Is Wellston, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wellston was a Buyer's Market.
Housing Prices in Wellston, OK
How much do homes in Wellston, OK cost?
Median Sold Price
$185,000
$130/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wellston was $185,000 in April 2024, up 15.6% from last year, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $447.5K | N/A |
2 Bedrooms | $90K | $125K | +38.9% |
3 Bedrooms | $144.5K | $200K | +38.4% |
4 Bedrooms | $331K | $240K | -27.5% |
5+ Bedrooms | $982.5K | - | N/A |
Summary: Wellston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.9%, 3 bedroom homes increased by 38.4%, 4 bedroom homes decreased by 27.5%, 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
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 19 | +26.7% |
Summary: The Wellston real estate market had 19 homes for sale in April 2024, a 26.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 3 | -25.0% |
3 Bedrooms | 7 | 9 | +28.6% |
4 Bedrooms | 2 | 5 | +150.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wellston 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 decreased by 25%, 3 bedroom homes increased by 28.6%, 4 bedroom homes increased by 150%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Wellston in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
201 Days | 96 Days | -52.0% |
Summary: Homes in Wellston had an average of 96 days on market in Apr 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Wellston; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.