Is Weatherford, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Weatherford has remained a Seller's Market.
Housing Prices in Weatherford, OK
How much do homes in Weatherford, OK cost?
Median Sold Price
$200,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Weatherford was $200,000 in March 2024, down 5.7% 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 | - | $57.5K | N/A |
2 Bedrooms | $125K | $138K | +10.4% |
3 Bedrooms | $202.5K | $200K | -1.2% |
4 Bedrooms | $309.7K | $260K | -16.1% |
5+ Bedrooms | $305.5K | $450K | +47.3% |
Summary: Weatherford 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 10.4%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 16.1%, and 5+ bedroom homes increased by 47.3%.
Housing Supply in Weatherford, OK
How many homes are available in Weatherford, OK?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
42 | 46 | +9.5% |
Summary: The Weatherford real estate market had 46 homes for sale in March 2024, a 9.5% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 27 | 31 | +14.8% |
4 Bedrooms | 5 | 7 | +40.0% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Weatherford 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 decreased by 25%, 3 bedroom homes increased by 14.8%, 4 bedroom homes increased by 40%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
10 | 10 | 0.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Weatherford in March 2024, the same as the previous month. Of the 10 sold homes, 40% were sold under asking, 40% were sold at asking, and 20% were sold over asking.
Days on Market for Weatherford, OK
How long does it take to sell a home in Weatherford, OK?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
30 Days | 15 Days | -47.5% |
Summary: Homes in Weatherford had an average of 15 days on market in Mar 2024, down by 47.5% compared to last year.
Breakdown of Home Sale Times
8 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, 10 homes were sold in Weatherford; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.