Is Claremore, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Claremore has remained a Seller's Market.
Key Takeaway
Claremore is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Claremore, OK
How much do homes in Claremore, OK cost?
Median Sold Price
$253,858
$150/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Claremore have sold for 18.1% more than they did a year ago.
Summary: The median home sold price in Claremore was $253,858 in April 2024, up 18.1% from last year, and the median price per square foot was $150.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | $55K | -22.5% |
| 2 Bedrooms | $123.6K | $148.5K | +20.1% |
| 3 Bedrooms | $205K | $229K | +11.7% |
| 4 Bedrooms | $291.5K | $337.5K | +15.8% |
| 5+ Bedrooms | $293K | $485K | +65.5% |
Summary: Claremore housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes increased by 20.1%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 15.8%, and 5+ bedroom homes increased by 65.5%.
Median Sold Price Compared To Nearby Cities
| Claremore | $215K | $253.8K | +18.1% |
| Pryor | $186.5K | $212.5K | +13.9% |
| Verdigris | $262.9K | $234.7K | -10.7% |
Housing Supply in Claremore, OK
How many homes are available in Claremore, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 201 | 214 | +6.5% |
Summary: The Claremore real estate market had 214 homes for sale in April 2024, a 6.5% 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 | 17 | 12 | -29.4% |
| 3 Bedrooms | 118 | 129 | +9.3% |
| 4 Bedrooms | 52 | 52 | 0.0% |
| 5+ Bedrooms | 12 | 18 | +50.0% |
Summary: The Claremore 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 29.4%, 3 bedroom homes increased by 9.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 45 | 51 | +13.3% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Claremore, you may be able to get a good deal. 47.1% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Claremore in April 2024, up by 13.3% month-over-month. Of the 51 sold homes, 47% were sold under asking, 25% were sold at asking, and 27% were sold over asking.
Days on Market for Claremore, OK
How long does it take to sell a home in Claremore, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 38 Days | +44.2% |
Summary: Homes in Claremore had an average of 38 days on market in Apr 2024, up by 44.2% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Claremore are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 51 homes were sold in Claremore; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
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