Is 74137, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74137 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 74137 has remained a Seller's Market.

Key Takeaway

74137 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74137, OK

How much do homes in 74137, OK cost?

Median Sold Price

$357,066

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,927(-0.8%)

Key Takeaway

Homes in 74137 have sold for 0.8% less than they did a year ago.

Summary: The median home sold price in 74137 was $357,066 in April 2024, down 0.8% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $112.6K$126K
+11.9%
2 $157.7K$170.5K
+8.1%
3 $224.3K$243.7K
+8.7%
4 $450.6K$450K
-0.1%
5+ $648.9K$710K
+9.4%

Summary: 74137 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.9%, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 8.7%, 4 bedroom homes decreased by 0.1%, and 5+ bedroom homes increased by 9.4%.

Median Sold Price Compared To Nearby Zip Codes

74133
+3.9%
74037
+3.3%
74136
+2.3%
74008
+0.7%
74137
-0.8%

Housing Supply in 74137, OK

How many homes are available in 74137, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
138145+5.1%

Summary: The 74137 real estate market had 145 homes for sale in April 2024, a 5.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 77
0.0%
3 3325
-24.2%
4 6581
+24.6%
5+ 3029
-3.3%

Summary: The 74137 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 remained the same, 3 bedroom homes decreased by 24.2%, 4 bedroom homes increased by 24.6%, and 5+ bedroom homes decreased by 3.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3635-2.8%

Asking Price vs. Sold Price

23 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74137, you may be able to get a good deal. 65.7% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 74137 in April 2024, down by 2.8% month-over-month. Of the 35 sold homes, 66% were sold under asking, 20% were sold at asking, and 14% were sold over asking.

Days on Market for 74137, OK

How long does it take to sell a home in 74137, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
21 Days43 Days+99.8%

Summary: Homes in 74137 had an average of 43 days on market in Apr 2024, up by 99.8% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74137 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 35 homes were sold in 74137; 69% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 20% 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 3 Days Ago

Newest Listings in 74137, OK

Nearby Markets to 74137, OK