Is 74006, 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, 74006 has remained a Seller's Market.
Key Takeaway
74006 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74006, OK
How much do homes in 74006, OK cost?
Median Sold Price
$214,666
$109/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74006 have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in 74006 was $214,666 in April 2024, up 6.6% from last year, and the median price per square foot was $109.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $62K | $82.9K | +33.8% |
| 2 Bedrooms | $104.9K | $141.2K | +34.6% |
| 3 Bedrooms | $170K | $180K | +5.9% |
| 4 Bedrooms | $274.4K | $285K | +3.8% |
| 5+ Bedrooms | $315K | $383K | +21.6% |
Summary: 74006 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 33.8%, 2 bedroom homes increased by 34.6%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 21.6%.
Housing Supply in 74006, OK
How many homes are available in 74006, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 124 | 117 | -5.6% |
Summary: The 74006 real estate market had 117 homes for sale in April 2024, a 5.6% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 8 | 8 | 0.0% |
| 3 Bedrooms | 53 | 58 | +9.4% |
| 4 Bedrooms | 49 | 41 | -16.3% |
| 5+ Bedrooms | 12 | 9 | -25.0% |
Summary: The 74006 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.4%, 4 bedroom homes decreased by 16.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 40 | 45 | +12.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74006, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 74006 in April 2024, up by 12.5% month-over-month. Of the 45 sold homes, 51% were sold under asking, 20% were sold at asking, and 29% were sold over asking.
Days on Market for 74006, OK
How long does it take to sell a home in 74006, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 17 Days | 35 Days | +107.3% |
Summary: Homes in 74006 had an average of 35 days on market in Apr 2024, up by 107.3% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74006 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 45 homes were sold in 74006; 64% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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