Chouteau Housing Market Report December 2024•Mayes County, Oklahoma

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Housing Prices in Chouteau, OK

How much do homes in Chouteau, OK cost?

Housing Market Conditions

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

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Chouteau is a Neutral Market

Difference Since December 2023

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

Insight

Chouteau is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$225,000$142/SqFt
+$2,500
+1.1%

Based on all homes sold in the last 12 months

Insight

Homes in Chouteau have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in Chouteau was $225,000 in December 2024, up 1.1% from last year, and the median price per square foot was $142.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1--
N/A
3$225K$222.4K
-1.1%
4$276K$359.9K
+30.4%
5$320K$475K
+48.4%
2$132K$82.5K
-37.5%

Summary: Chouteau housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 3 bedroom homes decreased by -1.1%. The home price for 4 bedroom homes increased by +30.4%. The home price for 5 bedroom homes increased by +48.4%. The home price for 2 bedroom homes decreased by -37.5%.

Housing supply in Chouteau, OK

How many homes are available in Chouteau, OK?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
27Last MonthDec 2024
212 months agoNov 2024
+28.6 %
Change MoMNov – Dec

Summary: The Chouteau real estate market had 27 homes for sale in Dec 2024, a 28.6 % increase compared to Nov 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
4Last MonthDec 2024
12 months agoNov 2024
+300.0 %
Change MoMNov – Dec

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
100
0.0%
31315
+15.4%
457
+40.0%
523
+50.0%
212
+100.0%

Summary: Chouteau housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +15.4%. The inventory for 4 bedroom homes increased by +40.0%. The inventory for 5 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Chouteau, OK cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Chouteau, 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 Chouteau in December 2024, up by 300.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and and 25% were sold over asking.

Days on Market for Chouteau, OK

How long does it take to sell a home in Chouteau, OK?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days1 Home

Over 90 Days1 Home

Insight

Many homes in Chouteau are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in Chouteau; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
49 DaysThis YearDec 2024
38 Days1 year agoDec 2023
+27.9 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Chouteau had an average listing age of 49 days in Dec 2024, up by 27.9% compared to the previous year.

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Newest Listings in Chouteau, OK

What homes are available in Chouteau, OK?

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MLS Disclaimers and Copyright

Based on information from MLS Technology Inc., for the period 01/01/2023 - 01/01/2025

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of Greater Tulsa Association of Realtors. Information deemed reliable but not guaranteed. Information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Greater Tulsa Association of REALTORS® MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/29/2025, 4:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.