Is Jennings, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Jennings has remained a Seller's Market.
Key Takeaway
Jennings is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Jennings, OK
How much do homes in Jennings, OK cost?
Median Sold Price
$230,000
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Jennings have sold for 14.8% less than they did a year ago.
Summary: The median home sold price in Jennings was $230,000 in April 2024, down 14.8% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $312.5K | N/A |
| 2 Bedrooms | - | $90K | N/A |
| 3 Bedrooms | $259.5K | $240K | -7.5% |
| 4 Bedrooms | $320K | $135K | -57.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Jennings housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 57.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Keystone Lake | $225K | $220K | -2.2% |
| Jennings | $270K | $230K | -14.8% |
Housing Supply in Jennings, OK
How many homes are available in Jennings, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 3 | 0.0% |
Summary: The Jennings real estate market had 3 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 2 | 2 | 0.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Jennings housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 2 | +100.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Jennings, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Jennings in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Jennings, OK
How long does it take to sell a home in Jennings, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 97 Days | 33 Days | -65.5% |
Summary: Homes in Jennings had an average of 33 days on market in Apr 2024, down by 65.5% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Jennings are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in Jennings; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
