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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mounds is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, Mounds was a Seller's 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

$344,950

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$99,950(+40.8%)

Key Takeaway

Homes in Mounds have sold for 40.8% more than they did a year ago.

Summary: The median home sold price in Mounds was $344,950 in September 2024, up 40.8% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 --
N/A
2 $125K$143K
+14.4%
3 $240K$286K
+19.2%
4 $300K$545K
+81.7%
5+ $599K$820.5K
+37.0%

Summary: Mounds housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 81.7%, and 5+ bedroom homes increased by 37%.

Median Sold Price Compared To Nearby Cities

Mounds
+40.8%
Mounds
+34.3%
Beggs
-7.1%

Housing Supply in Mounds, OK

How many homes are available in Mounds, OK?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
22220.0%

Summary: The Mounds real estate market had 22 homes for sale in September 2024, the same as August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 31
-66.7%
3 1414
0.0%
4 24
+100.0%
5+ 33
0.0%

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

Number of Homes Sold

Aug 2024Sep 2024CHANGE
220.0%

Asking Price vs. Sold Price

0 Homes Were 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 Mounds, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 2 homes were sold or pending in Mounds in September 2024, the same as the previous month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% 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

Sep 2023Sep 2024CHANGE
21 Days64 Days+192.8%

Summary: Homes in Mounds had an average of 64 days on market in Sep 2024, up by 192.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mounds has remained consistent over time.

Summary: During September 2024, 2 homes were sold in Mounds; 0% of homes were sold within 30 days, 100% 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 6 Days Ago

Newest Listings in Mounds, OK

Nearby Markets to Mounds, OK

What housing markets are near Mounds, OK?