The median single family home price in Arcadia OK this week is $310,869. The 32 homes have been on the market for an average of 213 days. Inventory and days-on-market are climbing, while the Market Action Index has been flat recently pointing to a weakening market.
The Arcadia market is currently quite strongly in the Buyer’s Market zone (below 30). The 90-day Market Action Index stands at 6. With several months of inventory available at the current sales rate, buyers should find ample choice. The market has settled in at a relative static level in inventory and sales conditions. It’s a Buyer’s market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
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