Is 74129, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74129 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 74129 has remained a Seller's Market.

Key Takeaway

74129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74129, OK

How much do homes in 74129, OK cost?

Median Sold Price

$192,000

$128/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,000(+8.5%)

Key Takeaway

Homes in 74129 have sold for 8.5% more than they did a year ago.

Summary: The median home sold price in 74129 was $192,000 in April 2024, up 8.5% from last year, and the median price per square foot was $128.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $161.5K$194.5K
+20.4%
3 $174K$187K
+7.5%
4 $196.5K$237.5K
+20.9%
5+ $257.7K$250K
-3.0%

Summary: 74129 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 20.9%, and 5+ bedroom homes decreased by 3%.

Median Sold Price Compared To Nearby Zip Codes

74112
+9.0%
74129
+8.5%
74146
+5.2%
74128
+3.5%

Housing Supply in 74129, OK

How many homes are available in 74129, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5261+17.3%

Summary: The 74129 real estate market had 61 homes for sale in April 2024, a 17.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 78
+14.3%
3 3338
+15.2%
4 912
+33.3%
5+ 33
0.0%

Summary: The 74129 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 increased by 14.3%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
1317+30.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74129, you may be able to get a good deal. 35.3% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in 74129 in April 2024, up by 30.8% month-over-month. Of the 17 sold homes, 35% were sold under asking, 29% were sold at asking, and 35% were sold over asking.

Days on Market for 74129, OK

How long does it take to sell a home in 74129, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
14 Days19 Days+29.2%

Summary: Homes in 74129 had an average of 19 days on market in Apr 2024, up by 29.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74129 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 17 homes were sold in 74129; 82% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% 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 11 Days Ago

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