Is Pottawatomie County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pottawatomie County is a seller's market

Buyer's
Market

Difference Since February 2022

Since last year, Pottawatomie County has remained a Seller's Market.

Key Takeaway

Pottawatomie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Pottawatomie County, OK cost?

Median Sold Price

$175,578

$113/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2022

+$4,328(+2.5%)

Key Takeaway

Homes in Pottawatomie County have sold for 2.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSFeb 2022Feb 2023%
1 $119.7K$89K
-25.7%
2 $85K$87.3K
+2.8%
3 $170K$180K
+5.8%
4 $255.5K$249K
-2.5%
5+ $235K$335K
+42.6%

Median Sold Price Compared To Nearby Counties

Cleveland County
+11.8%
Pontotoc County
+8.2%
Pottawatomie County
+2.5%
Seminole County
-9.5%

How many homes are available in Pottawatomie County, OK?

Number of Homes For Sale

Jan 2023Feb 2023%
214163-23.8%

Homes For Sale By Bedroom Count

# BEDSJan 2023Feb 2023%
1 32
-33.3%
2 3019
-36.7%
3 12998
-24.0%
4 4841
-14.6%
5+ 43
-25.0%

Number of Homes Sold

Jan 2023Feb 2023%
5152+2.0%

Asking Price vs. Sold Price

24 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pottawatomie County, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Average Sale Time

Feb 2022Feb 2023%
37 Days49 Days+32.5%

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pottawatomie County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Pottawatomie County, OK

Pottawatomie County, OK has 163 homes on the market. The number of homes for sale in Pottawatomie County, OK decreased by 23.8% between January 2023 and February 2023. In February 2023, listings were on the market for 49 days. During the same period, the median list price in this real estate market was $175,578. Listing prices have changed in this real estate market between January 2023 and February 2023: 1 bedroom properties became 25.7% more cheaper, 2 bedrooms properties became 2.8% more expensive, 3 bedrooms properties prices increased by 5.8%, prices of 4 bedrooms properties decreased by 2.5%, the cost of 5 bedrooms properties went up by 42.6%. The following changes in the number of homes for sale were observed in this housing market: volume of 1 bedroom homes went down by 33.3%, volume of 2 bedrooms homes went down by 36.7%, 3 bedrooms homes inventory decreased by 24%, 4 bedrooms homes became 14.6% less available, number of 5 bedrooms homes decreased by 25%. In February 2023, from all listings sold in Pottawatomie County, OK there were more than 10 sold above asking price, over 24 sold below and more than 18 were sold right at the asked price.

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