Is 74014, 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, 74014 has remained a Seller's Market.
Key Takeaway
74014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74014, OK
How much do homes in 74014, OK cost?
Median Sold Price
$304,717
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 74014 have sold for 7% more than they did a year ago.
Summary: The median home sold price in 74014 was $304,717 in March 2024, up 7% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $975K | $100K | -89.7% |
| 2 Bedrooms | $170K | $235K | +38.2% |
| 3 Bedrooms | $250K | $274.6K | +9.8% |
| 4 Bedrooms | $376K | $365K | -2.9% |
| 5+ Bedrooms | $480K | $565.5K | +17.8% |
Summary: 74014 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 89.7%, 2 bedroom homes increased by 38.2%, 3 bedroom homes increased by 9.8%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes increased by 17.8%.
Housing Supply in 74014, OK
How many homes are available in 74014, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 242 | 269 | +11.2% |
Summary: The 74014 real estate market had 269 homes for sale in March 2024, a 11.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 2 | 3 | +50.0% |
| 3 Bedrooms | 115 | 143 | +24.3% |
| 4 Bedrooms | 111 | 108 | -2.7% |
| 5+ Bedrooms | 13 | 14 | +7.7% |
Summary: The 74014 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 24.3%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 7.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 43 | 54 | +25.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74014, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.
Summary: A total of 54 homes were sold or pending in 74014 in March 2024, up by 25.6% month-over-month. Of the 54 sold homes, 43% were sold under asking, 35% were sold at asking, and 22% were sold over asking.
Days on Market for 74014, OK
How long does it take to sell a home in 74014, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 32 Days | 55 Days | +68.6% |
Summary: Homes in 74014 had an average of 55 days on market in Mar 2024, up by 68.6% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74014 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 54 homes were sold in 74014; 54% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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