Is Northwest Pontotoc, 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, Northwest Pontotoc has remained a Seller's Market.
Housing Prices in Northwest Pontotoc, OK
How much do homes in Northwest Pontotoc, OK cost?
Median Sold Price
$195,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Northwest Pontotoc was $195,000 in April 2024, down 18.1% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $118.7K | $150K | +26.3% |
3 Bedrooms | $230K | $182.4K | -20.7% |
4 Bedrooms | $265K | $225K | -15.1% |
5+ Bedrooms | $355.5K | $355K | -0.1% |
Summary: Northwest Pontotoc 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 26.3%, 3 bedroom homes decreased by 20.7%, 4 bedroom homes decreased by 15.1%, and 5+ bedroom homes decreased by 0.1%.
Median Sold Price Compared To Nearby Cities
Ada | $165K | $176.1K | +6.8% |
Northeast Pontotoc | $220K | $230K | +4.5% |
Northwest Pontotoc | $238K | $195K | -18.1% |
Housing Supply in Northwest Pontotoc, OK
How many homes are available in Northwest Pontotoc, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
16 | 15 | -6.3% |
Summary: The Northwest Pontotoc real estate market had 15 homes for sale in April 2024, a 6.3% decrease 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 | 4 | 3 | -25.0% |
3 Bedrooms | 5 | 6 | +20.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The Northwest Pontotoc 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 25%, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 3 | -40.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Northwest Pontotoc in April 2024, down by 40.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for Northwest Pontotoc, OK
How long does it take to sell a home in Northwest Pontotoc, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 52 Days | +29.5% |
Summary: Homes in Northwest Pontotoc had an average of 52 days on market in Apr 2024, up by 29.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 3 homes were sold in Northwest Pontotoc; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.