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Short Sale Listings in Madill, OK

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9 View this home at Pettijohn Springs Rd Madill OK 73446
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Pettijohn Springs Rd
Madill, OK 73446
Single-Family
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3 |
2
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1,200
AUCTION: 04-12-2024
Single-Family
|
3 |
2
|
1,200
Displaying 1 - 3 of 3
 
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Home Value Estimator For Madill, OK

There are currently 2,153 real estate properties in Madill, OK, with a median automated valuation model (AVM) price of $127,000.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Madill, OK, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Madill, OK, is $154,947.00, with the most expensive house in Madill, OK, topping out at $2,500,221.00 and the cheapest home in Madill, OK, clocking in at $13,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Madill, OK!


Rent Prices In Madill, OK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Madill, OK, is on a rollercoaster ride. The average rent price in Madill, OK, is $1,010.00. Indeed, when looking to rent in Madill, OK, you can expect to pay as little as $410.00 or as much as $2,020.00, with the average rent median estimated to be $970.00. The good news is that finding an affordable and desirable property to rent in Madill, OK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Madill, OK In 2024

Madill is located in Marshall, Oklahoma, with an estimated municipal population of 4,031 residents. All of the best foreclosed homes for sale in Madill are located in the following zip code areas on Foreclosure.com: 73446. The estimated population per square kilometer (.62 miles) in Madill is 341.


Cost Of Living In Madill, OK

So, about how much do homes cost in Madill? The most recent median value of resident-owned homes in Madill is 92,492. An estimated 57.1 percent of households in Madill own their homes, with an average family size of 3.45. The median household income in Madill is 41,193, with9.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Madill, the median commute time of resident workers (in minutes) is 20.4. And last, but certainly not least, are you looking for homes to rent in Madill? If so, the average rent price paid by renters in Madill is 685, according to recent statistics.


Diversity And Demographics In Madill, Oklahoma

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Madill, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Madill is 34.3, split between 52.5 percent male versus 47.5 female. The percentage of residents who report being married in Madill is 45.1, with an average family size of 3.45.

The percentage of residents who report their race in Madill is as follows:

White 58.5%
Black / African American 4.7%
Asian 0.7%
American Indian / Alaskan Native 3.8%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 5.7%
Other 26.6%

Looking for family-friendly neighborhoods in and/or near Madill? Or maybe you are searching for 55+ active adult communities in and/or near Madill?

The percentage of residents who report their age in Madill is as follows:

Under 10 15.9%
Aged 10-19 16.3%
20s 12.1%
30s 14.3%
40s 12.5%
50s 10.4%
60s 8.2%
70s 6.4%
80+ 3.9%

Best Schools In Madill, Oklahoma

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Madill with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Madill.


Pros And Cons Of Living In Madill, Oklahoma

How do you know that living in -- or moving to -- Madill is right where you need to be? Perhaps you grew up in Madill or already live nearby; therefore, the decision to buy a home in Madill is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Madill for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Madill:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Madill.


Reasons To Move To Madill, Oklahoma, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Madill can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Madill, meanwhile, can field multiple offers from more qualified buyers.

Madill, OK Short Sale Listings


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