$10,000 Closing Credit*
$1,600,000
1,017 SqFt
2 Beds
•2 Full Baths, 1 Partial
Paizlee Bell, Listing Office: American Dream Realty
Is Madill, 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, Madill was a Seller's Market.
Key Takeaway
Madill is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Madill, OK
How much do homes in Madill, OK cost?
Median Sold Price
$192,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+10.3%)
Key Takeaway
Homes in Madill have sold for 10.3% more than they did a year ago.
Summary: The median home sold price in Madill was $192,000 in November 2024, up 10.3% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $90K | $128K | +42.2% |
| 3 Bedrooms | $200K | $160K | -20.0% |
| 4 Bedrooms | $207K | $279.1K | +34.9% |
| 5+ Bedrooms | - | $450K | N/A |
Summary: Madill housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 42.2%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 34.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Madill | $174K | $192K | +10.3% |
| North Marshall | $169.4K | $183.5K | +8.3% |
Housing Supply in Madill, OK
How many homes are available in Madill, OK?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 23 | -8.0% |
Summary: The Madill real estate market had 23 homes for sale in November 2024, a 8.0% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 16 | 18 | +12.5% |
| 4 Bedrooms | 3 | 1 | -66.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Madill 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 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
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 Madill, 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 Madill in November 2024, down by 60.0% 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 Madill, OK
How long does it take to sell a home in Madill, OK?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 62 Days | 18 Days | -71.0% |
Summary: Homes in Madill had an average of 18 days on market in Nov 2024, down by 71% 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 Madill are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Madill; 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.
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