Is The Village, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, The Village has remained a Seller's Market.
Housing Prices in The Village, OK
How much do homes in The Village, OK cost?
Median Sold Price
$220,000
$171/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Summary: The median home sold price in The Village was $220,000 in April 2024, the same as last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $170K | $182.7K | +7.5% |
3 Bedrooms | $221K | $225K | +1.8% |
4 Bedrooms | $260K | $358K | +37.7% |
5+ Bedrooms | - | $187.1K | N/A |
Summary: The Village housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 1.8%, 4 bedroom homes increased by 37.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Oklahoma City Southwest | $210K | $215K | +2.4% |
Oklahoma City | $244.9K | $249.9K | +2.1% |
Nichols Hills | $796K | $797K | 0.1% |
The Village | $220K | $220K | 0.0% |
Housing Supply in The Village, OK
How many homes are available in The Village, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
60 | 60 | 0.0% |
Summary: The The Village real estate market had 60 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 8 | 7 | -12.5% |
3 Bedrooms | 49 | 46 | -6.1% |
4 Bedrooms | 3 | 7 | +133.3% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The The Village housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 133.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
22 | 17 | -22.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 17 homes were sold or pending in The Village in April 2024, down by 22.7% month-over-month. Of the 17 sold homes, 53% were sold under asking, 12% were sold at asking, and 35% were sold over asking.
Days on Market for The Village, OK
How long does it take to sell a home in The Village, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
10 Days | 13 Days | +26.9% |
Summary: Homes in The Village had an average of 13 days on market in Apr 2024, up by 26.9% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 17 homes were sold in The Village; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.