Is Madill, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Madill was a Buyer's Market.
Key Takeaway
Madill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Madill, OK
How much do homes in Madill, OK cost?
Median Sold Price
$143,000
$107/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Key Takeaway
Homes in Madill have sold for 2.1% more than they did a month ago.
Summary: The median home sold price in Madill was $143,000 in April 2024, up 2.1% from last month, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $143K | N/A |
| 3 Bedrooms | $140K | $130K | -7.1% |
| 4 Bedrooms | - | $255K | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Madill housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Madill | $140K | $143K | +2.1% |
| North Marshall | $140K | $143K | +2.1% |
Housing Supply in Madill, OK
How many homes are available in Madill, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 24 | +60.0% |
Summary: The Madill real estate market had 24 homes for sale in April 2024, a 60.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 3 | 5 | +66.7% |
| 3 Bedrooms | 8 | 12 | +50.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Madill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 50%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 1 | 5 | +400.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Madill, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Madill in April 2024, up by 400.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.
Days on Market for Madill, OK
How long does it take to sell a home in Madill, OK?
Average Sale Time
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 29 Days | +32.7% |
Summary: Homes in Madill had an average of 29 days on market in Apr 2024, up by 32.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Madill are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 5 homes were sold in Madill; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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