Is Mayes County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Mayes County was a Seller's Market.
Key Takeaway
Mayes County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mayes County, OK
How much do homes in Mayes County, OK cost?
Median Sold Price
$217,888
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Mayes County have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Mayes County was $217,888 in March 2024, up 8.3% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $107.5K | $234K | +117.7% |
| 2 Bedrooms | $125K | $115K | -8.0% |
| 3 Bedrooms | $199.6K | $217.2K | +8.8% |
| 4 Bedrooms | $281.9K | $329.9K | +17.0% |
| 5+ Bedrooms | $441K | $360K | -18.4% |
Summary: Mayes County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 117.7%, 2 bedroom homes decreased by 8%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 17%, and 5+ bedroom homes decreased by 18.4%.
Median Sold Price Compared To Nearby Counties
| Rogers County | $237.6K | $264.9K | +11.5% |
| Mayes County | $201.2K | $217.8K | +8.3% |
| Delaware County | $250K | $270K | +8.0% |
| Wagoner County | $259K | $279.9K | +8.0% |
| Craig County | $196K | $165K | -15.8% |
Housing Supply in Mayes County, OK
How many homes are available in Mayes County, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 177 | 188 | +6.2% |
Summary: The Mayes County real estate market had 188 homes for sale in March 2024, a 6.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 5 | +400.0% |
| 2 Bedrooms | 26 | 33 | +26.9% |
| 3 Bedrooms | 106 | 108 | +1.9% |
| 4 Bedrooms | 37 | 33 | -10.8% |
| 5+ Bedrooms | 7 | 9 | +28.6% |
Summary: The Mayes County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 400%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 28.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mayes County, you may be able to get a good deal. 61.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Mayes County in March 2024, down by 16.0% month-over-month. Of the 21 sold homes, 62% were sold under asking, 24% were sold at asking, and 14% were sold over asking.
Days on Market for Mayes County, OK
How long does it take to sell a home in Mayes County, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 72 Days | 40 Days | -44.9% |
Summary: Homes in Mayes County had an average of 40 days on market in Mar 2024, down by 44.9% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mayes County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 21 homes were sold in Mayes County; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
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