Is 74114, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 74114 has remained a Seller's Market.
Key Takeaway
74114 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74114, OK
How much do homes in 74114, OK cost?
Median Sold Price
$269,466
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 74114 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 74114 was $269,466 in March 2024, up 7.1% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $99K | $103K | +4.0% |
| 2 Bedrooms | $220K | $234K | +6.4% |
| 3 Bedrooms | $225.5K | $240K | +6.4% |
| 4 Bedrooms | $594K | $875K | +47.3% |
| 5+ Bedrooms | $1.4M | $877K | -38.5% |
Summary: 74114 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4%, 2 bedroom homes increased by 6.4%, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 47.3%, and 5+ bedroom homes decreased by 38.5%.
Housing Supply in 74114, OK
How many homes are available in 74114, OK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 104 | 121 | +16.3% |
Summary: The 74114 real estate market had 121 homes for sale in March 2024, a 16.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 18 | 0.0% |
| 3 Bedrooms | 56 | 67 | +19.6% |
| 4 Bedrooms | 23 | 28 | +21.7% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The 74114 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 19.6%, 4 bedroom homes increased by 21.7%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 25 | 36 | +44.0% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74114, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 74114 in March 2024, up by 44.0% month-over-month. Of the 36 sold homes, 58% were sold under asking, 19% were sold at asking, and 22% were sold over asking.
Days on Market for 74114, OK
How long does it take to sell a home in 74114, OK?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 24 Days | 42 Days | +72.1% |
Summary: Homes in 74114 had an average of 42 days on market in Mar 2024, up by 72.1% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74114 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 36 homes were sold in 74114; 69% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
