$3,076 Closing Credit*
$259,000
1,869 SqFt
3 Beds
•2 Full Baths
Tina Skjerseth, Listing Office: Solid Rock, REALTORS
Is 74131, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, 74131 was a Seller's Market.
Key Takeaway
74131 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 74131, OK
How much do homes in 74131, OK cost?
Median Sold Price
$280,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$27,500(-8.9%)
Key Takeaway
Homes in 74131 have sold for 8.9% less than they did a year ago.
Summary: The median home sold price in 74131 was $280,000 in August 2024, down 8.9% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $105K | $68K | -35.2% |
| 2 Bedrooms | $59.9K | $145K | +142.1% |
| 3 Bedrooms | $259.2K | $242K | -6.6% |
| 4 Bedrooms | $444K | $530K | +19.4% |
| 5+ Bedrooms | $470K | $295K | -37.2% |
Summary: 74131 housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 35.2%, 2 bedroom homes increased by 142.1%, 3 bedroom homes decreased by 6.6%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes decreased by 37.2%.
Housing Supply in 74131, OK
How many homes are available in 74131, OK?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 11 | 7 | -36.4% |
Summary: The 74131 real estate market had 7 homes for sale in August 2024, a 36.4% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 3 | 0 | -100.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The 74131 housing inventory by bedroom type for August 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 25%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 6 | 1 | -83.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74131, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in 74131 in August 2024, down by 83.3% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 74131, OK
How long does it take to sell a home in 74131, OK?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 25 Days | 72 Days | +188.0% |
Summary: Homes in 74131 had an average of 72 days on market in Aug 2024, up by 188% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 74131 has remained consistent over time.
Summary: During August 2024, 1 homes were sold in 74131; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
