Is 74354, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74354 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 74354 has remained a Seller's Market.

Key Takeaway

74354 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74354, OK

How much do homes in 74354, OK cost?

Median Sold Price

$127,500

$92/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$42,000(-24.8%)

Key Takeaway

Homes in 74354 have sold for 24.8% less than they did a month ago.

Summary: The median home sold price in 74354 was $127,500 in April 2024, down 24.8% from last month, and the median price per square foot was $92.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$40K
N/A
3 $169.5K$105K
-38.1%
4 $400K$195K
-51.2%
5+ $44K-
N/A

Summary: 74354 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 38.1%, 4 bedroom homes decreased by 51.2%, and 5+ bedroom homes did not change.

Housing Supply in 74354, OK

How many homes are available in 74354, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2019-5.0%

Summary: The 74354 real estate market had 19 homes for sale in April 2024, a 5.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 33
0.0%
2 24
+100.0%
3 97
-22.2%
4 44
0.0%
5+ 21
-50.0%

Summary: The 74354 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 100%, 3 bedroom homes decreased by 22.2%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74354, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 74354 in April 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 74354, OK

How long does it take to sell a home in 74354, OK?

Average Sale Time

Mar 2024Apr 2024CHANGE
51 Days22 Days-56.8%

Summary: Homes in 74354 had an average of 22 days on market in Apr 2024, down by 56.8% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74354 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 4 homes were sold in 74354; 75% of homes were sold within 30 days, 25% 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 18 Days Ago

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