Is Mounds, OK 74047 a buyer’s or seller’s market?
Mounds is a buyer’s market. With about 7.7 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Mounds housing market right now
In the three months ending August 31, 2026, 30% of homes in Mounds, OK 74047 sold above their list price, the typical home went under contract in 49 days and there were 7.7 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 7%, homes sold more slowly (34 days then) and the median sale price fell 14% to $357,345. Overall, Mounds is more competitive than a year ago, so tougher for buyers.
Within Okmulgee County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Dewar 74431 (0% sold over asking) or Morris 74445 (8% sold over asking).
Run the numbers for 74047
Nearby markets
Beggs 74421Buyer’s market $189 /sq ftDewar 74431Seller’s market $39 /sq ftHenryetta 74437Seller’s market $110 /sq ftMorris 74445Seller’s market $123 /sq ft Browse all markets →Towns like Mounds nearby
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Questions about Mounds real estate
Is Mounds a buyer’s or seller’s market?
A buyer’s market: there were 7.7 months of supply in Mounds, OK 74047 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Mounds?
The typical home went under contract in 49 days in the latest three months.
Do homes in Mounds sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 98.7% of the list price.
What are property taxes in Mounds?
About 0.66% of a home’s value a year in Okmulgee County, or roughly $2,640 on a $400,000 home.
What is the median home price in Mounds?
The median sale price was $357,345 in the three months ending August 31, 2026, about $161 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology