Is Oologah-Talala, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 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
$291,750
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Oologah-Talala have sold for 4.3% less than they did a year ago.
Summary: The median home sold price in Oologah-Talala was $291,750 in March 2024, down 4.3% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | $112K | $199K | +77.7% |
| 3 Bedrooms | $275K | $248.5K | -9.6% |
| 4 Bedrooms | $379K | $433.2K | +14.3% |
| 5+ Bedrooms | $469K | $400K | -14.7% |
Summary: Oologah-Talala housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 77.7%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 14.7%.
Median Sold Price Compared To Nearby Cities
| Oologah | $207K | $280K | +35.3% |
| North Tulsa | $268K | $282.5K | +5.4% |
| Oologah-Talala | $305K | $291.7K | -4.3% |
Housing Supply in Oologah-Talala, OK
How many homes are available in Oologah-Talala, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The Oologah-Talala real estate market had 25 homes for sale in March 2024, a 4.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 10 | 11 | +10.0% |
| 4 Bedrooms | 10 | 10 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Oologah-Talala housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes increased by 10%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Oologah-Talala, you may be able to get a good deal. 37.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Oologah-Talala in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 60 Days | 63 Days | +4.0% |
Summary: Homes in Oologah-Talala had an average of 63 days on market in Mar 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Oologah-Talala are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 8 homes were sold in Oologah-Talala; 38% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
