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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Verdigris is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Verdigris, OK

How much do homes in Verdigris, OK cost?

Median Sold Price

$234,750

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$28,200(-10.7%)

Key Takeaway

Homes in Verdigris have sold for 10.7% less than they did a year ago.

Summary: The median home sold price in Verdigris was $234,750 in April 2024, down 10.7% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $127K$153.5K
+20.9%
3 $220K$215K
-2.3%
4 $294.5K$284K
-3.6%
5+ $345K$409.7K
+18.8%

Summary: Verdigris housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.9%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 18.8%.

Median Sold Price Compared To Nearby Cities

Claremore
+18.1%
Verdigris
-10.7%

Housing Supply in Verdigris, OK

How many homes are available in Verdigris, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
25250.0%

Summary: The Verdigris real estate market had 25 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1616
0.0%
4 67
+16.7%
5+ 32
-33.3%

Summary: The Verdigris housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes decreased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

3 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 Verdigris, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Verdigris in April 2024, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% were sold over asking.

Days on Market for Verdigris, OK

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

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days19 Days+7.8%

Summary: Homes in Verdigris had an average of 19 days on market in Apr 2024, up by 7.8% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 5 homes were sold in Verdigris; 100% of homes were sold within 30 days, 0% 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 6 Days Ago

Newest Listings in Verdigris, OK

Nearby Markets to Verdigris, OK

What housing markets are near Verdigris, OK?