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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Bartlesville is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Bartlesville has remained a Seller's Market.

Key Takeaway

Bartlesville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Bartlesville, OK

How much do homes in Bartlesville, OK cost?

Median Sold Price

$175,000

$103/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$3,666(+2.1%)

Key Takeaway

Homes in Bartlesville have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Bartlesville was $175,000 in April 2024, up 2.1% from last year, and the median price per square foot was $103.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $50.5K$55K
+8.9%
2 $84K$92.7K
+10.4%
3 $153.6K$164.1K
+6.8%
4 $261.9K$281K
+7.3%
5+ $291K$368K
+26.5%

Summary: Bartlesville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes increased by 10.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes increased by 26.5%.

Median Sold Price Compared To Nearby Cities

Ochelata-Ramona
+56.9%
Bartlesville
+2.1%
Dewey
0.5%
Bartlesville
-0.3%

Housing Supply in Bartlesville, OK

How many homes are available in Bartlesville, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
184185+0.5%

Summary: The Bartlesville real estate market had 185 homes for sale in April 2024, a 0.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 42
-50.0%
2 2429
+20.8%
3 8390
+8.4%
4 5850
-13.8%
5+ 1514
-6.7%

Summary: The Bartlesville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 20.8%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 13.8%, and 5+ bedroom homes decreased by 6.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5964+8.5%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Bartlesville, you may be able to get a good deal. 48.4% of homes here sold below asking price last month.

Summary: A total of 64 homes were sold or pending in Bartlesville in April 2024, up by 8.5% month-over-month. Of the 64 sold homes, 48% were sold under asking, 20% were sold at asking, and 31% were sold over asking.

Days on Market for Bartlesville, OK

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

Average Sale Time

Apr 2023Apr 2024CHANGE
18 Days33 Days+82.6%

Summary: Homes in Bartlesville had an average of 33 days on market in Apr 2024, up by 82.6% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 64 homes were sold in Bartlesville; 67% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 14% 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 4 Days Ago

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