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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mounds is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Mounds was a Seller's Market.

Key Takeaway

Mounds is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mounds, OK

How much do homes in Mounds, OK cost?

Median Sold Price

$350,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$97,500(+38.6%)

Key Takeaway

Homes in Mounds have sold for 38.6% more than they did a year ago.

Summary: The median home sold price in Mounds was $350,000 in November 2024, up 38.6% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $169.5K$136.5K
-19.5%
3 $234.5K$332.4K
+41.8%
4 $297.5K$545K
+83.2%
5+ $816K$750K
-8.1%

Summary: Mounds housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.5%, 3 bedroom homes increased by 41.8%, 4 bedroom homes increased by 83.2%, and 5+ bedroom homes decreased by 8.1%.

Median Sold Price Compared To Nearby Cities

Mounds
+38.6%
Mounds
+32.8%

Housing Supply in Mounds, OK

How many homes are available in Mounds, OK?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
19190.0%

Summary: The Mounds real estate market had 19 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 11
0.0%
3 129
-25.0%
4 34
+33.3%
5+ 34
+33.3%

Summary: The Mounds housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mounds, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Mounds in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% 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

Nov 2023Nov 2024CHANGE
67 Days45 Days-33.6%

Summary: Homes in Mounds had an average of 45 days on market in Nov 2024, down by 33.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 1 homes were sold in Mounds; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 17 Days Ago

Newest Listings in Mounds, OK

Nearby Markets to Mounds, OK

What housing markets are near Mounds, OK?