Is Warr Acres, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Warr Acres is a seller's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

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

Housing Prices in Warr Acres, OK

How much do homes in Warr Acres, OK cost?

Median Sold Price

$200,500

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$20,500(+11.4%)

Key Takeaway

Homes in Warr Acres have sold for 11.4% more than they did a year ago.

Summary: The median home sold price in Warr Acres was $200,500 in September 2024, up 11.4% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $60K$50K
-16.7%
2 $107K$133.7K
+25.0%
3 $180K$199K
+10.6%
4 $209.5K$268.5K
+28.2%
5+ $217.4K$276K
+26.9%

Summary: Warr Acres housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 25%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 28.2%, and 5+ bedroom homes increased by 26.9%.

Median Sold Price Compared To Nearby Cities

Warr Acres
+11.4%
Oklahoma City Southwest
+1.8%
Oklahoma City
0.2%
Bethany
-4.4%

Housing Supply in Warr Acres, OK

How many homes are available in Warr Acres, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4441-6.8%

Summary: The Warr Acres real estate market had 41 homes for sale in September 2024, a 6.8% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 01
+100.0%
2 47
+75.0%
3 3224
-25.0%
4 89
+12.5%
5+ 00
0.0%

Summary: The Warr Acres housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 75%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
1610-37.5%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Warr Acres, you may be able to get a good deal. 40% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Warr Acres in September 2024, down by 37.5% month-over-month. Of the 10 sold homes, 40% were sold under asking, 30% were sold at asking, and 30% were sold over asking.

Days on Market for Warr Acres, OK

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

Average Sale Time

Sep 2023Sep 2024CHANGE
18 Days31 Days+69.4%

Summary: Homes in Warr Acres had an average of 31 days on market in Sep 2024, up by 69.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During September 2024, 10 homes were sold in Warr Acres; 70% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 10% 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 15 Days Ago

Newest Listings in Warr Acres, OK

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