$1,780 Closing Credit*
$149,900
1 SqFt
3 Beds
•2 Full Baths
Shelly Beauchamp, Listing Office: McGraw, REALTORS
Is Southeast Pontotoc, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Southeast Pontotoc has remained a Seller's Market.
Key Takeaway
Southeast Pontotoc is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Southeast Pontotoc, OK
How much do homes in Southeast Pontotoc, OK cost?
Median Sold Price
$275,000
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+17.0%)
Key Takeaway
Homes in Southeast Pontotoc have sold for 17% more than they did a year ago.
Summary: The median home sold price in Southeast Pontotoc was $275,000 in October 2024, up 17% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $120K | $190K | +58.3% |
| 3 Bedrooms | $235K | $187.4K | -20.2% |
| 4 Bedrooms | $310K | $329K | +6.1% |
| 5+ Bedrooms | - | $1.4M | N/A |
Summary: Southeast Pontotoc 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 58.3%, 3 bedroom homes decreased by 20.2%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Southeast Pontotoc | $235K | $275K | +17.0% |
| Ada | $180.7K | $194.5K | +7.6% |
Housing Supply in Southeast Pontotoc, OK
How many homes are available in Southeast Pontotoc, OK?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 5 | -28.6% |
Summary: The Southeast Pontotoc real estate market had 5 homes for sale in October 2024, a 28.6% 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 | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 0 | -100.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Southeast Pontotoc 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 decreased by 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Southeast Pontotoc, 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 Southeast Pontotoc in October 2024, the same as the previous 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 Southeast Pontotoc, OK
How long does it take to sell a home in Southeast Pontotoc, OK?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 100 Days | +52.7% |
Summary: Homes in Southeast Pontotoc had an average of 100 days on market in Oct 2024, up by 52.7% 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 Southeast Pontotoc 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 Southeast Pontotoc; 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.
