Is Noble, 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, Noble has remained a Seller's Market.
Key Takeaway
Noble is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Noble, OK
How much do homes in Noble, OK cost?
Median Sold Price
$195,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in Noble has remained the same since last year.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $68K | $107.5K | +58.1% |
| 2 Bedrooms | $126K | $113.9K | -9.6% |
| 3 Bedrooms | $189K | $193.6K | +2.5% |
| 4 Bedrooms | $266K | $232.7K | -12.5% |
| 5+ Bedrooms | $322.5K | $402K | +24.7% |
Summary: Noble housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 58.1%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes increased by 24.7%.
Median Sold Price Compared To Nearby Cities
| Norman | $254.8K | $260.1K | +2.1% |
| Noble | $195K | $195K | 0% |
| East Cleveland | $277.3K | $265.5K | -4.3% |
| Slaughterville | $240K | $202K | -15.8% |
Housing Supply in Noble, OK
How many homes are available in Noble, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 77 | 67 | -13.0% |
Summary: The Noble real estate market had 67 homes for sale in April 2024, a 13.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 62 | 51 | -17.7% |
| 4 Bedrooms | 11 | 8 | -27.3% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Noble 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 increased by 66.7%, 3 bedroom homes decreased by 17.7%, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 18 | -5.3% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Noble, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Noble in April 2024, down by 5.3% month-over-month. Of the 18 sold homes, 61% were sold under asking, 28% were sold at asking, and 11% were sold over asking.
Days on Market for Noble, OK
How long does it take to sell a home in Noble, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 59 Days | 48 Days | -18.5% |
Summary: Homes in Noble had an average of 48 days on market in Apr 2024, down by 18.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Noble are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in Noble; 44% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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