Is 74017, 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, 74017 has remained a Seller's Market.
Key Takeaway
74017 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74017, OK
How much do homes in 74017, OK cost?
Median Sold Price
$230,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74017 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 74017 was $230,000 in April 2024, up 6.7% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $71K | $55K | -22.5% |
| 2 Bedrooms | $132K | $135K | +2.3% |
| 3 Bedrooms | $209.6K | $210.6K | 0.5% |
| 4 Bedrooms | $320K | $354.5K | +10.8% |
| 5+ Bedrooms | $320K | $375K | +17.2% |
Summary: 74017 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 0.5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes increased by 17.2%.
Housing Supply in 74017, OK
How many homes are available in 74017, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 120 | 129 | +7.5% |
Summary: The 74017 real estate market had 129 homes for sale in April 2024, a 7.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 15 | 11 | -26.7% |
| 3 Bedrooms | 73 | 81 | +11.0% |
| 4 Bedrooms | 25 | 25 | 0.0% |
| 5+ Bedrooms | 6 | 11 | +83.3% |
Summary: The 74017 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 26.7%, 3 bedroom homes increased by 11%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 83.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 31 | +24.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74017, you may be able to get a good deal. 41.9% of homes here sold below asking price last month.
Summary: A total of 31 homes were sold or pending in 74017 in April 2024, up by 24.0% month-over-month. Of the 31 sold homes, 42% were sold under asking, 26% were sold at asking, and 32% were sold over asking.
Days on Market for 74017, OK
How long does it take to sell a home in 74017, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 28 Days | 40 Days | +44.8% |
Summary: Homes in 74017 had an average of 40 days on market in Apr 2024, up by 44.8% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74017 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 31 homes were sold in 74017; 61% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
