#1155092, Jennifer Holdge, Listing Office: Nine North Real Estate
Oklahoma City Southwest Housing Market Report January 2025•Oklahoma County, Oklahoma
Housing Prices in Oklahoma City Southwest, OK
How much do homes in Oklahoma City Southwest, OK cost?
Housing Market Conditions
Is Oklahoma City Southwest, OK a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Oklahoma City Southwest is a Neutral Market
Difference Since January 2024
At the same time last year, Oklahoma City Southwest was a Seller's Market.
Oklahoma City Southwest 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
Based on all homes sold in the last 12 months
The sold price of homes in Oklahoma City Southwest has remained the same since last year.
Summary: The median home sold price in Oklahoma City Southwest was $215,211 in January 2025, up 0.1% from last year, and the median price per square foot was $142.
Median Sold Price By Cities
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
Nichols Hills | $822.5K | $975K | +18.5% |
Warr Acres | $185K | $200K | +8.1% |
The Village | $217K | $227.6K | +4.9% |
Oklahoma City | $250K | $254.3K | +1.7% |
Oklahoma City Southwest | $214.9K | $215.2K | 0.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $91.4K | $101K | +10.5% |
22 Bedrooms | $150K | $157.1K | +4.8% |
33 Bedrooms | $209.9K | $215K | +2.4% |
44 Bedrooms | $292.5K | $289K | -1.2% |
55+ Bedrooms | $379.6K | $395K | +4.0% |
Summary: Oklahoma City Southwest housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +10.5%. The home price for 2 bedroom homes increased by +4.8%. The home price for 3 bedroom homes increased by +2.4%. The home price for 4 bedroom homes decreased by -1.2%. The home price for 5 bedroom homes increased by +4.0%.
Housing supply in Oklahoma City Southwest, OK
How many homes are available in Oklahoma City Southwest, OK?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
1,782Last MonthJan 2025 | ||
1,6542 months agoDec 2024 | +7.7 % Change MoMDec – Jan |
Summary: The Oklahoma City Southwest real estate market had 1,782 homes for sale in Jan 2025, a 7.7 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
255Last MonthJan 2025 | ||
3782 months agoDec 2024 | -32.5 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 32 | 35 | +9.4% |
22 Bedrooms | 299 | 327 | +9.4% |
33 Bedrooms | 868 | 937 | +7.9% |
44 Bedrooms | 349 | 367 | +5.2% |
55+ Bedrooms | 106 | 116 | +9.4% |
Summary: Oklahoma City Southwest housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +9.4%. The inventory for 2 bedroom homes increased by +9.4%. The inventory for 3 bedroom homes increased by +7.9%. The inventory for 4 bedroom homes increased by +5.2%. The inventory for 5 bedroom homes increased by +9.4%.
Asking Price vs. Sold Price
How much do homes in Oklahoma City Southwest, OK cost?
Over Asking Price32 Homes
At Asking Price69 Homes
Under Asking Price154 Homes
If you're buying a home in Oklahoma City Southwest, you may be able to get a good deal. 60.4% of homes here sold below asking price last month.
Summary: A total of 255 homes were sold or pending in Oklahoma City Southwest in January 2025, down by 32.5% month-over-month. Of the 255 sold homes, 60% were sold under asking, 27% were sold at asking, and and 13% were sold over asking.
Days on Market for Oklahoma City Southwest, OK
How long does it take to sell a home in Oklahoma City Southwest, OK?
Breakdown of Home Sale Times
Under 30 Days139 Homes
30 – 90 Days87 Homes
Over 90 Days29 Homes
Many homes in Oklahoma City Southwest are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 255 homes were sold in Oklahoma City Southwest; 55% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
41 DaysThis YearJan 2025 | ||
33 Days1 year agoJan 2024 | +24.4 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Oklahoma City Southwest had an average listing age of 41 days in Jan 2025, up by 24.4% compared to the previous year.
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Newest Listings in Oklahoma City Southwest, OK
What homes are available in Oklahoma City Southwest, OK?
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MLS Disclaimers and Copyright
Based on information from MLS of Oklahoma, and MLS Technology Inc. for the period 02/01/2023 - 02/01/2025
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 5:14:50 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: 2/20/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.