Classen-Ten-Penn Housing Market Report January 2025•Oklahoma County, Oklahoma

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Housing Prices in Classen-Ten-Penn, OK

How much do homes in Classen-Ten-Penn, OK cost?

Housing Market Conditions

Is Classen-Ten-Penn, OK a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Classen-Ten-Penn is a Buyer's Market

Difference Since January 2024

At the same time last year, Classen-Ten-Penn was a Neutral Market.

Insight

Classen-Ten-Penn is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$272,000$178/SqFt
-$13,000
-4.6%

Based on all homes sold in the last 12 months

Insight

Homes in Classen-Ten-Penn have sold for 4.6% less than they did a year ago.

Summary: The median home sold price in Classen-Ten-Penn was $272,000 in January 2025, down 4.6% from last year, and the median price per square foot was $178.

Median Sold Price By Neighborhoods

Median Sold Price By Neighborhoods
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Gateway
+11.8%
Central Oklahoma City
+2.1%
Classen-Ten-Penn
-4.6%
Youngs-Englewood
-8.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1--
N/A
2$267.4K$218.5K
-18.3%
3$269.7K$247.5K
-8.2%
4$440K$399K
-9.3%
5$534.1K$339K
-36.5%

Summary: Classen-Ten-Penn housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -18.3%. The home price for 3 bedroom homes decreased by -8.2%. The home price for 4 bedroom homes decreased by -9.3%. The home price for 5 bedroom homes decreased by -36.5%.

Housing supply in Classen-Ten-Penn, OK

How many homes are available in Classen-Ten-Penn, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
28Last MonthJan 2025
242 months agoDec 2024
+16.7 %
Change MoMDec – Jan

Summary: The Classen-Ten-Penn real estate market had 28 homes for sale in Jan 2025, a 16.7 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
3Last MonthJan 2025
32 months agoDec 2024
0.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
246
+50.0%
31415
+7.1%
454
-20.0%
513
+200.0%

Summary: Classen-Ten-Penn housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes increased by +7.1%. The inventory for 4 bedroom homes decreased by -20.0%. The inventory for 5 bedroom homes increased by +200.0%.

Asking Price vs. Sold Price

How much do homes in Classen-Ten-Penn, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price1 Home

Under Asking Price2 Homes

Insight

If you're buying a home in Classen-Ten-Penn, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Classen-Ten-Penn in January 2025, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.

Days on Market for Classen-Ten-Penn, OK

How long does it take to sell a home in Classen-Ten-Penn, OK?

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days2 Homes

Over 90 Days1 Home

Insight

Avg time on Rocket Homes in Classen-Ten-Penn has remained consistent over time.

Summary: During January 2025, 3 homes were sold in Classen-Ten-Penn; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
105 DaysThis YearJan 2025
114 Days1 year agoJan 2024
-7.6 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Classen-Ten-Penn had an average listing age of 105 days in Jan 2025, down by 7.6% compared to the previous year.

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Newest Listings in Classen-Ten-Penn, OK

What homes are available in Classen-Ten-Penn, OK?

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MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, for the period 02/01/2023 - 02/01/2025

IDX Copyright© 2025 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 3:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.