$1,722 Closing Credit*
$145,000
1,305 SqFt
3 Beds
•1 Full Bath
Kingston Dode, Cameron Burke, Listing Office: LRE Realty LLC
Is Shawnee, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Shawnee has remained a Seller's Market.
Key Takeaway
Shawnee is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Shawnee, OK
How much do homes in Shawnee, OK cost?
Median Sold Price
$204,834
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$5,217(+2.6%)
Key Takeaway
Homes in Shawnee have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Shawnee was $204,834 in November 2024, up 2.6% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $89K | $55K | -38.2% |
| 2 Bedrooms | $78.5K | $99.5K | +26.8% |
| 3 Bedrooms | $204.9K | $199.9K | -2.5% |
| 4 Bedrooms | $266K | $255K | -4.1% |
| 5+ Bedrooms | $325K | $420K | +29.2% |
Summary: Shawnee housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.2%, 2 bedroom homes increased by 26.8%, 3 bedroom homes decreased by 2.5%, 4 bedroom homes decreased by 4.1%, and 5+ bedroom homes increased by 29.2%.
Median Sold Price Compared To Nearby Cities
| Tecumseh | $157.5K | $172.5K | +9.5% |
| Shawnee | $199.6K | $204.8K | +2.6% |
Housing Supply in Shawnee, OK
How many homes are available in Shawnee, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 287 | 287 | 0.0% |
Summary: The Shawnee real estate market had 287 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 48 | 40 | -16.7% |
| 3 Bedrooms | 146 | 155 | +6.2% |
| 4 Bedrooms | 79 | 78 | -1.3% |
| 5+ Bedrooms | 13 | 13 | 0.0% |
Summary: The Shawnee housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 6.2%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 57 | 63 | +10.5% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Shawnee, you may be able to get a good deal. 49.2% of homes here sold below asking price last month.
Summary: A total of 63 homes were sold or pending in Shawnee in November 2024, up by 10.5% month-over-month. Of the 63 sold homes, 49% were sold under asking, 40% were sold at asking, and 11% were sold over asking.
Days on Market for Shawnee, OK
How long does it take to sell a home in Shawnee, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 35 Days | +11.3% |
Summary: Homes in Shawnee had an average of 35 days on market in Nov 2024, up by 11.3% compared to last year.
Breakdown of Home Sale Times
38 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Shawnee are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 63 homes were sold in Shawnee; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
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