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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wellston is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Wellston was a Seller's Market.

Key Takeaway

Wellston is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wellston, OK

How much do homes in Wellston, OK cost?

Median Sold Price

$200,000

$133/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$8,000(+4.2%)

Key Takeaway

Homes in Wellston have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in Wellston was $200,000 in October 2024, up 4.2% from last year, and the median price per square foot was $133.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$447.5K
N/A
2 $162.5K$125K
-23.1%
3 $195K$239K
+22.6%
4 $240K$188K
-21.7%
5+ $982.5K-
N/A

Summary: Wellston housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.1%, 3 bedroom homes increased by 22.6%, 4 bedroom homes decreased by 21.7%, and 5+ bedroom homes did not change.

Housing Supply in Wellston, OK

How many homes are available in Wellston, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1718+5.9%

Summary: The Wellston real estate market had 18 homes for sale in October 2024, a 5.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 89
+12.5%
4 55
0.0%
5+ 22
0.0%

Summary: The Wellston housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wellston, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.

Summary: A total of 3 homes were sold or pending in Wellston in October 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.

Days on Market for Wellston, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
68 Days54 Days-19.6%

Summary: Homes in Wellston had an average of 54 days on market in Oct 2024, down by 19.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 3 homes were sold in Wellston; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 12 Days Ago

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