$72,000
2.57 Acres
Land
Marilyn Morenz, Listing Office: Chinowth & Cohen
Is Oologah, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Oologah has remained a Seller's Market.
Key Takeaway
Oologah is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Oologah, OK
How much do homes in Oologah, OK cost?
Median Sold Price
$357,000
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$86,000(+31.7%)
Key Takeaway
Homes in Oologah have sold for 31.7% more than they did a year ago.
Summary: The median home sold price in Oologah was $357,000 in November 2024, up 31.7% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | $135K | -42.6% |
| 2 Bedrooms | $199K | $247.5K | +24.4% |
| 3 Bedrooms | $226.5K | $270K | +19.2% |
| 4 Bedrooms | $330K | $468K | +41.8% |
| 5+ Bedrooms | $400K | $640K | +60.0% |
Summary: Oologah housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 42.6%, 2 bedroom homes increased by 24.4%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 41.8%, and 5+ bedroom homes increased by 60%.
Median Sold Price Compared To Nearby Cities
| Oologah-Talala | $283.7K | $375K | +32.2% |
| Oologah | $271K | $357K | +31.7% |
Housing Supply in Oologah, OK
How many homes are available in Oologah, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 17 | -19.0% |
Summary: The Oologah real estate market had 17 homes for sale in November 2024, a 19.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 11 | 9 | -18.2% |
| 5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The Oologah housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 5 | -16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Oologah, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Oologah in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Oologah, OK
How long does it take to sell a home in Oologah, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 26 Days | +33.0% |
Summary: Homes in Oologah had an average of 26 days on market in Nov 2024, up by 33% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Oologah are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Oologah; 80% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
