Is East Mayes, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, East Mayes was a Seller's Market.
Housing Prices in East Mayes, OK
How much do homes in East Mayes, OK cost?
Median Sold Price
$240,000
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in East Mayes was $240,000 in February 2024, up 34.1% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $91.2K | $174.5K | +91.2% |
2 Bedrooms | $154K | $124.9K | -18.9% |
3 Bedrooms | $189.5K | $235.5K | +24.3% |
4 Bedrooms | $645K | $355K | -45.0% |
5+ Bedrooms | $987K | $823.2K | -16.6% |
Summary: East Mayes housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes increased by 91.2%, 2 bedroom homes decreased by 18.9%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 45%, and 5+ bedroom homes decreased by 16.6%.
Housing Supply in East Mayes, OK
How many homes are available in East Mayes, OK?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
23 | 25 | +8.7% |
Summary: The East Mayes real estate market had 25 homes for sale in February 2024, a 8.7% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 7 | 8 | +14.3% |
3 Bedrooms | 14 | 14 | 0.0% |
4 Bedrooms | 1 | 2 | +100.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Mayes housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
4 | 3 | -25.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in East Mayes in February 2024, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for East Mayes, OK
How long does it take to sell a home in East Mayes, OK?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
107 Days | 3 Days | -96.6% |
Summary: Homes in East Mayes had an average of 3 days on market in Feb 2024, down by 96.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During February 2024, 3 homes were sold in East Mayes; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.