Is Piedmont, 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, Piedmont has remained a Seller's Market.
Housing Prices in Piedmont, OK
How much do homes in Piedmont, OK cost?
Median Sold Price
$304,167
$168/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Piedmont was $304,167 in April 2024, down 0.3% from last year, and the median price per square foot was $168.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $156.4K | $231K | +47.7% |
3 Bedrooms | $277.9K | $270K | -2.8% |
4 Bedrooms | $355K | $360.7K | +1.6% |
5+ Bedrooms | $490K | $474.9K | -3.1% |
Summary: Piedmont 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 47.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 3.1%.
Median Sold Price Compared To Nearby Cities
East Canadian | $267.8K | $277.9K | +3.8% |
Oklahoma City Northwest | $332.3K | $339.9K | +2.3% |
Oklahoma City | $244.9K | $249.9K | +2.1% |
Piedmont | $305K | $304.1K | -0.3% |
Housing Supply in Piedmont, OK
How many homes are available in Piedmont, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
102 | 95 | -6.9% |
Summary: The Piedmont real estate market had 95 homes for sale in April 2024, a 6.9% 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 | 0 | 0 | 0.0% |
3 Bedrooms | 48 | 46 | -4.2% |
4 Bedrooms | 46 | 42 | -8.7% |
5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Piedmont 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 remained the same, 3 bedroom homes decreased by 4.2%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 22 | -15.4% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Piedmont in April 2024, down by 15.4% month-over-month. Of the 22 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.
Days on Market for Piedmont, OK
How long does it take to sell a home in Piedmont, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
26 Days | 36 Days | +38.9% |
Summary: Homes in Piedmont had an average of 36 days on market in Apr 2024, up by 38.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 22 homes were sold in Piedmont; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.