Is 74115, 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, 74115 has remained a Seller's Market.
Key Takeaway
74115 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74115, OK
How much do homes in 74115, OK cost?
Median Sold Price
$130,000
$117/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74115 have sold for 17.4% more than they did a year ago.
Summary: The median home sold price in 74115 was $130,000 in April 2024, up 17.4% from last year, and the median price per square foot was $117.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $101.2K | $63.5K | -37.3% |
| 2 Bedrooms | $96K | $108K | +12.5% |
| 3 Bedrooms | $118K | $135K | +14.4% |
| 4 Bedrooms | $150K | $167.5K | +11.7% |
| 5+ Bedrooms | $180.4K | - | N/A |
Summary: 74115 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 37.3%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes did not change.
Housing Supply in 74115, OK
How many homes are available in 74115, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 72 | 57 | -20.8% |
Summary: The 74115 real estate market had 57 homes for sale in April 2024, a 20.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 22 | 17 | -22.7% |
| 3 Bedrooms | 41 | 32 | -22.0% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The 74115 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 22.7%, 3 bedroom homes decreased by 22%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 28 | 14 | -50.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74115, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 74115 in April 2024, down by 50.0% month-over-month. Of the 14 sold homes, 57% were sold under asking, 21% were sold at asking, and 21% were sold over asking.
Days on Market for 74115, OK
How long does it take to sell a home in 74115, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 11 Days | 8 Days | -24.8% |
Summary: Homes in 74115 had an average of 8 days on market in Apr 2024, down by 24.8% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74115 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 14 homes were sold in 74115; 86% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
