$24,000
0.78 Acres
Land
Bradley Rhodes, Listing Office: Easy Life Realty
Is Mead, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mead was a Seller's Market.
Key Takeaway
Mead is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Mead, OK
How much do homes in Mead, OK cost?
Median Sold Price
$237,000
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$125,450(-34.6%)
Key Takeaway
Homes in Mead have sold for 34.6% less than they did a year ago.
Summary: The median home sold price in Mead was $237,000 in October 2024, down 34.6% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $237.5K | - | N/A |
| 2 Bedrooms | $133.5K | $216K | +61.8% |
| 3 Bedrooms | $330K | $235K | -28.8% |
| 4 Bedrooms | $520K | $456K | -12.3% |
| 5+ Bedrooms | $610K | - | N/A |
Summary: Mead 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 increased by 61.8%, 3 bedroom homes decreased by 28.8%, 4 bedroom homes decreased by 12.3%, and 5+ bedroom homes did not change.
Housing Supply in Mead, OK
How many homes are available in Mead, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 | 11 | -26.7% |
Summary: The Mead real estate market had 11 homes for sale in October 2024, a 26.7% decrease 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 | 3 | 1 | -66.7% |
| 3 Bedrooms | 7 | 4 | -42.9% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mead 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 66.7%, 3 bedroom homes decreased by 42.9%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 5 | 1 | -80.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mead, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 1 homes were sold or pending in Mead in October 2024, down by 80.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Mead, OK
How long does it take to sell a home in Mead, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 119 Days | 101 Days | -15.5% |
Summary: Homes in Mead had an average of 101 days on market in Oct 2024, down by 15.5% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in Mead are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 1 homes were sold in Mead; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.