Is Southeast Osage, 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, Southeast Osage was a Seller's Market.
Key Takeaway
Southeast Osage is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Southeast Osage, OK
How much do homes in Southeast Osage, OK cost?
Median Sold Price
$274,255
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Southeast Osage have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Southeast Osage was $274,255 in April 2024, up 12.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $65K | $40K | -38.5% |
| 2 Bedrooms | $143K | $130K | -9.1% |
| 3 Bedrooms | $230K | $243K | +5.7% |
| 4 Bedrooms | $344.5K | $329K | -4.5% |
| 5+ Bedrooms | $358.5K | $634.7K | +77.1% |
Summary: Southeast Osage housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 77.1%.
Housing Supply in Southeast Osage, OK
How many homes are available in Southeast Osage, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 112 | 96 | -14.3% |
Summary: The Southeast Osage real estate market had 96 homes for sale in April 2024, a 14.3% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 67 | 51 | -23.9% |
| 4 Bedrooms | 31 | 30 | -3.2% |
| 5+ Bedrooms | 8 | 9 | +12.5% |
Summary: The Southeast Osage 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 23.9%, 4 bedroom homes decreased by 3.2%, and 5+ bedroom homes increased by 12.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 16 | -57.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Osage, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Southeast Osage in April 2024, down by 57.9% month-over-month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.
Days on Market for Southeast Osage, OK
How long does it take to sell a home in Southeast Osage, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 40 Days | 45 Days | +11.8% |
Summary: Homes in Southeast Osage had an average of 45 days on market in Apr 2024, up by 11.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Southeast Osage are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 16 homes were sold in Southeast Osage; 63% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
