Is Oologah-Talala, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Oologah-Talala is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Oologah-Talala has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Oologah-Talala, OK

How much do homes in Oologah-Talala, OK cost?

Median Sold Price

$375,000

$173/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$91,250(+32.2%)

Key Takeaway

Homes in Oologah-Talala have sold for 32.2% more than they did a year ago.

Summary: The median home sold price in Oologah-Talala was $375,000 in November 2024, up 32.2% from last year, and the median price per square foot was $173.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $235K$135K
-42.6%
2 $199K$247.5K
+24.4%
3 $248K$243.5K
-1.8%
4 $330K$485K
+47.0%
5+ $400K$705K
+76.3%

Summary: Oologah-Talala 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 decreased by 1.8%, 4 bedroom homes increased by 47%, and 5+ bedroom homes increased by 76.3%.

Median Sold Price Compared To Nearby Cities

Oologah-Talala
+32.2%
Oologah
+31.7%
North Tulsa
+8.0%

Housing Supply in Oologah-Talala, OK

How many homes are available in Oologah-Talala, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
27270.0%

Summary: The Oologah-Talala real estate market had 27 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 911
+22.2%
4 1312
-7.7%
5+ 32
-33.3%

Summary: The Oologah-Talala 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 increased by 22.2%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Oologah-Talala, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Oologah-Talala in November 2024, up by 40.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Oologah-Talala, OK

How long does it take to sell a home in Oologah-Talala, OK?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days24 Days+21.4%

Summary: Homes in Oologah-Talala had an average of 24 days on market in Nov 2024, up by 21.4% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Oologah-Talala are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 7 homes were sold in Oologah-Talala; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% 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 1 Day Ago

Newest Listings in Oologah-Talala, OK

Nearby Markets to Oologah-Talala, OK

What housing markets are near Oologah-Talala, OK?