Is Mayes County, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mayes County was a Seller's Market.
Key Takeaway
Mayes County 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 Mayes County, OK
How much do homes in Mayes County, OK cost?
Median Sold Price
$220,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mayes County have sold for 11% more than they did a year ago.
Summary: The median home sold price in Mayes County was $220,000 in May 2024, up 11% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $92.2K | $217K | +135.2% |
| 2 Bedrooms | $125K | $114K | -8.8% |
| 3 Bedrooms | $195K | $220K | +12.8% |
| 4 Bedrooms | $299K | $338K | +13.0% |
| 5+ Bedrooms | $398.5K | $321.9K | -19.2% |
Summary: Mayes County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 135.2%, 2 bedroom homes decreased by 8.8%, 3 bedroom homes increased by 12.8%, 4 bedroom homes increased by 13%, and 5+ bedroom homes decreased by 19.2%.
Median Sold Price Compared To Nearby Counties
| Mayes County | $198.2K | $220K | +11.0% |
| Delaware County | $247.5K | $265K | +7.1% |
| Wagoner County | $268.5K | $286.8K | +6.8% |
| Rogers County | $247.7K | $259.9K | +4.9% |
| Craig County | $189K | $155K | -18.0% |
Housing Supply in Mayes County, OK
How many homes are available in Mayes County, OK?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 196 | 219 | +11.7% |
Summary: The Mayes County real estate market had 219 homes for sale in May 2024, a 11.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 3 | -25.0% |
| 2 Bedrooms | 36 | 31 | -13.9% |
| 3 Bedrooms | 113 | 131 | +15.9% |
| 4 Bedrooms | 33 | 41 | +24.2% |
| 5+ Bedrooms | 10 | 13 | +30.0% |
Summary: The Mayes County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes decreased by 13.9%, 3 bedroom homes increased by 15.9%, 4 bedroom homes increased by 24.2%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 22 | 36 | +63.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mayes County, you may be able to get a good deal. 63.9% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in Mayes County in May 2024, up by 63.6% month-over-month. Of the 36 sold homes, 64% were sold under asking, 25% were sold at asking, and 11% were sold over asking.
Days on Market for Mayes County, OK
How long does it take to sell a home in Mayes County, OK?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 35 Days | 52 Days | +45.4% |
Summary: Homes in Mayes County had an average of 52 days on market in May 2024, up by 45.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mayes County are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 36 homes were sold in Mayes County; 53% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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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. 