$45,000
10.00 Acres
Land
John Thao, Listing Office: Eagle Rock Realty & Prop Mgmt
Is Salina, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Salina was a Seller's Market.
Key Takeaway
Salina is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Salina, OK
How much do homes in Salina, OK cost?
Median Sold Price
$179,750
$132/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$2,750(+1.6%)
Key Takeaway
Homes in Salina have sold for 1.6% more than they did a year ago.
Summary: The median home sold price in Salina was $179,750 in December 2024, up 1.6% from last year, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $239K | +165.6% |
| 2 Bedrooms | $130K | $131.8K | +1.4% |
| 3 Bedrooms | $170.5K | $179.7K | +5.4% |
| 4 Bedrooms | $308K | - | N/A |
| 5+ Bedrooms | $780K | - | N/A |
Summary: Salina housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 165.6%, 2 bedroom homes increased by 1.4%, 3 bedroom homes increased by 5.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| East Mayes | $215K | $228K | +6.0% |
| Salina | $177K | $179.7K | +1.6% |
Housing Supply in Salina, OK
How many homes are available in Salina, OK?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 9 | 0.0% |
Summary: The Salina real estate market had 9 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Salina housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Salina, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Salina in December 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Salina, OK
How long does it take to sell a home in Salina, OK?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 30 Days | 127 Days | +313.0% |
Summary: Homes in Salina had an average of 127 days on market in Dec 2024, up by 313% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Salina are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 1 homes were sold in Salina; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
