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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Glenpool is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Glenpool, OK

How much do homes in Glenpool, OK cost?

Median Sold Price

$271,995

$159/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$21,995(+8.8%)

Key Takeaway

Homes in Glenpool have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Glenpool was $271,995 in April 2024, up 8.8% from last year, and the median price per square foot was $159.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $65K$133.9K
+106.0%
3 $217K$240K
+10.6%
4 $309K$334K
+8.1%
5+ $545K$380K
-30.3%

Summary: Glenpool 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 increased by 106%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 8.1%, and 5+ bedroom homes decreased by 30.3%.

Median Sold Price Compared To Nearby Cities

Mounds
+29.5%
Glenpool
+8.8%
Jenks
+3.8%
Mounds
+1.0%

Housing Supply in Glenpool, OK

How many homes are available in Glenpool, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
8082+2.5%

Summary: The Glenpool real estate market had 82 homes for sale in April 2024, a 2.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 13
+200.0%
3 4438
-13.6%
4 2935
+20.7%
5+ 55
0.0%

Summary: The Glenpool 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 increased by 200%, 3 bedroom homes decreased by 13.6%, 4 bedroom homes increased by 20.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1628+75.0%

Asking Price vs. Sold Price

11 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Glenpool, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.

Summary: A total of 28 homes were sold or pending in Glenpool in April 2024, up by 75.0% month-over-month. Of the 28 sold homes, 39% were sold under asking, 43% were sold at asking, and 18% were sold over asking.

Days on Market for Glenpool, OK

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

Average Sale Time

Apr 2023Apr 2024CHANGE
30 Days43 Days+41.7%

Summary: Homes in Glenpool had an average of 43 days on market in Apr 2024, up by 41.7% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 28 homes were sold in Glenpool; 68% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 18% 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 17 Days Ago

Newest Listings in Glenpool, OK

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