FMLS Residential · neighborhood

Big Canoe

Neighborhood series. Most months are too thin for a median. 97 closings in the last 12 months. Use Big Canoe as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 82 active · 4 under contract · 4 pending. Total residential listings by status: 90.

Data confidence: Moderate. 97 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings97Enough to sketch a range
12-month median$653,078Volume-weighted, not one month
12-month $/SF$224Better than the median here
Live active828.2 months of supply
12-month DOM5679.3% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 97 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Big Canoe, then adjust for this subdivision’s size, age, and condition.
  • 82 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Big Canoe, Big Canoe →

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+79.7%$710,000 vs $395,000 FMLS-wide
$/SF+24.3%$232 vs $187 FMLS-wide
DOM+56%52 days vs 33 FMLS-wide
Sale/list-0.9 pts97.9% vs 98.8%
Buyer-leaning

8.2 months of supply on last month’s pace (82 active ÷ 10 closings). 10.1 months on the trailing-12 pace (average 8 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 80.0% of last month’s closings were below list. Days on market are up 75% from a year ago.

Homes for sale in Big Canoe, Big Canoe →

How homes actually closed

Based on 10 closings. One sale moves these percentages by 10 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list20.0%Within 1% of list
Below list80.0%More than 1% under list
Price reduced40.0%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.054 pending ÷ 86 (active + under contract)
New / closed1.7017 listed in 30 days vs 10 closed
Softening

New listings are outpacing sales and closed sales are already taking longer or reducing more. Expect more inventory and more negotiating room over the next 30–90 days.

If you own in Big Canoe

Moderate confidence. 97 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $653,078.
  • Start with Big Canoe, then adjust for lot, size, age, and condition.
  • 82 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Big Canoe, Big Canoe →
  • Homes that sold in the last year took about 56 days. If you list, price to the 12-month $/SF ($224), not a single recent sale.

What this means if you are listing in Big Canoe

  • Price to the 12-month median and $/SF ($653,078, $224), not last month and not the FMLS-wide number. Then check it against Big Canoe.
  • 8.2 months of supply on last month’s pace. Homes that sold in the last year took about 56 days. Longer than the 12-month DOM usually means the price is high.
  • 79.3% of the last 12 months’ closings were below list. 37.0% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Big Canoe, Big Canoe →

What this means if you are making an offer

  • Supply is elevated at 8.2 months. You have room, especially on homes past 56 days.
  • 37.0% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Big Canoe, then this subdivision’s 12-month $/SF.
  • Last month had 10 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Big Canoe, Big Canoe →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k44.4%
$300–500k1617.8%
$500–750k3134.4%
$750k–1M2325.6%
$1M+1617.8%

Property types

TypeListedMedian ask
Single Family Residence89$719,000
Condominium1$370,000

82 active, 4 under contract, 4 pending. 17 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 202610$710,000$2325297.9%80.0%40.0%
Aug 202612$718,350$2184497.2%91.7%25.0%
Jul 20266$519,500$2384397.1%66.7%50.0%
Jun 20266$935,000$2422697.6%50.0%33.3%
May 20269$744,000$2294196.5%77.8%11.1%
Apr 202614$623,750$2365297.0%78.6%28.6%
Mar 20264——————
Feb 20267$484,500$2265396.0%71.4%28.6%
Jan 20269$575,000$19314496.3%88.9%77.8%
Dec 202511$599,000$2186596.9%81.8%54.5%
Nov 20251——————
Oct 20258$631,500$2172697.2%87.5%25.0%
Sep 202512$802,500$2153098.7%58.3%33.3%
Aug 202513$639,000$1997199.3%46.2%61.5%
Jul 20255$725,000$26354100.0%40.0%40.0%
Jun 20259$720,000$2543197.9%66.7%44.4%
May 202512$724,000$2084696.6%58.3%50.0%
Apr 20257$676,850$2141697.7%71.4%28.6%
Mar 202510$580,000$2295993.4%90.0%30.0%
Feb 20255$539,000$2056596.4%100.0%60.0%
Jan 20257$545,000$2633697.3%71.4%28.6%
Dec 202412$695,000$2057297.3%91.7%50.0%
Nov 202411$550,000$2057893.8%81.8%63.6%
Oct 202411$700,000$2217695.8%72.7%45.5%

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Big Canoe city trends →

Homes for sale in Big Canoe, Big Canoe → · ← FMLS report