Is Sapulpa, 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, Sapulpa has remained a Seller's Market.
Key Takeaway
Sapulpa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sapulpa, OK
How much do homes in Sapulpa, OK cost?
Median Sold Price
$205,460
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Sapulpa have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Sapulpa was $205,460 in April 2024, up 7.4% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $255K | $78K | -69.4% |
| 2 Bedrooms | $119.9K | $115K | -4.1% |
| 3 Bedrooms | $195K | $205K | +5.1% |
| 4 Bedrooms | $260K | $311K | +19.6% |
| 5+ Bedrooms | $315K | $370K | +17.5% |
Summary: Sapulpa housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 69.4%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 19.6%, and 5+ bedroom homes increased by 17.5%.
Housing Supply in Sapulpa, OK
How many homes are available in Sapulpa, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 119 | 115 | -3.4% |
Summary: The Sapulpa real estate market had 115 homes for sale in April 2024, a 3.4% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 18 | 10 | -44.4% |
| 3 Bedrooms | 65 | 70 | +7.7% |
| 4 Bedrooms | 24 | 24 | 0.0% |
| 5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Sapulpa housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes decreased by 44.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 43 | 28 | -34.9% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sapulpa, you may be able to get a good deal. 39.3% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Sapulpa in April 2024, down by 34.9% month-over-month. Of the 28 sold homes, 39% were sold under asking, 29% were sold at asking, and 32% were sold over asking.
Days on Market for Sapulpa, OK
How long does it take to sell a home in Sapulpa, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 13 Days | 19 Days | +36.9% |
Summary: Homes in Sapulpa had an average of 19 days on market in Apr 2024, up by 36.9% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Sapulpa are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 28 homes were sold in Sapulpa; 93% of homes were sold within 30 days, 4% of homes were sold within 30 to 90 days, and 4% of homes were sold over 90 days.
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