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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Harrah is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Harrah, OK

How much do homes in Harrah, OK cost?

Median Sold Price

$252,245

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$22,245(+9.7%)

Key Takeaway

Homes in Harrah have sold for 9.7% more than they did a year ago.

Summary: The median home sold price in Harrah was $252,245 in September 2024, up 9.7% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $110K-
N/A
2 $145K$217K
+49.7%
3 $228.9K$235K
+2.6%
4 $267.4K$295K
+10.3%
5+ $435K$375K
-13.8%

Summary: Harrah housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 49.7%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 13.8%.

Median Sold Price Compared To Nearby Cities

Newalla
+14.7%
Harrah
+9.7%
Oklahoma City Southeast
+7.4%
Choctaw
+5.7%
Oklahoma City Northeast
+2.8%

Housing Supply in Harrah, OK

How many homes are available in Harrah, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
7875-3.8%

Summary: The Harrah real estate market had 75 homes for sale in September 2024, a 3.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 5352
-1.9%
4 2120
-4.8%
5+ 00
0.0%

Summary: The Harrah 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 25%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
2215-31.8%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Harrah, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in Harrah in September 2024, down by 31.8% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% 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

Sep 2023Sep 2024CHANGE
39 Days30 Days-23.1%

Summary: Homes in Harrah had an average of 30 days on market in Sep 2024, down by 23.1% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 15 homes were sold in Harrah; 53% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 0% 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 6 Days Ago

Newest Listings in Harrah, OK

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