Is Tahlequah, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Tahlequah was a Seller's Market.
Housing Prices in Tahlequah, OK
How much do homes in Tahlequah, OK cost?
Median Sold Price
$191,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Tahlequah was $191,000 in March 2024, up 15.8% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $67.5K | N/A |
2 Bedrooms | $111K | $115K | +3.6% |
3 Bedrooms | $165K | $195.4K | +18.5% |
4 Bedrooms | $269.6K | $262.2K | -2.8% |
5+ Bedrooms | $490K | $380K | -22.4% |
Summary: Tahlequah housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 18.5%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 22.4%.
Median Sold Price Compared To Nearby Cities
Tahlequah | $165K | $191K | +15.8% |
South Cherokee | $225K | $235K | +4.4% |
Housing Supply in Tahlequah, OK
How many homes are available in Tahlequah, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
103 | 116 | +12.6% |
Summary: The Tahlequah real estate market had 116 homes for sale in March 2024, a 12.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 14 | 16 | +14.3% |
3 Bedrooms | 56 | 63 | +12.5% |
4 Bedrooms | 28 | 31 | +10.7% |
5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Tahlequah 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 increased by 14.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 17 | +30.8% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in Tahlequah in March 2024, up by 30.8% month-over-month. Of the 17 sold homes, 82% were sold under asking, 18% were sold at asking, and 0% were sold over asking.
Days on Market for Tahlequah, OK
How long does it take to sell a home in Tahlequah, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
67 Days | 46 Days | -31.3% |
Summary: Homes in Tahlequah had an average of 46 days on market in Mar 2024, down by 31.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 17 homes were sold in Tahlequah; 71% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.