Is 74011, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 74011 has remained a Seller's Market.
Key Takeaway
74011 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74011, OK
How much do homes in 74011, OK cost?
Median Sold Price
$315,000
$154/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 74011 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 74011 was $315,000 in March 2024, up 5.2% from last year, and the median price per square foot was $154.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $92K | N/A |
| 2 Bedrooms | $158.5K | $233K | +47.0% |
| 3 Bedrooms | $245.7K | $265K | +7.8% |
| 4 Bedrooms | $354.1K | $366K | +3.4% |
| 5+ Bedrooms | $500K | $585K | +17.0% |
Summary: 74011 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 47%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 17%.
Housing Supply in 74011, OK
How many homes are available in 74011, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 198 | 220 | +11.1% |
Summary: The 74011 real estate market had 220 homes for sale in March 2024, a 11.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 83 | 95 | +14.5% |
| 4 Bedrooms | 94 | 102 | +8.5% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The 74011 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 14.5%, 4 bedroom homes increased by 8.5%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 35 | 49 | +40.0% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74011, you may be able to get a good deal. 49% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 74011 in March 2024, up by 40.0% month-over-month. Of the 49 sold homes, 49% were sold under asking, 29% were sold at asking, and 22% were sold over asking.
Days on Market for 74011, OK
How long does it take to sell a home in 74011, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 51 Days | 39 Days | -23.8% |
Summary: Homes in 74011 had an average of 39 days on market in Mar 2024, down by 23.8% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74011 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 49 homes were sold in 74011; 65% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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