Is South Wagoner, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Wagoner is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, South Wagoner was a Buyer's Market.

Key Takeaway

South Wagoner is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in South Wagoner, OK

How much do homes in South Wagoner, OK cost?

Median Sold Price

$314,625

$171/sqft

Based on all homes sold in March 2024.

Difference Since Last Month

-$10,375(-3.2%)

Key Takeaway

Homes in South Wagoner have sold for 3.2% less than they did a month ago.

Summary: The median home sold price in South Wagoner was $314,625 in March 2024, down 3.2% from last month, and the median price per square foot was $171.

Median Sold Price By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 --
N/A
2 --
N/A
3 $325K$314.6K
-3.2%
4 --
N/A
5+ --
N/A

Summary: South Wagoner housing prices by bedroom type for March 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 decreased by 3.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in South Wagoner, OK

How many homes are available in South Wagoner, OK?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
14140.0%

Summary: The South Wagoner real estate market had 14 homes for sale in March 2024, the same as February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 10
-100.0%
2 22
0.0%
3 88
0.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The South Wagoner housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Wagoner, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 2 homes were sold or pending in South Wagoner in March 2024, up by 100.0% month-over-month. Of the 2 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for South Wagoner, OK

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

Average Sale Time

Feb 2024Mar 2024CHANGE
39 Days25 Days-35.9%

Summary: Homes in South Wagoner had an average of 25 days on market in Mar 2024, down by 35.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in South Wagoner are selling fast, if you're buying plan to act quickly.

Summary: During March 2024, 2 homes were sold in South Wagoner; 50% of homes were sold within 30 days, 50% 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 23 Days Ago

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