El Reno, OK

Buyer's market-16.0% YoY

Housing market overview · Updated weekly

$161,635median sale price

Homes sold

18

Last 12 weeks

Days on market

85

Average pace

Active listings

87

4.8 months supply

Sale-to-list

94.7%

Below asking

The El Reno housing market is currently classified as a buyer's market with a median sale price of $161,635. Prices have fallen 16.0% compared to last year, with homes spending an average of 85 days on market, indicating 4.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in El Reno

There are currently 87 homes listed for sale in El Reno, Oklahoma. The median listing price is $195K.

Active listings

87

Homes on market

Median list price

$195K

Avg. days on market

85

Days until sale

New this week

25

Newly listed

Price drops:27.6%of listings
Sale-to-list:94.7%

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Frequently asked questions

What is the average home price in El Reno?

The median home sale price in El Reno is $161,635, down 16.0% from last year.

How long do homes stay on market in El Reno?

Homes typically spend 85 days on market before going under contract.

Is El Reno a buyer's or seller's market?

With 4.8 months of supply, El Reno is currently a buyer's market.

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