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1. • • The Oklahoma real estate market is expected to lean more in favor of the buyers in the latter half of 2024. Home prices are rising slowly, and the number of homes for sale has increased by 21% YoY. Buyers now have more choices. With mortgage rates around 5.88%, buyers also have more purchasing power.
     www.houzeo.com/blog/oklahoma-real-estate-market/

     Oklahoma Real Estate Market: What to Expect in 2024 & 2025?

2. People also ask

   Is 2024 a good time to buy a house in Oklahoma?

   • 2024 will be a good market for buyers and sellers in Oklahoma. Home prices are rising and will continue to rise due to limited inventory. In January 2024, there were only 14,320 houses for sale in Oklahoma, which is a very limited supply to meet the demand from house hunters.

   Oklahoma Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/oklahoma-real-estate-market/

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   Will Oklahoma home buyers return in 2024?

   • Home buyers are expected to return to the Oklahoma real estate market in 2024. The recent increase in mortgage applications is a clear indication of this trend. Home shoppers who could not find affordable homes in the previous year will also start shopping in 2024 as home listings become more plentiful.

   Oklahoma Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/oklahoma-real-estate-market/

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   What will Oklahoma's housing market look like in 2024?

   • In 2024, home sellers who have been on the sidelines will return to the market. This includes those who cannot avoid new jobs or want to move to a more affordable place, despite the challenges of rising mortgage rates and home prices.

   Oklahoma Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/oklahoma-real-estate-market/

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   Will Oklahoma's housing market crash in 2024?

   • Despite 2023's skyrocketing interest payments and soaring home prices, Oklahoma's housing market will not crash in 2024. Oklahomans have managed to keep the market afloat.

   Oklahoma Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/oklahoma-real-estate-market/

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   Is it a good time to buy a home in Oklahoma?

   • Oklahoma's housing market is strong with home values having increased by 50.4% in the last 5 years. Despite mortgage rates climbing to 7.28% in January 2024, home sales increased by 2.3% YoY. This indicates that the housing market in Oklahoma is still attractive for buyers.

   Oklahoma Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/oklahoma-real-estate-market/

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   What is the average home price in Oklahoma in 2024?

   • In 2024, the average median home price in Oklahoma is expected to be $227,000, with a marginal increase YoY due to the state's tight inventory. According to January 2024 data, home sales increased by 2.3% YoY, with a total of 2692 homes sold, up from 2632 in January 2023.

   Oklahoma Real Estate Market: Predictions for 2024 - Houzeo

   www.houzeo.com/blog/oklahoma-real-estate-market/

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3. www.houzeo.com › blog › oklahoma-real-estate-marketOklahoma Real Estate Market: What to Expect in 2024 & 2025?

   www.houzeo.com › blog › oklahoma-real-estate-market

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   Sep 2, 2024 · The Oklahoma real estate market is expected to lean more in favor of the buyers in the latter half of 2024. Home prices are rising slowly, and the number of homes for sale has increased by 21% YoY. Buyers now have more choices.

   • 4.9/5 (7.1K)

   • Author: Houzeo

4. www.noradarealestate.com › blog › oklahoma-housingOklahoma Housing Market: Trends and Forecast 2025-2026

   www.noradarealestate.com › blog › oklahoma-housing

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   Oct 23, 2024 · As of September 30th, 2024, the Oklahoma housing market shows some interesting trends. The average home value sits at $205,646, a 3.2% increase from last year. Homes are going pending (meaning they're under contract) surprisingly fast—around 24 days.

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6. listwithclever.com › real-estate-blog › the-bestThe Best Time to Buy a House in Oklahoma (2024)

   listwithclever.com › real-estate-blog › the-best

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   Jun 4, 2024 · The best time to buy a house in Oklahoma depends on your priorities and situation. This article examines listing prices, housing inventory, and mortgage rate trends in Oklahoma so that you can make an informed decision.

7. theclose.com › best-and-worst-time-to-buy-a-houseThe Best & Worst Times to Buy a House Going Into 2025 - The Close

   theclose.com › best-and-worst-time-to-buy-a-house

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   Sep 3, 2024 · Based on 2023 and 2024 US housing market data, 1 the best time to buy real estate is from September to February—during the fall and winter months. I evaluated real estate inventory and activity during this time, seasonal changes in pricing, and the average time listings spent on the market.

8. www.houzeo.com › blog › best-time-to-buy-a-house-inWhen Is the Best Time to Buy a House in Oklahoma in 2024?

   www.houzeo.com › blog › best-time-to-buy-a-house-in

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   Aug 31, 2024 · Yes. This is the best time to buy a house in Oklahoma. With the current trend in the OK housing market, you’ll find better deals on your dream home during Q2 2024. As per Fannie Mae, mortgage rates may drop more in Q2 of 2024 due to economic changes, inflation, and central bank policy adjustments.

   • 4.9/5 (8.2K)

9. www.forbes.com › advisor › mortgagesWill The Housing Market Crash in 2024? Experts Give 5-Year ...

   www.forbes.com › advisor › mortgages

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   Dec 5, 2023 · “While house prices grew at record rates in 2021, the reasons for the increase was not primarily speculation or credit expansion, but rather record-low mortgage rates and a fundamental shift in...

10. www.noradarealestate.com › blog › oklahoma-city-realOklahoma City Housing Market: Trends and Forecast 2024-2025

    www.noradarealestate.com › blog › oklahoma-city-real

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    Oct 23, 2024 · Oklahoma City Housing Market Forecast 2024-2025. Let's dive into a detailed forecast, examining recent trends and projecting what lies ahead. As of September 2024, the average home value in Oklahoma City sits at $200,587, according to Zillow. That's a 1.9% increase over the past year.