Perkins Housing Market Report December 2024•Payne County, Oklahoma

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Housing Prices in Perkins, OK

How much do homes in Perkins, OK cost?

Housing Market Conditions

Is Perkins, 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

Perkins is a Seller's Market

Difference Since November 2024

Last month, Perkins was a Neutral Market.

Insight

Perkins is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

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.
$269,250$153/SqFt
-$7,000
-2.5%

Based on all homes sold in December 2024

Insight

Homes in Perkins have sold for 2.5% less than they did a month ago.

Summary: The median home sold price in Perkins was $269,250 in December 2024, down 2.5% from last month, and the median price per square foot was $153.

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.
BedsNov 2024Dec 2024Change MoM
1--
N/A
2--
N/A
3$225K$298.5K
+32.7%
4$327.5K$240K
-26.7%
5--
N/A

Summary: Perkins housing price by bedroom type for December 2024, 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 increased by +32.7%. The home price for 4 bedroom homes decreased by -26.7%. The home price for 5 bedroom homes did not change.

Housing supply in Perkins, OK

How many homes are available in Perkins, 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
10Last MonthDec 2024
122 months agoNov 2024
-16.7 %
Change MoMNov – Dec

Summary: The Perkins real estate market had 10 homes for sale in Dec 2024, a 16.7 % decrease compared to Nov 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
2Last MonthDec 2024
22 months agoNov 2024
0.0 %
Change MoMNov – Dec

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.
BedsNov 2024Dec 2024Change MoM
100
0.0%
211
0.0%
376
-14.3%
423
+50.0%
520
-100.0%

Summary: Perkins 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 remained the same. The inventory for 3 bedroom homes decreased by -14.3%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes decreased by -100.0%.

Asking Price vs. Sold Price

How much do homes in Perkins, 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 Price1 Home

Insight

If you're buying a home in Perkins, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Perkins in December 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.

Days on Market for Perkins, OK

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

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Perkins are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 2 homes were sold in Perkins; 100% of homes were sold within 30 days, 0% 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
9 DaysLast MonthDec 2024
67 Days1 month agoNov 2024
-85.9 %
Change MoMNov – Dec

Summary: Homes in Perkins had an average listing age of 9 days in Dec 2024, down by 85.9% compared to the previous month.

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Newest Listings in Perkins, OK

What homes are available in Perkins, OK?

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Nearby markets aren't available for Perkins, OK

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MLS Disclaimers and Copyright

Based on information from MLS of Oklahoma, for the period 11/01/2024 - 01/01/2025

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: 1/31/2025, 3:14:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.