Altos Market Data for Realtors

Mustang, OK

Single-Family Homes

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Mustang, OK

Thu Mar 28 2024
This week the median list price for Mustang, OK is $311,950 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has decreased to 106. Click here to stay informed with the Mustang market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Mustang, OK

Thu Mar 28 2024
This week the median list price for Mustang, OK is $311,950 with the market action index hovering around 36. This is less than last month's market action index of 37. Inventory has decreased to 106. Click here to stay informed with the Mustang market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Mustang market.
Median List Price $311,950
Median Price of New Listings $266,394
Per Square Foot $174
Average Days on Market 107
Median Days on Market 46
Price Decreased 27%
Price Increased 12%
Relisted 8%
Inventory 106
Median Rent
Market Action 36
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$529,980 2,685 0.5 - 1 acre 4 3 2 1 2 196
$367,567 1,986 8,000 - 10,000 sqft 4 2.3 4 2 5 91
$275,000 1,698 6,500 - 8,000 sqft 4 2 1 8 4 7
$239,900 1,472 6,500 - 8,000 sqft 3 2 1 5 6 28