Is Southeast Osage, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Southeast Osage has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $65K | $40K | -38.5% |
2 Bedrooms | $162.9K | $130K | -20.2% |
3 Bedrooms | $230K | $240K | +4.3% |
4 Bedrooms | $344K | $334K | -2.9% |
5+ Bedrooms | $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%.
Housing Supply in Southeast Osage, OK
How many homes are available in Southeast Osage, OK?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
104 | 110 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 66 | 69 | +4.5% |
4 Bedrooms | 22 | 28 | +27.3% |
5+ Bedrooms | 11 | 10 | -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 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 20 | -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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
48 Days | 31 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
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.