Is Mayes County, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mayes County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Mayes County has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Mayes County, OK

How much do homes in Mayes County, OK cost?

Median Sold Price

$218,160

$143/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,160(+4.4%)

Key Takeaway

Homes in Mayes County have sold for 4.4% more than they did a year ago.

Summary: The median home sold price in Mayes County was $218,160 in October 2024, up 4.4% from last year, and the median price per square foot was $143.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $243K$157.5K
-35.2%
2 $125K$113K
-9.6%
3 $205K$219.5K
+7.1%
4 $328.9K$330K
0.3%
5+ $441K$475K
+7.7%

Summary: Mayes County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes increased by 7.7%.

Median Sold Price Compared To Nearby Counties

Wagoner County
+5.0%
Mayes County
+4.4%
Delaware County
+1.9%
Rogers County
-0.8%
Craig County
-4.4%

Housing Supply in Mayes County, OK

How many homes are available in Mayes County, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
198196-1.0%

Summary: The Mayes County real estate market had 196 homes for sale in October 2024, a 1.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 2219
-13.6%
3 120120
0.0%
4 3734
-8.1%
5+ 1620
+25.0%

Summary: The Mayes County 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 13.6%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2537+48.0%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mayes County, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in Mayes County in October 2024, up by 48.0% month-over-month. Of the 37 sold homes, 59% were sold under asking, 24% were sold at asking, and 16% were sold over asking.

Days on Market for Mayes County, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
53 Days56 Days+4.8%

Summary: Homes in Mayes County had an average of 56 days on market in Oct 2024, up by 4.8% compared to last year.

Breakdown of Home Sale Times

22 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

8 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Mayes County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 37 homes were sold in Mayes County; 59% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 22% 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 20 Days Ago

Newest Listings in Mayes County, OK

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