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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McLoud is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

McLoud is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in McLoud, OK

How much do homes in McLoud, OK cost?

Median Sold Price

$240,000

$151/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$5,000(-2.0%)

Key Takeaway

Homes in McLoud have sold for 2% less than they did a year ago.

Summary: The median home sold price in McLoud was $240,000 in November 2024, down 2% from last year, and the median price per square foot was $151.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $90K$150K
+66.7%
2 $166.5K$142K
-14.7%
3 $235.7K$223.7K
-5.1%
4 $327.3K$294.5K
-10.0%
5+ $366.5K$464.5K
+26.7%

Summary: McLoud housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 14.7%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes increased by 26.7%.

Median Sold Price Compared To Nearby Cities

Newalla
+9.1%
Oklahoma City Southeast
+5.7%
Oklahoma City
+1.4%
McLoud
-2.0%

Housing Supply in McLoud, OK

How many homes are available in McLoud, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2830+7.1%

Summary: The McLoud real estate market had 30 homes for sale in November 2024, a 7.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 2224
+9.1%
4 12
+100.0%
5+ 31
-66.7%

Summary: The McLoud housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 66.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
63-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McLoud, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in McLoud in November 2024, down by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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

Nov 2023Nov 2024CHANGE
25 Days13 Days-48.5%

Summary: Homes in McLoud had an average of 13 days on market in Nov 2024, down by 48.5% compared to last year.

Breakdown of Home Sale Times

2 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 McLoud are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in McLoud; 67% of homes were sold within 30 days, 33% 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 2 Days Ago

Newest Listings in McLoud, OK

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