Toby Brown, Listing Office: The Brown Group
Oklahoma City Southeast Housing Market Report December 2024•Oklahoma County, Oklahoma
Housing Prices in Oklahoma City Southeast, OK
How much do homes in Oklahoma City Southeast, OK cost?
Housing Market Conditions
Is Oklahoma City Southeast, OK a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Oklahoma City Southeast is a Seller's Market
Difference Since December 2023
Since last year, Oklahoma City Southeast has remained a Seller's Market.
Oklahoma City Southeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Oklahoma City Southeast have sold for 5.3% more than they did a year ago.
Summary: The median home sold price in Oklahoma City Southeast was $200,000 in December 2024, up 5.3% from last year, and the median price per square foot was $139.
Median Sold Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Midwest City | $168K | $189.7K | +12.9% |
Oklahoma City Southeast | $189.9K | $200K | +5.3% |
Spencer | $149K | $156.2K | +4.9% |
Choctaw | $310.6K | $315K | +1.4% |
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $100K | $100K | 0.0% |
22 Bedrooms | $110K | $127K | +15.5% |
33 Bedrooms | $185K | $197.1K | +6.5% |
44 Bedrooms | $280K | $264K | -5.7% |
55+ Bedrooms | $380.5K | $351K | -7.8% |
Summary: Oklahoma City Southeast housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +15.5%. The home price for 3 bedroom homes increased by +6.5%. The home price for 4 bedroom homes decreased by -5.7%. The home price for 5 bedroom homes decreased by -7.8%.
Housing supply in Oklahoma City Southeast, OK
How many homes are available in Oklahoma City Southeast, OK?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
627Last MonthDec 2024 | ||
6272 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Summary: The Oklahoma City Southeast real estate market had 627 homes for sale in Dec 2024, the same as Nov 2024
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
139Last MonthDec 2024 | ||
1152 months agoNov 2024 | +20.9 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 2 | 0.0% |
22 Bedrooms | 43 | 48 | +11.6% |
33 Bedrooms | 399 | 391 | -2.0% |
44 Bedrooms | 156 | 160 | +2.6% |
55+ Bedrooms | 27 | 26 | -3.7% |
Summary: Oklahoma City Southeast housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +11.6%. The inventory for 3 bedroom homes decreased by -2.0%. The inventory for 4 bedroom homes increased by +2.6%. The inventory for 5 bedroom homes decreased by -3.7%.
Asking Price vs. Sold Price
How much do homes in Oklahoma City Southeast, OK cost?
Over Asking Price21 Homes
At Asking Price50 Homes
Under Asking Price68 Homes
If you're buying a home in Oklahoma City Southeast, you may be able to get a good deal. 48.9% of homes here sold below asking price last month.
Summary: A total of 139 homes were sold or pending in Oklahoma City Southeast in December 2024, up by 20.9% month-over-month. Of the 139 sold homes, 49% were sold under asking, 36% were sold at asking, and and 15% were sold over asking.
Days on Market for Oklahoma City Southeast, OK
How long does it take to sell a home in Oklahoma City Southeast, OK?
Breakdown of Home Sale Times
Under 30 Days68 Homes
30 – 90 Days59 Homes
Over 90 Days12 Homes
Many homes in Oklahoma City Southeast are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 139 homes were sold in Oklahoma City Southeast; 49% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
39 DaysThis YearDec 2024 | ||
30 Days1 year agoDec 2023 | +29.2 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Oklahoma City Southeast had an average listing age of 39 days in Dec 2024, up by 29.2% compared to the previous year.
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Newest Listings in Oklahoma City Southeast, OK
What homes are available in Oklahoma City Southeast, OK?
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MLS Disclaimers and Copyright
Based on information from MLS of Oklahoma, MLS Technology Inc., and Northwest Arkansas Board of Realtors MLS / Arkansas Regional MLS LLC for the period 01/01/2023 - 01/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:14:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.