Is 74429, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74429 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 74429 has remained a Seller's Market.

Key Takeaway

74429 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 74429, OK

How much do homes in 74429, OK cost?

Median Sold Price

$259,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$19,000(+7.9%)

Key Takeaway

Homes in 74429 have sold for 7.9% more than they did a year ago.

Summary: The median home sold price in 74429 was $259,000 in April 2024, up 7.9% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $141.2K$134.9K
-4.5%
3 $229.5K$226.7K
-1.2%
4 $315K$339.5K
+7.8%
5+ $353K$509K
+44.2%

Summary: 74429 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 decreased by 4.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 7.8%, and 5+ bedroom homes increased by 44.2%.

Median Sold Price Compared To Nearby Zip Codes

74436
+23.7%
74429
+7.9%
74014
+6.8%
74454
-40.7%

Housing Supply in 74429, OK

How many homes are available in 74429, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
92100+8.7%

Summary: The 74429 real estate market had 100 homes for sale in April 2024, a 8.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 53
-40.0%
3 5659
+5.4%
4 2732
+18.5%
5+ 35
+66.7%

Summary: The 74429 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 40%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 18.5%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2124+14.3%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74429, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in 74429 in April 2024, up by 14.3% month-over-month. Of the 24 sold homes, 42% were sold under asking, 38% were sold at asking, and 21% were sold over asking.

Days on Market for 74429, OK

How long does it take to sell a home in 74429, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
28 Days30 Days+5.6%

Summary: Homes in 74429 had an average of 30 days on market in Apr 2024, up by 5.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74429 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 24 homes were sold in 74429; 58% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 4% 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 8 Days Ago

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