$10,000 Closing Credit*
$1,195,000
4,837 SqFt
5 Beds
•4 Full Baths, 2 Partial
Kendall Ellsworth, Listing Office: Rivere Real Estate Group
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
$349,900
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$102,900(+41.7%)
Key Takeaway
Homes in Mounds have sold for 41.7% more than they did a year ago.
Summary: The median home sold price in Mounds was $349,900 in October 2024, up 41.7% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $142K | $136.5K | -3.9% |
| 3 Bedrooms | $236K | $290K | +22.9% |
| 4 Bedrooms | $300K | $545K | +81.7% |
| 5+ Bedrooms | $812K | $816K | 0.5% |
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 3.9%, 3 bedroom homes increased by 22.9%, 4 bedroom homes increased by 81.7%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
| Mounds | $247K | $349.9K | +41.7% |
| Mounds | $246K | $328K | +33.3% |
| Beggs | $273.8K | $225K | -17.8% |
Housing Supply in Mounds, OK
How many homes are available in Mounds, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 22 | -4.3% |
Summary: The Mounds real estate market had 22 homes for sale in October 2024, a 4.3% decrease compared to 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 | 15 | 14 | -6.7% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 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 6.7%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 4 | 0.0% |
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, the same as the previous 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.
