Is 74464, 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, 74464 has remained a Seller's Market.
Key Takeaway
74464 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74464, OK
How much do homes in 74464, OK cost?
Median Sold Price
$190,000
$131/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74464 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 74464 was $190,000 in April 2024, up 8.6% from last year, and the median price per square foot was $131.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $61.2K | -87.7% |
| 2 Bedrooms | $103.3K | $120K | +16.1% |
| 3 Bedrooms | $173.9K | $199.9K | +15.0% |
| 4 Bedrooms | $264.9K | $274K | +3.4% |
| 5+ Bedrooms | $369.9K | $392.3K | +6.1% |
Summary: 74464 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 87.7%, 2 bedroom homes increased by 16.1%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 6.1%.
Median Sold Price Compared To Nearby Zip Codes
| 74464 | $175K | $190K | +8.6% |
| 74451 | $274.7K | $250K | -9.0% |
Housing Supply in 74464, OK
How many homes are available in 74464, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 120 | 135 | +12.5% |
Summary: The 74464 real estate market had 135 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 16 | 14 | -12.5% |
| 3 Bedrooms | 66 | 76 | +15.2% |
| 4 Bedrooms | 32 | 38 | +18.8% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 74464 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 15.2%, 4 bedroom homes increased by 18.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 27 | +50.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74464, you may be able to get a good deal. 51.9% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 74464 in April 2024, up by 50.0% month-over-month. Of the 27 sold homes, 52% were sold under asking, 30% were sold at asking, and 19% were sold over asking.
Days on Market for 74464, OK
How long does it take to sell a home in 74464, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 47 Days | 35 Days | -26.2% |
Summary: Homes in 74464 had an average of 35 days on market in Apr 2024, down by 26.2% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74464 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 27 homes were sold in 74464; 59% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
Disclaimer: IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright © 2024 Northwest Arkansas Board of Realtors All rights reserved.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 