$1,603 Closing Credit*
$135,000
1,498 SqFt
3 Beds
•1 Full Bath
Juan Pablo Frausto, Listing Office: Black Label Realty
Is Madill, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Madill was a Buyer's Market.
Key Takeaway
Madill is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Madill, OK
How much do homes in Madill, OK cost?
Median Sold Price
$195,000
$116/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,000(+12.1%)
Key Takeaway
Homes in Madill have sold for 12.1% more than they did a year ago.
Summary: The median home sold price in Madill was $195,000 in October 2024, up 12.1% from last year, and the median price per square foot was $116.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $87.5K | $121K | +38.3% |
| 3 Bedrooms | $200K | $169K | -15.5% |
| 4 Bedrooms | $193K | $275K | +42.5% |
| 5+ Bedrooms | - | $450K | N/A |
Summary: Madill housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 38.3%, 3 bedroom homes decreased by 15.5%, 4 bedroom homes increased by 42.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Madill | $174K | $195K | +12.1% |
| North Marshall | $169.4K | $189K | +11.5% |
Housing Supply in Madill, OK
How many homes are available in Madill, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 25 | +25.0% |
Summary: The Madill real estate market had 25 homes for sale in October 2024, a 25.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 4 | +33.3% |
| 3 Bedrooms | 13 | 16 | +23.1% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Madill housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 23.1%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 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 Madill, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Madill in October 2024, up by 150.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.
Days on Market for Madill, OK
How long does it take to sell a home in Madill, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 43 Days | +35.0% |
Summary: Homes in Madill had an average of 43 days on market in Oct 2024, up by 35% compared to last year.
Breakdown of Home Sale Times
2 Homes Were 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 Madill has remained consistent over time.
Summary: During October 2024, 5 homes were sold in Madill; 40% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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