Is Mounds, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Mounds was a Buyer's Market.
Key Takeaway
Mounds 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 Mounds, OK
How much do homes in Mounds, OK cost?
Median Sold Price
$282,000
$130/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Key Takeaway
Homes in Mounds have sold for 37.9% less than they did a month ago.
Summary: The median home sold price in Mounds was $282,000 in March 2024, down 37.9% from last month, and the median price per square foot was $130.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $143K | N/A |
| 3 Bedrooms | $362.5K | $282K | -22.2% |
| 4 Bedrooms | $545K | - | N/A |
| 5+ Bedrooms | - | $330K | N/A |
Summary: Mounds housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 22.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Mounds, OK
How many homes are available in Mounds, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Summary: The Mounds real estate market had 19 homes for sale in March 2024, the same as February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 2 | +100.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Mounds housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 14.3%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mounds, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Mounds in March 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Mounds, OK
How long does it take to sell a home in Mounds, OK?
Average Sale Time
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 117 Days | 5 Days | -95.7% |
Summary: Homes in Mounds had an average of 5 days on market in Mar 2024, down by 95.7% compared to last month.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mounds are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 3 homes were sold in Mounds; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
