Is East Mayes, 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, East Mayes was a Seller's Market.
Key Takeaway
East Mayes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in East Mayes, OK
How much do homes in East Mayes, OK cost?
Median Sold Price
$215,000
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in East Mayes have sold for 9.4% more than they did a year ago.
Summary: The median home sold price in East Mayes was $215,000 in April 2024, up 9.4% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $91.2K | $200K | +119.2% |
| 2 Bedrooms | $156.1K | $124.9K | -20.0% |
| 3 Bedrooms | $180K | $229K | +27.2% |
| 4 Bedrooms | $447.5K | $350K | -21.8% |
| 5+ Bedrooms | $784K | $862.5K | +10.0% |
Summary: East Mayes housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 119.2%, 2 bedroom homes decreased by 20%, 3 bedroom homes increased by 27.2%, 4 bedroom homes decreased by 21.8%, and 5+ bedroom homes increased by 10%.
Housing Supply in East Mayes, OK
How many homes are available in East Mayes, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 30 | +15.4% |
Summary: The East Mayes real estate market had 30 homes for sale in April 2024, a 15.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 12 | 14 | +16.7% |
| 4 Bedrooms | 1 | 2 | +100.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The East Mayes 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 16.7%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in East Mayes, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in East Mayes in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for East Mayes, OK
How long does it take to sell a home in East Mayes, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 77 Days | 5 Days | -93.2% |
Summary: Homes in East Mayes had an average of 5 days on market in Apr 2024, down by 93.2% compared to last year.
Breakdown of Home Sale Times
4 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 East Mayes are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 4 homes were sold in East Mayes; 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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