes increased by 9.9%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes decreased by 36%.
Housing Supply in Glenpool, OK
How many homes are available in Glenpool, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 73 | 79 | +8.2% |
Summary: The Glenpool real estate market had 79 homes for sale in March 2024, a 8.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 42 | 43 | +2.4% |
| 4 Bedrooms | 28 | 30 | +7.1% |
| 5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Glenpool 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 decreased by 100%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 18 | 14 | -22.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenpool, you could pay more than the asking price. 42.9% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in Glenpool in March 2024, down by 22.2% month-over-month. Of the 14 sold homes, 36% were sold under asking, 21% were sold at asking, and 43% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 30 Days | -23.4% |
Summary: Homes in Glenpool had an average of 30 days on market in Mar 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glenpool are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in Glenpool; 64% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.
