Is Ardmore, 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, Ardmore was a Seller's Market.
Housing Prices in Ardmore, OK
How much do homes in Ardmore, OK cost?
Median Sold Price
$199,625
$121/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ardmore was $199,625 in April 2024, up 24.8% from last year, and the median price per square foot was $121.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $62K | $119K | +91.9% |
2 Bedrooms | $84K | $111K | +32.1% |
3 Bedrooms | $180K | $218K | +21.1% |
4 Bedrooms | $233.7K | $276K | +18.1% |
5+ Bedrooms | $377.5K | $288K | -23.7% |
Summary: Ardmore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 91.9%, 2 bedroom homes increased by 32.1%, 3 bedroom homes increased by 21.1%, 4 bedroom homes increased by 18.1%, and 5+ bedroom homes decreased by 23.7%.
Housing Supply in Ardmore, OK
How many homes are available in Ardmore, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
203 | 219 | +7.9% |
Summary: The Ardmore real estate market had 219 homes for sale in April 2024, a 7.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 47 | 44 | -6.4% |
3 Bedrooms | 105 | 118 | +12.4% |
4 Bedrooms | 40 | 47 | +17.5% |
5+ Bedrooms | 9 | 7 | -22.2% |
Summary: The Ardmore housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes decreased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
32 | 27 | -15.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Ardmore in April 2024, down by 15.6% month-over-month. Of the 27 sold homes, 59% were sold under asking, 26% were sold at asking, and 15% were sold over asking.
Days on Market for Ardmore, OK
How long does it take to sell a home in Ardmore, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
31 Days | 52 Days | +65.5% |
Summary: Homes in Ardmore had an average of 52 days on market in Apr 2024, up by 65.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During April 2024, 27 homes were sold in Ardmore; 56% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.