Is Coweta, 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, Coweta has remained a Seller's Market.
Housing Prices in Coweta, OK
How much do homes in Coweta, OK cost?
Median Sold Price
$265,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Coweta was $265,000 in April 2024, up 14.7% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $137.5K | $134.9K | -1.9% |
3 Bedrooms | $222K | $239K | +7.7% |
4 Bedrooms | $323.4K | $345K | +6.7% |
5+ Bedrooms | $353K | $499K | +41.4% |
Summary: Coweta housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 41.4%.
Median Sold Price Compared To Nearby Cities
Coweta | $231K | $265K | +14.7% |
Broken Arrow | $272.8K | $289.9K | +6.3% |
Broken Arrow | $275K | $289.9K | +5.4% |
Housing Supply in Coweta, OK
How many homes are available in Coweta, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
105 | 110 | +4.8% |
Summary: The Coweta real estate market had 110 homes for sale in April 2024, a 4.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 3 | -40.0% |
3 Bedrooms | 65 | 65 | 0.0% |
4 Bedrooms | 30 | 35 | +16.7% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Coweta 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 decreased by 40%, 3 bedroom homes remained the same, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
24 | 28 | +16.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Coweta in April 2024, up by 16.7% month-over-month. Of the 28 sold homes, 36% were sold under asking, 43% were sold at asking, and 21% were sold over asking.
Days on Market for Coweta, OK
How long does it take to sell a home in Coweta, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
29 Days | 34 Days | +15.5% |
Summary: Homes in Coweta had an average of 34 days on market in Apr 2024, up by 15.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Coweta; 54% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.