Is Ottawa County, 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, Ottawa County was a Seller's Market.
Housing Prices in Ottawa County, OK
How much do homes in Ottawa County, OK cost?
Median Sold Price
$310,000
$175/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ottawa County was $310,000 in April 2024, down 11.4% from last year, and the median price per square foot was $175.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $55.4K | $145K | +161.5% |
2 Bedrooms | $242.5K | $232.2K | -4.2% |
3 Bedrooms | $331.8K | $213K | -35.8% |
4 Bedrooms | $530K | $485K | -8.5% |
5+ Bedrooms | $545K | $610K | +11.9% |
Summary: Ottawa County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 161.5%, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 35.8%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Counties
McDonald County | $158K | $216.5K | +37.0% |
Cherokee County | $93.5K | $110K | +17.6% |
Newton County | $175K | $189.9K | +8.5% |
Ottawa County | $350K | $310K | -11.4% |
Craig County | $189.5K | $155K | -18.2% |
Housing Supply in Ottawa County, OK
How many homes are available in Ottawa County, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
54 | 59 | +9.3% |
Summary: The Ottawa County real estate market had 59 homes for sale in April 2024, a 9.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 5 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 24 | 27 | +12.5% |
4 Bedrooms | 11 | 15 | +36.4% |
5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Ottawa County 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 12.5%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
10 | 9 | -10.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 9 homes were sold or pending in Ottawa County in April 2024, down by 10.0% month-over-month. Of the 9 sold homes, 78% were sold under asking, 11% were sold at asking, and 11% were sold over asking.
Days on Market for Ottawa County, OK
How long does it take to sell a home in Ottawa County, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
64 Days | 61 Days | -4.5% |
Summary: Homes in Ottawa County had an average of 61 days on market in Apr 2024, down by 4.5% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 9 homes were sold in Ottawa County; 56% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.