Is 74012, 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, 74012 has remained a Seller's Market.
Key Takeaway
74012 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74012, OK
How much do homes in 74012, OK cost?
Median Sold Price
$265,000
$142/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74012 have sold for 3.1% more than they did a year ago.
Summary: The median home sold price in 74012 was $265,000 in April 2024, up 3.1% from last year, and the median price per square foot was $142.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $175K | $285.5K | +63.1% |
| 2 Bedrooms | $155K | $155K | 0.0% |
| 3 Bedrooms | $230K | $230.1K | 0.1% |
| 4 Bedrooms | $310.5K | $320K | +3.1% |
| 5+ Bedrooms | $370.5K | $383.7K | +3.6% |
Summary: 74012 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 63.1%, 2 bedroom homes did not change, 3 bedroom homes increased by 0.1%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 3.6%.
Housing Supply in 74012, OK
How many homes are available in 74012, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 242 | 253 | +4.5% |
Summary: The 74012 real estate market had 253 homes for sale in April 2024, a 4.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 12 | 10 | -16.7% |
| 3 Bedrooms | 124 | 137 | +10.5% |
| 4 Bedrooms | 92 | 87 | -5.4% |
| 5+ Bedrooms | 13 | 16 | +23.1% |
Summary: The 74012 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 10.5%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 23.1%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 66 | 60 | -9.1% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74012, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 60 homes were sold or pending in 74012 in April 2024, down by 9.1% month-over-month. Of the 60 sold homes, 40% were sold under asking, 33% were sold at asking, and 27% were sold over asking.
Days on Market for 74012, OK
How long does it take to sell a home in 74012, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 21 Days | +1.1% |
Summary: Homes in 74012 had an average of 21 days on market in Apr 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
46 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74012 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 60 homes were sold in 74012; 77% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.