$28,000
0.33 Acres
Land
Bob Willinger, Listing Office: Platinum Realty, LLC.
Is East Mayes, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$236,997
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$37,497(+18.8%)
Key Takeaway
Homes in East Mayes have sold for 18.8% more than they did a year ago.
Summary: The median home sold price in East Mayes was $236,997 in November 2024, up 18.8% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $174.5K | $211K | +20.9% |
| 2 Bedrooms | $127.4K | $157.5K | +23.6% |
| 3 Bedrooms | $199K | $236.9K | +19.1% |
| 4 Bedrooms | $360K | $616.7K | +71.3% |
| 5+ Bedrooms | $992K | $606.2K | -38.9% |
Summary: East Mayes housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.9%, 2 bedroom homes increased by 23.6%, 3 bedroom homes increased by 19.1%, 4 bedroom homes increased by 71.3%, and 5+ bedroom homes decreased by 38.9%.
Housing Supply in East Mayes, OK
How many homes are available in East Mayes, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 22 | -12.0% |
Summary: The East Mayes real estate market had 22 homes for sale in November 2024, a 12.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 5 | -16.7% |
| 3 Bedrooms | 14 | 12 | -14.3% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The East Mayes housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 2 | -71.4% |
Asking Price vs. Sold Price
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in East Mayes in November 2024, down by 71.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 42 Days | 33 Days | -20.9% |
Summary: Homes in East Mayes had an average of 33 days on market in Nov 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 November 2024, 2 homes were sold in East Mayes; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
