Is East Love, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, East Love was a Seller's Market.
Housing Prices in East Love, OK
How much do homes in East Love, OK cost?
Median Sold Price
$220,000
$145/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in East Love was $220,000 in May 2024, up 10.6% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91K | $125K | +37.4% |
2 Bedrooms | $123K | $149K | +21.1% |
3 Bedrooms | $230K | $213K | -7.4% |
4 Bedrooms | $272.5K | $211K | -22.6% |
5+ Bedrooms | - | $605K | N/A |
Summary: East Love housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.4%, 2 bedroom homes increased by 21.1%, 3 bedroom homes decreased by 7.4%, 4 bedroom homes decreased by 22.6%, and 5+ bedroom homes did not change.
Housing Supply in East Love, OK
How many homes are available in East Love, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
30 | 26 | -13.3% |
Summary: The East Love real estate market had 26 homes for sale in May 2024, a 13.3% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 2 | -33.3% |
2 Bedrooms | 6 | 4 | -33.3% |
3 Bedrooms | 15 | 13 | -13.3% |
4 Bedrooms | 5 | 6 | +20.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Love housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in East Love in May 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for East Love, OK
How long does it take to sell a home in East Love, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
40 Days | 71 Days | +74.4% |
Summary: Homes in East Love had an average of 71 days on market in May 2024, up by 74.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 1 homes were sold in East Love; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.