Hennessey Housing Market Report May 2025•Kingfisher County, Oklahoma

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Housing Prices in Hennessey, OK

How much do homes in Hennessey, OK cost?

Housing Market Conditions

Is Hennessey, 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

Hennessey is a Neutral Market

Difference Since April 2025

Last month, Hennessey has remained a Neutral Market.

Insight

Hennessey is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

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.
$115,000$84/SqFt
-$50,000
-30.3%

Based on all homes sold in May 2025

Insight

Homes in Hennessey have sold for 30.3% less than they did a month ago.

Summary: The median home sold price in Hennessey was $115,000 in May 2025, down 30.3% from last month, and the median price per square foot was $84.

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.
BedsApr 2025May 2025Change MoM
1--
N/A
2--
N/A
3$165K$115K
-30.3%
4--
N/A
5--
N/A

Summary: Hennessey housing price by bedroom type for May 2025, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes decreased by -30.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

How does Hennessey, OK compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Hennessey, OK

Housing supply in Hennessey, OK

How many homes are available in Hennessey, 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
6Last MonthMay 2025
72 months agoApr 2025
-14.3 %
Change MoMApr – May

Summary: The Hennessey real estate market had 6 homes for sale in May 2025, a 14.3 % decrease compared to Apr 2025.

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
1Last MonthMay 2025
12 months agoApr 2025
0.0 %
Change MoMApr – May

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.
BedsApr 2025May 2025Change MoM
100
0.0%
211
0.0%
365
-16.7%
400
0.0%
500
0.0%

Summary: Hennessey housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Hennessey, 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 Price0 Home

Insight

If you're buying a home in Hennessey, expect to pay close to the asking price. 100% of homes here sold near the asking price last month.

Summary: A total of 1 homes were sold or pending in Hennessey in May 2025, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and and 0% were sold over asking.

Days on Market for Hennessey, OK

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

Breakdown of Home Sale Times

Under 30 Days0 Home

30 – 90 Days1 Home

Over 90 Days0 Home

Insight

Avg time on Rocket Homes in Hennessey has remained consistent over time.

Summary: During May 2025, 1 homes were sold in Hennessey; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.
Last Month1 month agoChange MoM
37 DaysLast MonthMay 2025
8 Days1 month agoApr 2025
+362.5 %
Change MoMApr – May

Summary: Homes in Hennessey had an average listing age of 37 days in May 2025, up by 362.5% compared to the previous month.

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Newest Listings in Hennessey, OK

What homes are available in Hennessey, OK?

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MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, for the period 04/01/2025 - 06/01/2025

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: 6/21/2025, 11:44:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.