Is Del City, 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, Del City has remained a Seller's Market.
Housing Prices in Del City, OK
How much do homes in Del City, OK cost?
Median Sold Price
$148,300
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Del City was $148,300 in May 2024, up 6% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $103.1K | $112.5K | +9.1% |
3 Bedrooms | $140.5K | $150K | +6.8% |
4 Bedrooms | $154K | $177.2K | +15.1% |
5+ Bedrooms | $235K | $195.4K | -16.8% |
Summary: Del City 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 9.1%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes decreased by 16.8%.
Median Sold Price Compared To Nearby Cities
Del City | $139.9K | $148.3K | +6.0% |
Midwest City | $167.4K | $177K | +5.8% |
Oklahoma City Southwest | $210K | $214.9K | +2.4% |
Oklahoma City | $248.9K | $250K | 0.4% |
Housing Supply in Del City, OK
How many homes are available in Del City, OK?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
84 | 84 | 0.0% |
Summary: The Del City real estate market had 84 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 | 0 | 0.0% |
2 Bedrooms | 13 | 14 | +7.7% |
3 Bedrooms | 54 | 53 | -1.9% |
4 Bedrooms | 16 | 16 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Del City 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 increased by 7.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
22 | 28 | +27.3% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Del City in May 2024, up by 27.3% month-over-month. Of the 28 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for Del City, OK
How long does it take to sell a home in Del City, OK?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
15 Days | 16 Days | +6.6% |
Summary: Homes in Del City had an average of 16 days on market in May 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During May 2024, 28 homes were sold in Del City; 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.