$1,057 Closing Credit*
$89,000
1,224 SqFt
2 Beds
•1 Full Bath
Amanda Benton, Listing Office: Moxy Realty
Is Mangum, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Mangum has remained a Buyer's Market.
Key Takeaway
Mangum is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mangum, OK
How much do homes in Mangum, OK cost?
Median Sold Price
$99,000
$64/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$6,000(-5.7%)
Key Takeaway
Homes in Mangum have sold for 5.7% less than they did a year ago.
Summary: The median home sold price in Mangum was $99,000 in October 2024, down 5.7% from last year, and the median price per square foot was $64.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $64K | $52.5K | -18.0% |
| 3 Bedrooms | $126K | $114K | -9.5% |
| 4 Bedrooms | $84.1K | $115K | +36.7% |
| 5+ Bedrooms | - | $107.5K | N/A |
Summary: Mangum 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 decreased by 18%, 3 bedroom homes decreased by 9.5%, 4 bedroom homes increased by 36.7%, and 5+ bedroom homes did not change.
Housing Supply in Mangum, OK
How many homes are available in Mangum, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 31 | +6.9% |
Summary: The Mangum real estate market had 31 homes for sale in October 2024, a 6.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 11 | 15 | +36.4% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mangum 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 decreased by 16.7%, 3 bedroom homes increased by 36.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mangum, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Mangum in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Mangum, OK
How long does it take to sell a home in Mangum, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 19 Days | 67 Days | +252.6% |
Summary: Homes in Mangum had an average of 67 days on market in Oct 2024, up by 252.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mangum are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in Mangum; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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