Is Sperry, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Sperry is a seller's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Sperry was a Neutral Market.

Key Takeaway

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

Housing Prices in Sperry, OK

How much do homes in Sperry, OK cost?

Median Sold Price

$279,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$24,000(+9.4%)

Key Takeaway

Homes in Sperry have sold for 9.4% more than they did a year ago.

Summary: The median home sold price in Sperry was $279,000 in September 2024, up 9.4% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $24K-
N/A
2 $163K$152K
-6.7%
3 $194.2K$237K
+22.0%
4 $423.5K$454.5K
+7.3%
5+ $997.5K$750K
-24.8%

Summary: Sperry housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.7%, 3 bedroom homes increased by 22%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes decreased by 24.8%.

Median Sold Price Compared To Nearby Cities

Skiatook
+10.7%
Sperry
+9.4%
Southeast Osage
+3.7%
Sand Springs
+3.1%
Sperry
0.0%

Housing Supply in Sperry, OK

How many homes are available in Sperry, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
2928-3.4%

Summary: The Sperry real estate market had 28 homes for sale in September 2024, a 3.4% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1615
-6.3%
4 1010
0.0%
5+ 21
-50.0%

Summary: The Sperry housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
29+350.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Sperry, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in Sperry in September 2024, up by 350.0% month-over-month. Of the 9 sold homes, 44% were sold under asking, 22% were sold at asking, and 33% were sold over asking.

Days on Market for Sperry, OK

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

Average Sale Time

Sep 2023Sep 2024CHANGE
125 Days20 Days-83.8%

Summary: Homes in Sperry had an average of 20 days on market in Sep 2024, down by 83.8% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 9 homes were sold in Sperry; 78% of homes were sold within 30 days, 22% 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 Sep 1, 2024

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