Is Pottawatomie County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Pottawatomie County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Pottawatomie County has remained a Seller's Market.

Key Takeaway

Pottawatomie County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Pottawatomie County, OK

How much do homes in Pottawatomie County, OK cost?

Median Sold Price

$199,979

$126/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$22,479(+12.7%)

Key Takeaway

Homes in Pottawatomie County have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in Pottawatomie County was $199,979 in April 2024, up 12.7% from last year, and the median price per square foot was $126.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $77K$132.2K
+71.8%
2 $85K$92K
+8.2%
3 $181.1K$197.9K
+9.3%
4 $253.8K$278.5K
+9.7%
5+ $347.5K$325K
-6.5%

Summary: Pottawatomie County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.8%, 2 bedroom homes increased by 8.2%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes decreased by 6.5%.

Median Sold Price Compared To Nearby Counties

Seminole County
+33.7%
Pottawatomie County
+12.7%
Cleveland County
+0.9%
Okfuskee County
-0.4%
Pontotoc County
-2.2%

Housing Supply in Pottawatomie County, OK

How many homes are available in Pottawatomie County, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
315342+8.6%

Summary: The Pottawatomie County real estate market had 342 homes for sale in April 2024, a 8.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 57
+40.0%
2 4247
+11.9%
3 199205
+3.0%
4 5467
+24.1%
5+ 1516
+6.7%

Summary: The Pottawatomie County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes increased by 11.9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 24.1%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6265+4.8%

Asking Price vs. Sold Price

27 Homes Were Sold
Under Asking

19 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Pottawatomie County, you may be able to get a good deal. 41.5% of homes here sold below asking price last month.

Summary: A total of 65 homes were sold or pending in Pottawatomie County in April 2024, up by 4.8% month-over-month. Of the 65 sold homes, 42% were sold under asking, 29% were sold at asking, and 29% were sold over asking.

Days on Market for Pottawatomie County, OK

How long does it take to sell a home in Pottawatomie County, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
24 Days50 Days+101.3%

Summary: Homes in Pottawatomie County had an average of 50 days on market in Apr 2024, up by 101.3% compared to last year.

Breakdown of Home Sale Times

34 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Pottawatomie County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 65 homes were sold in Pottawatomie County; 52% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 17% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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