Is Guthrie, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Guthrie was a Seller's Market.
Housing Prices in Guthrie, OK
How much do homes in Guthrie, OK cost?
Median Sold Price
$263,300
$153/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Guthrie was $263,300 in April 2024, down 0.6% 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 | $45K | $117K | +160.0% |
2 Bedrooms | $111K | $155K | +39.6% |
3 Bedrooms | $250.4K | $253.5K | +1.2% |
4 Bedrooms | $318.2K | $331.7K | +4.3% |
5+ Bedrooms | $355.5K | $297K | -16.5% |
Summary: Guthrie housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 160%, 2 bedroom homes increased by 39.6%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 16.5%.
Median Sold Price Compared To Nearby Cities
Oklahoma City Northwest | $332.3K | $339.9K | +2.3% |
Edmond | $353.1K | $357K | +1.1% |
Guthrie | $264.7K | $263.3K | -0.6% |
Oklahoma City Northeast | $475K | $451.9K | -4.8% |
Housing Supply in Guthrie, OK
How many homes are available in Guthrie, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
177 | 189 | +6.8% |
Summary: The Guthrie real estate market had 189 homes for sale in April 2024, a 6.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 16 | 14 | -12.5% |
3 Bedrooms | 96 | 101 | +5.2% |
4 Bedrooms | 62 | 60 | -3.2% |
5+ Bedrooms | 2 | 12 | +500.0% |
Summary: The Guthrie housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 5.2%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 500%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
35 | 31 | -11.4% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 31 homes were sold or pending in Guthrie in April 2024, down by 11.4% month-over-month. Of the 31 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.
Days on Market for Guthrie, OK
How long does it take to sell a home in Guthrie, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
42 Days | 55 Days | +31.4% |
Summary: Homes in Guthrie had an average of 55 days on market in Apr 2024, up by 31.4% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 31 homes were sold in Guthrie; 48% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.