Is 74403, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 74403 has remained a Seller's Market.
Key Takeaway
74403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74403, OK
How much do homes in 74403, OK cost?
Median Sold Price
$158,750
$112/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74403 have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in 74403 was $158,750 in April 2024, down 3.8% from last year, and the median price per square foot was $112.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $158.5K | $97.5K | -38.5% |
| 2 Bedrooms | $75K | $88K | +17.3% |
| 3 Bedrooms | $164.9K | $162K | -1.8% |
| 4 Bedrooms | $243.5K | $232K | -4.7% |
| 5+ Bedrooms | $329.5K | $545K | +65.4% |
Summary: 74403 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.5%, 2 bedroom homes increased by 17.3%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 4.7%, and 5+ bedroom homes increased by 65.4%.
Median Sold Price Compared To Nearby Zip Codes
| 74401 | $99.5K | $130K | +30.7% |
| 74434 | $217.2K | $220.5K | +1.5% |
| 74403 | $165K | $158.7K | -3.8% |
Housing Supply in 74403, OK
How many homes are available in 74403, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 100 | 116 | +16.0% |
Summary: The 74403 real estate market had 116 homes for sale in April 2024, a 16.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 16 | 19 | +18.8% |
| 3 Bedrooms | 57 | 68 | +19.3% |
| 4 Bedrooms | 22 | 25 | +13.6% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 74403 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 18.8%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 20 | 32 | +60.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74403, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in 74403 in April 2024, up by 60.0% month-over-month. Of the 32 sold homes, 47% were sold under asking, 28% were sold at asking, and 25% were sold over asking.
Days on Market for 74403, OK
How long does it take to sell a home in 74403, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 26 Days | 41 Days | +52.1% |
Summary: Homes in 74403 had an average of 41 days on market in Apr 2024, up by 52.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74403 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 32 homes were sold in 74403; 59% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
