Is Lynn Lane, 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, Lynn Lane has remained a Seller's Market.
Housing Prices in Lynn Lane, OK
How much do homes in Lynn Lane, OK cost?
Median Sold Price
$326,225
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lynn Lane was $326,225 in April 2024, up 7% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $417.5K | $154.7K | -62.9% |
3 Bedrooms | $250K | $269.9K | +8.0% |
4 Bedrooms | $422K | $388K | -8.1% |
5+ Bedrooms | $461.1K | $524.6K | +13.8% |
Summary: Lynn Lane 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 62.9%, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 13.8%.
Median Sold Price Compared To Nearby Neighborhoods
Lynn Lane | $304.9K | $326.2K | +7.0% |
Stone Creek Farm | $298.9K | $310K | +3.7% |
Housing Supply in Lynn Lane, OK
How many homes are available in Lynn Lane, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
51 | 55 | +7.8% |
Summary: The Lynn Lane real estate market had 55 homes for sale in April 2024, a 7.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 0 | -100.0% |
3 Bedrooms | 18 | 21 | +16.7% |
4 Bedrooms | 22 | 24 | +9.1% |
5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Lynn Lane 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 100%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
6 | 15 | +150.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Lynn Lane in April 2024, up by 150.0% month-over-month. Of the 15 sold homes, 40% were sold under asking, 47% were sold at asking, and 13% were sold over asking.
Days on Market for Lynn Lane, OK
How long does it take to sell a home in Lynn Lane, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
19 Days | 38 Days | +99.0% |
Summary: Homes in Lynn Lane had an average of 38 days on market in Apr 2024, up by 99% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 15 homes were sold in Lynn Lane; 80% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.