Is Southeast Pontotoc, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Southeast Pontotoc was a Buyer's Market.
Key Takeaway
Southeast Pontotoc is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southeast Pontotoc, OK
How much do homes in Southeast Pontotoc, OK cost?
Median Sold Price
$198,000
$136/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Southeast Pontotoc have sold for 7% more than they did a year ago.
Summary: The median home sold price in Southeast Pontotoc was $198,000 in April 2024, up 7% from last year, and the median price per square foot was $136.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $96.4K | $265K | +174.8% |
| 3 Bedrooms | $185K | $167K | -9.7% |
| 4 Bedrooms | $310K | $248.9K | -19.7% |
| 5+ Bedrooms | $351K | - | N/A |
Summary: Southeast Pontotoc housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 174.8%, 3 bedroom homes decreased by 9.7%, 4 bedroom homes decreased by 19.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Southeast Pontotoc | $185K | $198K | +7.0% |
| Ada | $165K | $176.1K | +6.8% |
Housing Supply in Southeast Pontotoc, OK
How many homes are available in Southeast Pontotoc, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 14 | +27.3% |
Summary: The Southeast Pontotoc real estate market had 14 homes for sale in April 2024, a 27.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 7 | +40.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Southeast Pontotoc 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 remained the same, 3 bedroom homes increased by 40%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 0 | 4 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Pontotoc, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Southeast Pontotoc in April 2024, up by 100.0% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and 50% were sold over asking.
Days on Market for Southeast Pontotoc, OK
How long does it take to sell a home in Southeast Pontotoc, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 65 Days | 50 Days | -22.7% |
Summary: Homes in Southeast Pontotoc had an average of 50 days on market in Apr 2024, down by 22.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Southeast Pontotoc has remained consistent over time.
Summary: During April 2024, 4 homes were sold in Southeast Pontotoc; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 