$4,382 Closing Credit*
$369,000
2,228 SqFt
4 Beds
•2 Full Baths
Angela Ross, Listing Office: ShowOKC Real Estate
Is Oklahoma County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Oklahoma County has remained a Seller's Market.
Key Takeaway
Oklahoma County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oklahoma County, OK
How much do homes in Oklahoma County, OK cost?
Median Sold Price
$256,729
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$6,334(+2.5%)
Key Takeaway
Homes in Oklahoma County have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Oklahoma County was $256,729 in September 2024, up 2.5% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $109.7K | $105K | -4.3% |
| 2 Bedrooms | $145.5K | $154.8K | +6.4% |
| 3 Bedrooms | $226K | $232.6K | +2.9% |
| 4 Bedrooms | $373.6K | $374.5K | 0.2% |
| 5+ Bedrooms | $520.3K | $519.9K | -0.1% |
Summary: Oklahoma County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 0.2%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Counties
| Oklahoma County | $250.3K | $256.7K | +2.5% |
| Cleveland County | $249.9K | $254.9K | +2.0% |
| Canadian County | $269.9K | $271.7K | +0.7% |
| Logan County | $254.6K | $254.5K | 0% |
| Lincoln County | $176.6K | $161.8K | -8.4% |
Housing Supply in Oklahoma County, OK
How many homes are available in Oklahoma County, OK?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 4,270 | 4,276 | 0.1% |
Summary: The Oklahoma County real estate market had 4,276 homes for sale in September 2024, a 0.1% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 52 | 53 | +1.9% |
| 2 Bedrooms | 443 | 429 | -3.2% |
| 3 Bedrooms | 2,107 | 2,154 | +2.2% |
| 4 Bedrooms | 1,324 | 1,309 | -1.1% |
| 5+ Bedrooms | 344 | 331 | -3.8% |
Summary: The Oklahoma County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 1.9%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes increased by 2.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes decreased by 3.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 1,033 | 721 | -30.2% |
Asking Price vs. Sold Price
355 Homes Were Sold
Under Asking
241 Homes Were Sold
At Asking
125 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oklahoma County, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.
Summary: A total of 721 homes were sold or pending in Oklahoma County in September 2024, down by 30.2% month-over-month. Of the 721 sold homes, 49% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Oklahoma County, OK
How long does it take to sell a home in Oklahoma County, OK?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 24 Days | 30 Days | +24.4% |
Summary: Homes in Oklahoma County had an average of 30 days on market in Sep 2024, up by 24.4% compared to last year.
Breakdown of Home Sale Times
479 Homes Were Sold
Under 30 Days
176 Homes Were Sold
In 30 - 90 Days
66 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oklahoma County are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 721 homes were sold in Oklahoma County; 66% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
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