Is Glenpool, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Glenpool has remained a Seller's Market.
Key Takeaway
Glenpool is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Glenpool, OK
How much do homes in Glenpool, OK cost?
Median Sold Price
$274,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Glenpool have sold for 1.5% more than they did a year ago.
Summary: The median home sold price in Glenpool was $274,000 in May 2024, up 1.5% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $65K | $125.7K | +93.4% |
| 3 Bedrooms | $222.2K | $240K | +8.0% |
| 4 Bedrooms | $320K | $329.9K | +3.1% |
| 5+ Bedrooms | $585K | $420K | -28.2% |
Summary: Glenpool housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 93.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 28.2%.
Housing Supply in Glenpool, OK
How many homes are available in Glenpool, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 86 | 86 | 0.0% |
Summary: The Glenpool real estate market had 86 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 45 | 36 | -20.0% |
| 4 Bedrooms | 35 | 40 | +14.3% |
| 5+ Bedrooms | 4 | 7 | +75.0% |
Summary: The Glenpool housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes increased by 75%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 30 | 18 | -40.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Glenpool, you may be able to get a good deal. 44.4% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in Glenpool in May 2024, down by 40.0% month-over-month. Of the 18 sold homes, 44% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for Glenpool, OK
How long does it take to sell a home in Glenpool, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 32 Days | 28 Days | -12.9% |
Summary: Homes in Glenpool had an average of 28 days on market in May 2024, down by 12.9% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Glenpool are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 18 homes were sold in Glenpool; 67% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
