Is McLoud, 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, McLoud has remained a Seller's Market.
Key Takeaway
McLoud is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in McLoud, OK
How much do homes in McLoud, OK cost?
Median Sold Price
$242,500
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in McLoud have sold for 34.7% more than they did a year ago.
Summary: The median home sold price in McLoud was $242,500 in April 2024, up 34.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $150K | +66.7% |
| 2 Bedrooms | $140K | $150K | +7.1% |
| 3 Bedrooms | $177.5K | $225K | +26.8% |
| 4 Bedrooms | $190.5K | $332.8K | +74.7% |
| 5+ Bedrooms | - | $420K | N/A |
Summary: McLoud housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 26.8%, 4 bedroom homes increased by 74.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| McLoud | $180K | $242.5K | +34.7% |
| Newalla | $247.2K | $269.1K | +8.9% |
| Oklahoma City Southeast | $184K | $195.4K | +6.2% |
| Oklahoma City | $244.9K | $249.9K | +2.1% |
Housing Supply in McLoud, OK
How many homes are available in McLoud, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 32 | 35 | +9.4% |
Summary: The McLoud real estate market had 35 homes for sale in April 2024, a 9.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The McLoud 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 decreased by 16.7%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in McLoud, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in McLoud in April 2024, up by 16.7% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.
Days on Market for McLoud, OK
How long does it take to sell a home in McLoud, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 24 Days | -51.5% |
Summary: Homes in McLoud had an average of 24 days on market in Apr 2024, down by 51.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in McLoud are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in McLoud; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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