Is 74035, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74035 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 74035 has remained a Seller's Market.

Key Takeaway

74035 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74035, OK

How much do homes in 74035, OK cost?

Median Sold Price

$106,000

$78/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$500(+0.5%)

Key Takeaway

The sold price of homes in 74035 has remained the same since last year.

Summary: The median home sold price in 74035 was $106,000 in April 2024, up 0.5% from last year, and the median price per square foot was $78.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $84K$44.7K
-46.7%
3 $107.7K$108.5K
+0.7%
4 $279.7K$188.5K
-32.6%
5+ $155K$160K
+3.2%

Summary: 74035 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 46.7%, 3 bedroom homes increased by 0.7%, 4 bedroom homes decreased by 32.6%, and 5+ bedroom homes increased by 3.2%.

Median Sold Price Compared To Nearby Zip Codes

74020
+15.6%
74070
+11.6%
74035
0.5%

Housing Supply in 74035, OK

How many homes are available in 74035, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1211-8.3%

Summary: The 74035 real estate market had 11 homes for sale in April 2024, a 8.3% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 22
0.0%
2 31
-66.7%
3 55
0.0%
4 00
0.0%
5+ 23
+50.0%

Summary: The 74035 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 66.7%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74035, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 74035 in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 74035, OK

How long does it take to sell a home in 74035, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days115 Days+301.2%

Summary: Homes in 74035 had an average of 115 days on market in Apr 2024, up by 301.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 74035 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 4 homes were sold in 74035; 25% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in 74035, OK

Nearby Markets to 74035, OK