Is Vinita, 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, Vinita was a Seller's Market.
Housing Prices in Vinita, OK
How much do homes in Vinita, OK cost?
Median Sold Price
$165,000
$103/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Vinita was $165,000 in March 2024, down 12% from last year, and the median price per square foot was $103.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $106K | N/A |
2 Bedrooms | $66K | $80K | +21.2% |
3 Bedrooms | $160K | $165K | +3.1% |
4 Bedrooms | $225K | $350K | +55.6% |
5+ Bedrooms | $273.5K | - | N/A |
Summary: Vinita 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 21.2%, 3 bedroom homes increased by 3.1%, 4 bedroom homes increased by 55.6%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Vinita | $187.5K | $165K | -12.0% |
Vinita East | $190K | $145K | -23.7% |
Housing Supply in Vinita, OK
How many homes are available in Vinita, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 37 | -2.6% |
Summary: The Vinita real estate market had 37 homes for sale in March 2024, a 2.6% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 21 | 19 | -9.5% |
4 Bedrooms | 9 | 10 | +11.1% |
5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Vinita housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
8 | 2 | -75.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Vinita in March 2024, down by 75.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Vinita, OK
How long does it take to sell a home in Vinita, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
76 Days | 76 Days | +0.7% |
Summary: Homes in Vinita had an average of 76 days on market in Mar 2024, up by 0.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During March 2024, 2 homes were sold in Vinita; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.