Is Ottawa County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Ottawa County was a Seller's Market.
Housing Prices in Ottawa County, OK
How much do homes in Ottawa County, OK cost?
Median Sold Price
$325,000
$183/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Ottawa County was $325,000 in February 2024, down 16.7% from last year, and the median price per square foot was $183.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55.4K | $145K | +161.5% |
2 Bedrooms | $219K | $250K | +14.2% |
3 Bedrooms | $350K | $310K | -11.4% |
4 Bedrooms | $599.9K | $584.9K | -2.5% |
5+ Bedrooms | $545K | $655K | +20.2% |
Summary: Ottawa County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 161.5%, 2 bedroom homes increased by 14.2%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 20.2%.
Median Sold Price Compared To Nearby Counties
McDonald County | $173K | $217K | +25.4% |
Newton County | $170.7K | $180.8K | +5.9% |
Craig County | $190K | $167.5K | -11.8% |
Ottawa County | $390K | $325K | -16.7% |
Housing Supply in Ottawa County, OK
How many homes are available in Ottawa County, OK?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
41 | 43 | +4.9% |
Summary: The Ottawa County real estate market had 43 homes for sale in February 2024, a 4.9% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 4 | +300.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 22 | 21 | -4.5% |
4 Bedrooms | 7 | 8 | +14.3% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Ottawa County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 300%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Ottawa County in February 2024, down by 20.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Ottawa County, OK
How long does it take to sell a home in Ottawa County, OK?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
16 Days | 71 Days | +331.2% |
Summary: Homes in Ottawa County had an average of 71 days on market in Feb 2024, up by 331.2% 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
Summary: During February 2024, 4 homes were sold in Ottawa County; 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.