Is 74120, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 74120 was a Seller's Market.
Key Takeaway
74120 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74120, OK
How much do homes in 74120, OK cost?
Median Sold Price
$322,500
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74120 have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in 74120 was $322,500 in April 2024, up 9.3% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $100.5K | $282.5K | +181.1% |
| 2 Bedrooms | $300K | $267.5K | -10.8% |
| 3 Bedrooms | $257.5K | $359.9K | +39.8% |
| 4 Bedrooms | $302.5K | $680K | +124.8% |
| 5+ Bedrooms | $482.5K | $237K | -50.9% |
Summary: 74120 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 181.1%, 2 bedroom homes decreased by 10.8%, 3 bedroom homes increased by 39.8%, 4 bedroom homes increased by 124.8%, and 5+ bedroom homes decreased by 50.9%.
Housing Supply in 74120, OK
How many homes are available in 74120, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The 74120 real estate market had 14 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 3 | 4 | +33.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 74120 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 increased by 25%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74120, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 74120 in April 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 74120, OK
How long does it take to sell a home in 74120, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 65 Days | +144.4% |
Summary: Homes in 74120 had an average of 65 days on market in Apr 2024, up by 144.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74120 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 2 homes were sold in 74120; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
