Is 74016, 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, 74016 has remained a Seller's Market.
Housing Prices in 74016, OK
How much do homes in 74016, OK cost?
Median Sold Price
$232,500
$134/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 74016 was $232,500 in April 2024, up 55% from last year, and the median price per square foot was $134.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $84.8K | $117.5K | +38.6% |
2 Bedrooms | $77.5K | $340K | +338.7% |
3 Bedrooms | $187K | $206.5K | +10.4% |
4 Bedrooms | $202.5K | $285K | +40.7% |
5+ Bedrooms | $580K | $556K | -4.1% |
Summary: 74016 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 38.6%, 2 bedroom homes increased by 338.7%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 40.7%, and 5+ bedroom homes decreased by 4.1%.
Housing Supply in 74016, OK
How many homes are available in 74016, OK?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Summary: The 74016 real estate market had 30 homes for sale in April 2024, a 3.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 7 | 9 | +28.6% |
3 Bedrooms | 16 | 14 | -12.5% |
4 Bedrooms | 5 | 4 | -20.0% |
5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The 74016 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 28.6%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 6 | +20.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 6 homes were sold or pending in 74016 in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 17% were sold under asking, 67% were sold at asking, and 17% were sold over asking.
Days on Market for 74016, OK
How long does it take to sell a home in 74016, OK?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
35 Days | 66 Days | +89.9% |
Summary: Homes in 74016 had an average of 66 days on market in Apr 2024, up by 89.9% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During April 2024, 6 homes were sold in 74016; 50% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.