Is 74003, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 74003 has remained a Seller's Market.
Key Takeaway
74003 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74003, OK
How much do homes in 74003, OK cost?
Median Sold Price
$100,000
$81/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74003 have sold for 9.9% less than they did a year ago.
Summary: The median home sold price in 74003 was $100,000 in April 2024, down 9.9% from last year, and the median price per square foot was $81.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $44.2K | $25K | -43.5% |
| 2 Bedrooms | $72K | $77.2K | +7.3% |
| 3 Bedrooms | $120.7K | $122K | +1.0% |
| 4 Bedrooms | $197.4K | $185K | -6.3% |
| 5+ Bedrooms | $215.4K | $270K | +25.3% |
Summary: 74003 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.5%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 1%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 25.3%.
Housing Supply in 74003, OK
How many homes are available in 74003, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 60 | 67 | +11.7% |
Summary: The 74003 real estate market had 67 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 16 | 21 | +31.3% |
| 3 Bedrooms | 30 | 32 | +6.7% |
| 4 Bedrooms | 9 | 9 | 0.0% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The 74003 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74003, you may be able to get a good deal. 42.1% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in 74003 in April 2024, the same as the previous month. Of the 19 sold homes, 42% were sold under asking, 21% were sold at asking, and 37% were sold over asking.
Days on Market for 74003, OK
How long does it take to sell a home in 74003, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 20 Days | 30 Days | +49.4% |
Summary: Homes in 74003 had an average of 30 days on market in Apr 2024, up by 49.4% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74003 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 19 homes were sold in 74003; 74% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
