Is Warr Acres, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Warr Acres has remained a Seller's Market.
Housing Prices in Warr Acres, OK
How much do homes in Warr Acres, OK cost?
Median Sold Price
$198,500
$129/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Warr Acres was $198,500 in April 2024, up 10.7% from last year, and the median price per square foot was $129.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $93.7K | $50K | -46.7% |
2 Bedrooms | $121K | $140K | +15.7% |
3 Bedrooms | $169.9K | $197K | +15.9% |
4 Bedrooms | $249.9K | $241.2K | -3.5% |
5+ Bedrooms | $275K | $271.1K | -1.4% |
Summary: Warr Acres housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.7%, 2 bedroom homes increased by 15.7%, 3 bedroom homes increased by 15.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Cities
Warr Acres | $179.2K | $198.5K | +10.7% |
Oklahoma City Southwest | $210K | $215K | +2.4% |
Oklahoma City | $244.9K | $249.9K | +2.1% |
Bethany | $182.2K | $185K | +1.5% |
Housing Supply in Warr Acres, OK
How many homes are available in Warr Acres, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
37 | 35 | -5.4% |
Summary: The Warr Acres real estate market had 35 homes for sale in April 2024, a 5.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 2 | 0.0% |
2 Bedrooms | 2 | 5 | +150.0% |
3 Bedrooms | 20 | 11 | -45.0% |
4 Bedrooms | 9 | 11 | +22.2% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Warr Acres 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 increased by 150%, 3 bedroom homes decreased by 45%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 9 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Warr Acres in April 2024, down by 25.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
22 Days | 33 Days | +53.0% |
Summary: Homes in Warr Acres had an average of 33 days on market in Apr 2024, up by 53% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Warr Acres; 67% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.