Is 74426, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74426 is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 74426 was a Neutral Market.

Key Takeaway

74426 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74426, OK

How much do homes in 74426, OK cost?

Median Sold Price

$205,000

$148/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$15,000(+7.9%)

Key Takeaway

Homes in 74426 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 74426 was $205,000 in April 2024, up 7.9% from last year, and the median price per square foot was $148.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$142.5K
N/A
2 $126.2K$135K
+7.0%
3 $182.2K$244K
+33.9%
4 $310K$430K
+38.7%
5+ $420K$130K
-69.0%

Summary: 74426 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 7%, 3 bedroom homes increased by 33.9%, 4 bedroom homes increased by 38.7%, and 5+ bedroom homes decreased by 69%.

Median Sold Price Compared To Nearby Zip Codes

74450
+17.5%
74426
+7.9%
74432
+5.0%

Housing Supply in 74426, OK

How many homes are available in 74426, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
3341+24.2%

Summary: The 74426 real estate market had 41 homes for sale in April 2024, a 24.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 87
-12.5%
3 1824
+33.3%
4 46
+50.0%
5+ 23
+50.0%

Summary: The 74426 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 decreased by 12.5%, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74426, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in 74426 in April 2024, up by 100.0% month-over-month. Of the 8 sold homes, 38% were sold under asking, 50% were sold at asking, and 13% were sold over asking.

Days on Market for 74426, OK

How long does it take to sell a home in 74426, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
56 Days51 Days-9.5%

Summary: Homes in 74426 had an average of 51 days on market in Apr 2024, down by 9.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74426 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 8 homes were sold in 74426; 63% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 25% 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 12 Days Ago

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