Is Skiatook, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Skiatook has remained a Seller's Market.
Key Takeaway
Skiatook is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Skiatook, OK
How much do homes in Skiatook, OK cost?
Median Sold Price
$273,250
$147/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Skiatook have sold for 36.6% more than they did a year ago.
Summary: The median home sold price in Skiatook was $273,250 in March 2024, up 36.6% from last year, and the median price per square foot was $147.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $50K | $91.5K | +83.0% |
| 2 Bedrooms | $92.7K | $135K | +45.6% |
| 3 Bedrooms | $195.4K | $225K | +15.1% |
| 4 Bedrooms | $336.5K | $337K | 0.1% |
| 5+ Bedrooms | $205K | $407.5K | +98.8% |
Summary: Skiatook housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 83%, 2 bedroom homes increased by 45.6%, 3 bedroom homes increased by 15.1%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes increased by 98.8%.
Median Sold Price Compared To Nearby Cities
| Skiatook | $200K | $273.2K | +36.6% |
| Southeast Osage | $244.2K | $274.7K | +12.5% |
| North Tulsa | $268K | $282.5K | +5.4% |
| Collinsville | $264K | $276.1K | +4.6% |
| Sperry | $338K | $250K | -26.0% |
Housing Supply in Skiatook, OK
How many homes are available in Skiatook, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 83 | 92 | +10.8% |
Summary: The Skiatook real estate market had 92 homes for sale in March 2024, a 10.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 42 | 50 | +19.0% |
| 4 Bedrooms | 31 | 32 | +3.2% |
| 5+ Bedrooms | 8 | 8 | 0.0% |
Summary: The Skiatook 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 19%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 9 | 24 | +166.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Skiatook, expect to pay close to the asking price. 41.7% of homes here sold near the asking price last month.
Summary: A total of 24 homes were sold or pending in Skiatook in March 2024, up by 166.7% month-over-month. Of the 24 sold homes, 38% were sold under asking, 42% were sold at asking, and 21% were sold over asking.
Days on Market for Skiatook, OK
How long does it take to sell a home in Skiatook, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 36 Days | +12.8% |
Summary: Homes in Skiatook had an average of 36 days on market in Mar 2024, up by 12.8% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Skiatook are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 24 homes were sold in Skiatook; 67% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.
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