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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wynnewood is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Wynnewood was a Seller's Market.

Key Takeaway

Wynnewood is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Wynnewood, OK

How much do homes in Wynnewood, OK cost?

Median Sold Price

$148,000

$111/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$35,000(+31.0%)

Key Takeaway

Homes in Wynnewood have sold for 31% more than they did a month ago.

Summary: The median home sold price in Wynnewood was $148,000 in April 2024, up 31% from last month, and the median price per square foot was $111.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$148K
N/A
3 $113K-
N/A
4 --
N/A
5+ --
N/A

Summary: Wynnewood housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Wynnewood, OK

How many homes are available in Wynnewood, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
15150.0%

Summary: The Wynnewood real estate market had 15 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 35
+66.7%
3 108
-20.0%
4 11
0.0%
5+ 00
0.0%

Summary: The Wynnewood 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 66.7%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
31-66.7%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wynnewood, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Wynnewood in April 2024, down by 66.7% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Wynnewood, OK

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

Average Sale Time

Mar 2024Apr 2024CHANGE
111 Days160 Days+43.3%

Summary: Homes in Wynnewood had an average of 160 days on market in Apr 2024, up by 43.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Wynnewood are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 1 homes were sold in Wynnewood; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 17 Days Ago

Newest Listings in Wynnewood, OK

Nearby Markets to Wynnewood, OK