Is Southeast Osage, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Southeast Osage is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Southeast Osage has remained a Seller's Market.

Key Takeaway

Southeast Osage is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Southeast Osage, OK

How much do homes in Southeast Osage, OK cost?

Median Sold Price

$273,250

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$28,750(+11.8%)

Key Takeaway

Homes in Southeast Osage have sold for 11.8% more than they did a year ago.

Summary: The median home sold price in Southeast Osage was $273,250 in February 2024, up 11.8% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $65K$40K
-38.5%
2 $162.9K$130K
-20.2%
3 $230K$240K
+4.3%
4 $344K$334K
-2.9%
5+ $600K$591.2K
-1.5%

Summary: Southeast Osage housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes decreased by 20.2%, 3 bedroom homes increased by 4.3%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 1.5%.

Median Sold Price Compared To Nearby Cities

Sperry
+61.1%
Skiatook
+33.3%
Southeast Osage
+11.8%
Sperry
-24.6%

Housing Supply in Southeast Osage, OK

How many homes are available in Southeast Osage, OK?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
104110+5.8%

Summary: The Southeast Osage real estate market had 110 homes for sale in February 2024, a 5.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 53
-40.0%
3 6669
+4.5%
4 2228
+27.3%
5+ 1110
-9.1%

Summary: The Southeast Osage housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 40%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes decreased by 9.1%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
2520-20.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Southeast Osage, you may be able to get a good deal. 70% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in Southeast Osage in February 2024, down by 20.0% month-over-month. Of the 20 sold homes, 70% were sold under asking, 20% were sold at asking, and 10% were sold over asking.

Days on Market for Southeast Osage, OK

How long does it take to sell a home in Southeast Osage, OK?

Average Sale Time

Feb 2023Feb 2024CHANGE
48 Days31 Days-35.9%

Summary: Homes in Southeast Osage had an average of 31 days on market in Feb 2024, down by 35.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 20 homes were sold in Southeast Osage; 60% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 10% 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 28 Days Ago

Newest Listings in Southeast Osage, OK

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