Is Mannford, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mannford is a seller's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Mannford was a Neutral Market.

Key Takeaway

Mannford is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Mannford, OK

How much do homes in Mannford, OK cost?

Median Sold Price

$233,550

$141/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$28,550(+13.9%)

Key Takeaway

Homes in Mannford have sold for 13.9% more than they did a year ago.

Summary: The median home sold price in Mannford was $233,550 in October 2024, up 13.9% from last year, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $350K-
N/A
2 $147.5K$126.5K
-14.2%
3 $200K$225K
+12.5%
4 $275K$241.9K
-12.0%
5+ $415K$260K
-37.3%

Summary: Mannford 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 14.2%, 3 bedroom homes increased by 12.5%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 37.3%.

Median Sold Price Compared To Nearby Cities

Mannford
+13.9%
Keystone Lake
+11.5%
Sand Springs
+3.9%

Housing Supply in Mannford, OK

How many homes are available in Mannford, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2533+32.0%

Summary: The Mannford real estate market had 33 homes for sale in October 2024, a 32.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 1417
+21.4%
4 712
+71.4%
5+ 11
0.0%

Summary: The Mannford 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 remained the same, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 71.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
47+75.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mannford, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Mannford in October 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.

Days on Market for Mannford, OK

How long does it take to sell a home in Mannford, OK?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days72 Days+150.7%

Summary: Homes in Mannford had an average of 72 days on market in Oct 2024, up by 150.7% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Mannford has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Mannford; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Mannford, OK

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