Is East 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, East Cleveland has remained a Seller's Market.
Housing Prices in East Cleveland, OK
How much do homes in East Cleveland, OK cost?
Median Sold Price
$265,500
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in East Cleveland was $265,500 in April 2024, down 4.3% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $150K | $130K | -13.3% |
2 Bedrooms | $135.5K | $162K | +19.6% |
3 Bedrooms | $255K | $265K | +3.9% |
4 Bedrooms | $329K | $330.2K | 0.4% |
5+ Bedrooms | $462.4K | $476K | +2.9% |
Summary: East Cleveland housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 13.3%, 2 bedroom homes increased by 19.6%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 2.9%.
Median Sold Price Compared To Nearby Cities
Noble | $195K | $195K | 0% |
East Cleveland | $277.3K | $265.5K | -4.3% |
Slaughterville | $240K | $202K | -15.8% |
Housing Supply in East Cleveland, OK
How many homes are available in East Cleveland, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
96 | 96 | 0.0% |
Summary: The East Cleveland real estate market had 96 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 | 1 | 0 | -100.0% |
2 Bedrooms | 6 | 8 | +33.3% |
3 Bedrooms | 67 | 64 | -4.5% |
4 Bedrooms | 18 | 20 | +11.1% |
5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The East Cleveland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 19 | -9.5% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 19 homes were sold or pending in East Cleveland in April 2024, down by 9.5% month-over-month. Of the 19 sold homes, 42% were sold under asking, 37% were sold at asking, and 21% were sold over asking.
Days on Market for East Cleveland, OK
How long does it take to sell a home in East Cleveland, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 45 Days | -29.1% |
Summary: Homes in East Cleveland had an average of 45 days on market in Apr 2024, down by 29.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 19 homes were sold in East Cleveland; 53% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.