Is Ramona, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Ramona is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, Ramona was a Neutral Market.

Key Takeaway

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

Housing Prices in Ramona, OK

How much do homes in Ramona, OK cost?

Median Sold Price

$375,000

$146/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$1,025,000(-73.2%)

Key Takeaway

Homes in Ramona have sold for 73.2% less than they did a month ago.

Summary: The median home sold price in Ramona was $375,000 in September 2024, down 73.2% from last month, and the median price per square foot was $146.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 --
N/A
3 -$250K
N/A
4 $1.4M$377K
-73.1%
5+ --
N/A

Summary: Ramona housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 73.1%, and 5+ bedroom homes did not change.

Housing Supply in Ramona, OK

How many homes are available in Ramona, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
78+14.3%

Summary: The Ramona real estate market had 8 homes for sale in September 2024, a 14.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 13
+200.0%
4 43
-25.0%
5+ 21
-50.0%

Summary: The Ramona housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 200%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Ramona, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Ramona in September 2024, up by 200.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Ramona, OK

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

Average Sale Time

Aug 2024Sep 2024CHANGE
71 Days40 Days-43.7%

Summary: Homes in Ramona had an average of 40 days on market in Sep 2024, down by 43.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Ramona has remained consistent over time.

Summary: During September 2024, 3 homes were sold in Ramona; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% 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 10 Days Ago

Newest Listings in Ramona, OK

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