Is Harrah, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Harrah was a Seller's Market.
Key Takeaway
Harrah is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Harrah, OK
How much do homes in Harrah, OK cost?
Median Sold Price
$240,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Harrah have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in Harrah was $240,000 in March 2024, up 4.4% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $137.5K | - | N/A |
| 2 Bedrooms | $166.5K | $128.7K | -22.7% |
| 3 Bedrooms | $222K | $230K | +3.6% |
| 4 Bedrooms | $261.9K | $290K | +10.7% |
| 5+ Bedrooms | $315.7K | $405K | +28.3% |
Summary: Harrah 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 decreased by 22.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 28.3%.
Median Sold Price Compared To Nearby Cities
| Newalla | $245.9K | $273.6K | +11.3% |
| Choctaw | $289.6K | $309.8K | +7.0% |
| Oklahoma City Southeast | $182.3K | $194.2K | +6.5% |
| Harrah | $229.9K | $240K | +4.4% |
| Oklahoma City Northeast | $485.6K | $441K | -9.2% |
Housing Supply in Harrah, OK
How many homes are available in Harrah, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Summary: The Harrah real estate market had 45 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 29 | 30 | +3.4% |
| 4 Bedrooms | 14 | 12 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Harrah housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Harrah, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in Harrah in March 2024, down by 62.5% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Harrah, OK
How long does it take to sell a home in Harrah, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 13 Days | 42 Days | +208.8% |
Summary: Homes in Harrah had an average of 42 days on market in Mar 2024, up by 208.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Harrah has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Harrah; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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