Is Ochelata-Ramona, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ochelata-Ramona is a seller's market

Buyer's
Market

Difference Since September 2023

Since last year, Ochelata-Ramona has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Ochelata-Ramona, OK

How much do homes in Ochelata-Ramona, OK cost?

Median Sold Price

$270,000

$137/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$125,750(-31.8%)

Key Takeaway

Homes in Ochelata-Ramona have sold for 31.8% less than they did a year ago.

Summary: The median home sold price in Ochelata-Ramona was $270,000 in September 2024, down 31.8% from last year, and the median price per square foot was $137.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 -$245K
N/A
2 $112.5K-
N/A
3 $205.5K$200K
-2.7%
4 $460K$374.5K
-18.6%
5+ $558.9K$849K
+51.9%

Summary: Ochelata-Ramona 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 did not change, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 18.6%, and 5+ bedroom homes increased by 51.9%.

Median Sold Price Compared To Nearby Cities

Bartlesville
+3.8%
Ochelata-Ramona
-31.8%

Housing Supply in Ochelata-Ramona, OK

How many homes are available in Ochelata-Ramona, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
1113+18.2%

Summary: The Ochelata-Ramona real estate market had 13 homes for sale in September 2024, a 18.2% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 00
0.0%
3 48
+100.0%
4 54
-20.0%
5+ 21
-50.0%

Summary: The Ochelata-Ramona 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 remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
04+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ochelata-Ramona, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Ochelata-Ramona in September 2024, up by 100.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for Ochelata-Ramona, OK

How long does it take to sell a home in Ochelata-Ramona, OK?

Average Sale Time

Sep 2023Sep 2024CHANGE
16 Days57 Days+255.4%

Summary: Homes in Ochelata-Ramona had an average of 57 days on market in Sep 2024, up by 255.4% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ochelata-Ramona has remained consistent over time.

Summary: During September 2024, 4 homes were sold in Ochelata-Ramona; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% 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 10 Days Ago

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