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 neutral's market

Buyer's
Market

Difference Since February 2023

At the same time last year, Pottawatomie County was a Seller's Market.

Key Takeaway

Pottawatomie County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Pottawatomie County, OK

How much do homes in Pottawatomie County, OK cost?

Median Sold Price

$199,731

$123/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$23,399(+13.3%)

Key Takeaway

Homes in Pottawatomie County have sold for 13.3% more than they did a year ago.

Summary: The median home sold price in Pottawatomie County was $199,731 in February 2024, up 13.3% from last year, and the median price per square foot was $123.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $89K$132.2K
+48.6%
2 $87.5K$90.7K
+3.7%
3 $180K$196K
+8.9%
4 $250K$265K
+6.0%
5+ $347.5K$325K
-6.5%

Summary: Pottawatomie County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 48.6%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Counties

Seminole County
+35.0%
Pottawatomie County
+13.3%
Okfuskee County
+11.1%
Cleveland County
+2.0%
Pontotoc County
-0.8%

Housing Supply in Pottawatomie County, OK

How many homes are available in Pottawatomie County, OK?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
304315+3.6%

Summary: The Pottawatomie County real estate market had 315 homes for sale in February 2024, a 3.6% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 45
+25.0%
2 3538
+8.6%
3 192195
+1.6%
4 5961
+3.4%
5+ 1416
+14.3%

Summary: The Pottawatomie County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 8.6%, 3 bedroom homes increased by 1.6%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
5645-19.6%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

17 Homes Were Sold
At Asking

7 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. 46.7% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in Pottawatomie County in February 2024, down by 19.6% month-over-month. Of the 45 sold homes, 47% were sold under asking, 38% were sold at asking, and 16% were sold over asking.

Days on Market for Pottawatomie County, OK

How long does it take to sell a home in Pottawatomie County, OK?

Average Sale Time

Feb 2023Feb 2024CHANGE
46 Days52 Days+13.0%

Summary: Homes in Pottawatomie County had an average of 52 days on market in Feb 2024, up by 13% compared to last year.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Pottawatomie County has remained consistent over time.

Summary: During February 2024, 45 homes were sold in Pottawatomie County; 40% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 18% 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 28 Days Ago

Newest Listings in Pottawatomie County, OK

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