El Reno, OK
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
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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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