Is 74112, 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, 74112 has remained a Seller's Market.
Key Takeaway
74112 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74112, OK
How much do homes in 74112, OK cost?
Median Sold Price
$194,250
$143/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74112 have sold for 9% more than they did a year ago.
Summary: The median home sold price in 74112 was $194,250 in April 2024, up 9% from last year, and the median price per square foot was $143.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $126K | $178K | +41.3% |
| 2 Bedrooms | $165K | $185K | +12.1% |
| 3 Bedrooms | $180.5K | $199.6K | +10.6% |
| 4 Bedrooms | $222.5K | $240K | +7.9% |
| 5+ Bedrooms | - | - | N/A |
Summary: 74112 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 41.3%, 2 bedroom homes increased by 12.1%, 3 bedroom homes increased by 10.6%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes did not change.
Housing Supply in 74112, OK
How many homes are available in 74112, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 77 | 81 | +5.2% |
Summary: The 74112 real estate market had 81 homes for sale in April 2024, a 5.2% 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 | 18 | 18 | 0.0% |
| 3 Bedrooms | 52 | 47 | -9.6% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 1 | 7 | +600.0% |
Summary: The 74112 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 remained the same, 3 bedroom homes decreased by 9.6%, 4 bedroom homes increased by 60%, and 5+ bedroom homes increased by 600%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 26 | 18 | -30.8% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74112, expect to pay close to the asking price. 38.9% of homes here sold near the asking price last month.
Summary: A total of 18 homes were sold or pending in 74112 in April 2024, down by 30.8% month-over-month. Of the 18 sold homes, 33% were sold under asking, 39% were sold at asking, and 28% were sold over asking.
Days on Market for 74112, OK
How long does it take to sell a home in 74112, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 22 Days | 6 Days | -72.6% |
Summary: Homes in 74112 had an average of 6 days on market in Apr 2024, down by 72.6% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74112 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 18 homes were sold in 74112; 94% of homes were sold within 30 days, 6% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
