$8,311 Closing Credit*
$699,900
3,035 SqFt
3 Beds
•2 Full Baths, 2 Partial
Mike Parks, Listing Office: MP Realty Group
Is Mounds, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Mounds was a Neutral Market.
Key Takeaway
Mounds is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mounds, OK
How much do homes in Mounds, OK cost?
Median Sold Price
$304,400
$159/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$55,900(+22.5%)
Key Takeaway
Homes in Mounds have sold for 22.5% more than they did a year ago.
Summary: The median home sold price in Mounds was $304,400 in August 2024, up 22.5% from last year, and the median price per square foot was $159.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $125K | $136.5K | +9.2% |
| 3 Bedrooms | $244.5K | $245K | 0.2% |
| 4 Bedrooms | $297.5K | $692.5K | +132.8% |
| 5+ Bedrooms | $599K | $825K | +37.7% |
Summary: Mounds 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 increased by 9.2%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 132.8%, and 5+ bedroom homes increased by 37.7%.
Housing Supply in Mounds, OK
How many homes are available in Mounds, OK?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The Mounds real estate market had 17 homes for sale in August 2024, a 30.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 3 | +200.0% |
Summary: The Mounds 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 increased by 50%, 3 bedroom homes increased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mounds, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Mounds in August 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 38 Days | 2 Days | -94.7% |
Summary: Homes in Mounds had an average of 2 days on market in Aug 2024, down by 94.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was 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 August 2024, 1 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.
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