$4,511 Closing Credit*
$379,900
3,016 SqFt
4 Beds
•3 Full Baths, 1 Partial
Charlie Causey, Listing Office: Coldwell Banker Select
Is Mounds, 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, Mounds was a Neutral Market.
Key Takeaway
Mounds is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mounds, OK
How much do homes in Mounds, OK cost?
Median Sold Price
$328,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$82,000(+33.3%)
Key Takeaway
Homes in Mounds have sold for 33.3% more than they did a year ago.
Summary: The median home sold price in Mounds was $328,000 in October 2024, up 33.3% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142K | $130K | -8.5% |
| 3 Bedrooms | $236K | $272.2K | +15.4% |
| 4 Bedrooms | $297.5K | $692.5K | +132.8% |
| 5+ Bedrooms | $812K | $820.5K | +1.0% |
Summary: Mounds 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 8.5%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 132.8%, and 5+ bedroom homes increased by 1%.
Housing Supply in Mounds, OK
How many homes are available in Mounds, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Summary: The Mounds real estate market had 21 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 14 | 13 | -7.1% |
| 4 Bedrooms | 2 | 4 | +100.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Mounds 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 50%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 4 | +33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mounds, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Mounds in October 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Mounds, OK
How long does it take to sell a home in Mounds, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 43 Days | 38 Days | -11.0% |
Summary: Homes in Mounds had an average of 38 days on market in Oct 2024, down by 11% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Mounds are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Mounds; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
