Is Mannford, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mannford is a neutral's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Mannford was a Seller's Market.

Key Takeaway

Mannford is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Mannford, OK

How much do homes in Mannford, OK cost?

Median Sold Price

$225,000

$138/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

+$11,000(+5.1%)

Key Takeaway

Homes in Mannford have sold for 5.1% more than they did a year ago.

Summary: The median home sold price in Mannford was $225,000 in August 2024, up 5.1% from last year, and the median price per square foot was $138.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 $350K-
N/A
2 $165K$126.5K
-23.3%
3 $200K$225K
+12.5%
4 $250K$238.4K
-4.6%
5+ $415K$369.9K
-10.9%

Summary: Mannford housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 23.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 4.6%, and 5+ bedroom homes decreased by 10.9%.

Median Sold Price Compared To Nearby Cities

Keystone Lake
+8.8%
Mannford
+5.1%
Sand Springs
0.4%

Housing Supply in Mannford, OK

How many homes are available in Mannford, OK?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
2933+13.8%

Summary: The Mannford real estate market had 33 homes for sale in August 2024, a 13.8% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1015
+50.0%
4 1413
-7.1%
5+ 33
0.0%

Summary: The Mannford housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mannford, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Mannford in August 2024, up by 25.0% month-over-month. Of the 5 sold homes, 20% were sold under asking, 40% were sold at asking, and 40% 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

Aug 2023Aug 2024CHANGE
49 Days17 Days-65.5%

Summary: Homes in Mannford had an average of 17 days on market in Aug 2024, down by 65.5% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mannford are selling fast, if you're buying plan to act quickly.

Summary: During August 2024, 5 homes were sold in Mannford; 80% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Mannford, OK

Nearby Markets to Mannford, OK

What housing markets are near Mannford, OK?