Is North Cleveland, 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, North Cleveland has remained a Seller's Market.
Housing Prices in North Cleveland, OK
How much do homes in North Cleveland, OK cost?
Median Sold Price
$250,003
$152/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Cleveland was $250,003 in April 2024, up 2.1% from last year, and the median price per square foot was $152.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $141.2K | N/A |
2 Bedrooms | $163.7K | $178.5K | +9.0% |
3 Bedrooms | $225.5K | $229.4K | +1.7% |
4 Bedrooms | $322.4K | $315K | -2.3% |
5+ Bedrooms | $450K | $502K | +11.6% |
Summary: North Cleveland 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 9%, 3 bedroom homes increased by 1.7%, 4 bedroom homes decreased by 2.3%, and 5+ bedroom homes increased by 11.6%.
Median Sold Price Compared To Nearby Cities
Oklahoma City Southeast | $184K | $195.4K | +6.2% |
Moore | $216.1K | $224.1K | +3.7% |
North Cleveland | $244.7K | $250K | +2.1% |
Norman | $254.8K | $260.1K | +2.1% |
Oklahoma City | $244.9K | $249.9K | +2.1% |
Housing Supply in North Cleveland, OK
How many homes are available in North Cleveland, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
572 | 635 | +11.0% |
Summary: The North Cleveland real estate market had 635 homes for sale in April 2024, a 11.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 3 | 0.0% |
2 Bedrooms | 18 | 22 | +22.2% |
3 Bedrooms | 337 | 372 | +10.4% |
4 Bedrooms | 185 | 208 | +12.4% |
5+ Bedrooms | 29 | 30 | +3.4% |
Summary: The North Cleveland 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 increased by 22.2%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 12.4%, and 5+ bedroom homes increased by 3.4%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
131 | 147 | +12.2% |
Asking Price vs. Sold Price
66 Homes Were Sold
Under Asking
48 Homes Were Sold
At Asking
33 Homes Were Sold
Over Asking
Summary: A total of 147 homes were sold or pending in North Cleveland in April 2024, up by 12.2% month-over-month. Of the 147 sold homes, 45% were sold under asking, 33% were sold at asking, and 22% were sold over asking.
Days on Market for North Cleveland, OK
How long does it take to sell a home in North Cleveland, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
24 Days | 29 Days | +20.8% |
Summary: Homes in North Cleveland had an average of 29 days on market in Apr 2024, up by 20.8% compared to last year.
Breakdown of Home Sale Times
107 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
12 Homes Were Sold
Over 90 Days
Summary: During April 2024, 147 homes were sold in North Cleveland; 73% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.