Is 74432, 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, 74432 has remained a Buyer's Market.
Key Takeaway
74432 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 74432, OK
How much do homes in 74432, OK cost?
Median Sold Price
$283,500
$171/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74432 have sold for 5% more than they did a year ago.
Summary: The median home sold price in 74432 was $283,500 in April 2024, up 5% from last year, and the median price per square foot was $171.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70K | $75K | +7.1% |
| 2 Bedrooms | $170K | $168K | -1.2% |
| 3 Bedrooms | $285K | $270K | -5.3% |
| 4 Bedrooms | $475K | $812.2K | +71.0% |
| 5+ Bedrooms | $725K | $875K | +20.7% |
Summary: 74432 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 1.2%, 3 bedroom homes decreased by 5.3%, 4 bedroom homes increased by 71%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Zip Codes
| 74426 | $190K | $205K | +7.9% |
| 74432 | $270K | $283.5K | +5.0% |
Housing Supply in 74432, OK
How many homes are available in 74432, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 115 | 139 | +20.9% |
Summary: The 74432 real estate market had 139 homes for sale in April 2024, a 20.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 7 | +40.0% |
| 2 Bedrooms | 19 | 19 | 0.0% |
| 3 Bedrooms | 56 | 70 | +25.0% |
| 4 Bedrooms | 26 | 31 | +19.2% |
| 5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The 74432 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 40%, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 12 | 12 | 0.0% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74432, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in 74432 in April 2024, the same as the previous month. Of the 12 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for 74432, OK
How long does it take to sell a home in 74432, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 48 Days | 41 Days | -14.9% |
Summary: Homes in 74432 had an average of 41 days on market in Apr 2024, down by 14.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 74432 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 12 homes were sold in 74432; 50% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
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