Is 74053, 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, 74053 has remained a Seller's Market.
Key Takeaway
74053 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74053, OK
How much do homes in 74053, OK cost?
Median Sold Price
$260,000
$158/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74053 have sold for 13.3% less than they did a year ago.
Summary: The median home sold price in 74053 was $260,000 in April 2024, down 13.3% from last year, and the median price per square foot was $158.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $235K | - | N/A |
| 2 Bedrooms | $109.9K | $199K | +81.1% |
| 3 Bedrooms | $275K | $209.5K | -23.8% |
| 4 Bedrooms | $360K | $330K | -8.3% |
| 5+ Bedrooms | $475K | $400K | -15.8% |
Summary: 74053 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 increased by 81.1%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 15.8%.
Housing Supply in 74053, OK
How many homes are available in 74053, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Summary: The 74053 real estate market had 27 homes for sale in April 2024, a 17.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 8 | 11 | +37.5% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 74053 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 decreased by 50%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 74053, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 74053 in April 2024, the same as the previous month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for 74053, OK
How long does it take to sell a home in 74053, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 72 Days | 38 Days | -46.6% |
Summary: Homes in 74053 had an average of 38 days on market in Apr 2024, down by 46.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74053 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 7 homes were sold in 74053; 71% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
