Is 74105, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74105 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 74105 has remained a Seller's Market.

Key Takeaway

74105 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74105, OK

How much do homes in 74105, OK cost?

Median Sold Price

$303,250

$182/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,187(-2.9%)

Key Takeaway

Homes in 74105 have sold for 2.9% less than they did a year ago.

Summary: The median home sold price in 74105 was $303,250 in April 2024, down 2.9% from last year, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $140K$109.1K
-22.1%
2 $205K$220K
+7.3%
3 $249.9K$260K
+4.0%
4 $722K$715K
-1.0%
5+ $984.5K$995K
+1.1%

Summary: 74105 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 1.1%.

Median Sold Price Compared To Nearby Zip Codes

74135
+10.1%
74114
+5.8%
74107
+3.4%
74136
+2.3%
74105
-2.9%

Housing Supply in 74105, OK

How many homes are available in 74105, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
145178+22.8%

Summary: The 74105 real estate market had 178 homes for sale in April 2024, a 22.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 43
-25.0%
2 2436
+50.0%
3 6472
+12.5%
4 3551
+45.7%
5+ 1816
-11.1%

Summary: The 74105 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 45.7%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3337+12.1%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74105, you may be able to get a good deal. 59.5% of homes here sold below asking price last month.

Summary: A total of 37 homes were sold or pending in 74105 in April 2024, up by 12.1% month-over-month. Of the 37 sold homes, 59% were sold under asking, 24% were sold at asking, and 16% were sold over asking.

Days on Market for 74105, OK

How long does it take to sell a home in 74105, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
39 Days25 Days-34.6%

Summary: Homes in 74105 had an average of 25 days on market in Apr 2024, down by 34.6% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74105 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 37 homes were sold in 74105; 68% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 8% 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 8 Days Ago

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