Is Ochelata-Ramona, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Ochelata-Ramona was a Seller's Market.
Key Takeaway
Ochelata-Ramona is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Ochelata-Ramona, OK
How much do homes in Ochelata-Ramona, OK cost?
Median Sold Price
$270,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Ochelata-Ramona have sold for 11.5% less than they did a year ago.
Summary: The median home sold price in Ochelata-Ramona was $270,000 in May 2024, down 11.5% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $150K | $65K | -56.7% |
| 3 Bedrooms | $210.5K | $201K | -4.5% |
| 4 Bedrooms | $442.5K | $436K | -1.5% |
| 5+ Bedrooms | $583.9K | $849K | +45.4% |
Summary: Ochelata-Ramona 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 decreased by 56.7%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 45.4%.
Median Sold Price Compared To Nearby Cities
| Bartlesville | $179K | $175K | -2.2% |
| Ochelata-Ramona | $305K | $270K | -11.5% |
| Ochelata | $226.5K | $125K | -44.8% |
Housing Supply in Ochelata-Ramona, OK
How many homes are available in Ochelata-Ramona, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Ochelata-Ramona real estate market had 13 homes for sale in May 2024, a 18.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Ochelata-Ramona housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Ochelata-Ramona, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Ochelata-Ramona in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Ochelata-Ramona, OK
How long does it take to sell a home in Ochelata-Ramona, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 31 Days | 103 Days | +233.9% |
Summary: Homes in Ochelata-Ramona had an average of 103 days on market in May 2024, up by 233.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Ochelata-Ramona are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 2 homes were sold in Ochelata-Ramona; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Copyright© 2024 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. 