Is Sayre, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Sayre was a Seller's Market.
Key Takeaway
Sayre is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Sayre, OK
How much do homes in Sayre, OK cost?
Median Sold Price
$122,589
$77/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Sayre have sold for 1.9% less than they did a year ago.
Summary: The median home sold price in Sayre was $122,589 in March 2024, down 1.9% from last year, and the median price per square foot was $77.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $53.5K | N/A |
| 2 Bedrooms | $43K | $62K | +44.2% |
| 3 Bedrooms | $136K | $141.4K | +4.0% |
| 4 Bedrooms | $169K | $262.5K | +55.3% |
| 5+ Bedrooms | - | $207K | N/A |
Summary: Sayre housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 44.2%, 3 bedroom homes increased by 4%, 4 bedroom homes increased by 55.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Elk City | $159.3K | $177.5K | +11.4% |
| Sayre | $125K | $122.5K | -1.9% |
Housing Supply in Sayre, OK
How many homes are available in Sayre, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 29 | 30 | +3.4% |
Summary: The Sayre real estate market had 30 homes for sale in March 2024, a 3.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 12 | 13 | +8.3% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Sayre housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sayre, 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 Sayre in March 2024, down by 25.0% 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 Sayre, OK
How long does it take to sell a home in Sayre, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 57 Days | 47 Days | -17.5% |
Summary: Homes in Sayre had an average of 47 days on market in Mar 2024, down by 17.5% compared to last year.
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
Key Takeaway
Avg time on Rocket Homes in Sayre has remained consistent over time.
Summary: During March 2024, 3 homes were sold in Sayre; 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.
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