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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing McLoud is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in McLoud, OK

How much do homes in McLoud, OK cost?

Median Sold Price

$239,000

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,000(+1.3%)

Key Takeaway

Homes in McLoud have sold for 1.3% more than they did a year ago.

Summary: The median home sold price in McLoud was $239,000 in October 2024, up 1.3% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $90K$150K
+66.7%
2 $185K$150K
-18.9%
3 $227.5K$220K
-3.3%
4 $332.8K$292K
-12.3%
5+ $420K$464.5K
+10.6%

Summary: McLoud housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 66.7%, 2 bedroom homes decreased by 18.9%, 3 bedroom homes decreased by 3.3%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes increased by 10.6%.

Median Sold Price Compared To Nearby Cities

Newalla
+16.3%
Oklahoma City Southeast
+6.9%
McLoud
+1.3%
Oklahoma City
+1.0%

Housing Supply in McLoud, OK

How many homes are available in McLoud, OK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2830+7.1%

Summary: The McLoud real estate market had 30 homes for sale in October 2024, a 7.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 22
0.0%
3 2022
+10.0%
4 12
+100.0%
5+ 43
-25.0%

Summary: The McLoud 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 10%, 4 bedroom homes increased by 100%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
76-14.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in McLoud, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in McLoud in October 2024, down by 14.3% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.

Days on Market for McLoud, OK

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

Average Sale Time

Oct 2023Oct 2024CHANGE
12 Days45 Days+251.6%

Summary: Homes in McLoud had an average of 45 days on market in Oct 2024, up by 251.6% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 6 homes were sold in McLoud; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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 McLoud, OK

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