Is Cleveland County, 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, Cleveland County has remained a Seller's Market.
Key Takeaway
Cleveland County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cleveland County, OK
How much do homes in Cleveland County, OK cost?
Median Sold Price
$250,000
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Cleveland County have sold for 0.9% more than they did a year ago.
Summary: The median home sold price in Cleveland County was $250,000 in April 2024, up 0.9% from last year, and the median price per square foot was $153.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $95K | $105K | +10.5% |
| 2 Bedrooms | $149K | $160K | +7.4% |
| 3 Bedrooms | $227.5K | $232.1K | +2.0% |
| 4 Bedrooms | $336.2K | $328.5K | -2.3% |
| 5+ Bedrooms | $475K | $475K | 0.0% |
Summary: Cleveland County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.5%, 2 bedroom homes increased by 7.4%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Pottawatomie County | $177.5K | $199.9K | +12.7% |
| McClain County | $282.3K | $298.6K | +5.8% |
| Oklahoma County | $246.2K | $254.7K | +3.5% |
| Cleveland County | $247.7K | $250K | +0.9% |
Housing Supply in Cleveland County, OK
How many homes are available in Cleveland County, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1,150 | 1,227 | +6.7% |
Summary: The Cleveland County real estate market had 1,227 homes for sale in April 2024, a 6.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 14 | 8 | -42.9% |
| 2 Bedrooms | 66 | 71 | +7.6% |
| 3 Bedrooms | 652 | 690 | +5.8% |
| 4 Bedrooms | 348 | 385 | +10.6% |
| 5+ Bedrooms | 70 | 73 | +4.3% |
Summary: The Cleveland County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 42.9%, 2 bedroom homes increased by 7.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 291 | 269 | -7.6% |
Asking Price vs. Sold Price
131 Homes Were Sold
Under Asking
79 Homes Were Sold
At Asking
59 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cleveland County, you may be able to get a good deal. 48.7% of homes here sold below asking price last month.
Summary: A total of 269 homes were sold or pending in Cleveland County in April 2024, down by 7.6% month-over-month. Of the 269 sold homes, 49% were sold under asking, 29% were sold at asking, and 22% were sold over asking.
Days on Market for Cleveland County, OK
How long does it take to sell a home in Cleveland County, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 32 Days | 34 Days | +7.3% |
Summary: Homes in Cleveland County had an average of 34 days on market in Apr 2024, up by 7.3% compared to last year.
Breakdown of Home Sale Times
183 Homes Were Sold
Under 30 Days
52 Homes Were Sold
In 30 - 90 Days
34 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cleveland County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 269 homes were sold in Cleveland County; 68% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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