Is Mannford, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mannford has remained a Seller's Market.
Key Takeaway
Mannford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mannford, OK
How much do homes in Mannford, OK cost?
Median Sold Price
$202,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mannford have sold for 10.2% less than they did a year ago.
Summary: The median home sold price in Mannford was $202,000 in April 2024, down 10.2% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | - | N/A |
| 2 Bedrooms | $152.5K | $126.5K | -17.0% |
| 3 Bedrooms | $205K | $200K | -2.4% |
| 4 Bedrooms | $275K | $225K | -18.2% |
| 5+ Bedrooms | $415K | $415K | 0.0% |
Summary: Mannford housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 17%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 18.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sand Springs | $215.3K | $236.5K | +9.8% |
| Keystone Lake | $225K | $220K | -2.2% |
| Mannford | $225K | $202K | -10.2% |
Housing Supply in Mannford, OK
How many homes are available in Mannford, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 23 | +21.1% |
Summary: The Mannford real estate market had 23 homes for sale in April 2024, a 21.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 9 | 12 | +33.3% |
| 4 Bedrooms | 7 | 6 | -14.3% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mannford housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 7 | +250.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mannford, expect to pay close to the asking price. 57.1% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in Mannford in April 2024, up by 250.0% month-over-month. Of the 7 sold homes, 43% were sold under asking, 57% were sold at asking, and 0% were sold over asking.
Days on Market for Mannford, OK
How long does it take to sell a home in Mannford, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 62 Days | 81 Days | +30.3% |
Summary: Homes in Mannford had an average of 81 days on market in Apr 2024, up by 30.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Mannford are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 7 homes were sold in Mannford; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
