Is 74467, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74467 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 74467 was a Seller's Market.

Key Takeaway

74467 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74467, OK

How much do homes in 74467, OK cost?

Median Sold Price

$167,250

$114/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$2,250(+1.4%)

Key Takeaway

Homes in 74467 have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in 74467 was $167,250 in April 2024, up 1.4% from last year, and the median price per square foot was $114.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $40K$56.2K
+40.6%
2 $87K$120K
+37.9%
3 $169.9K$185K
+8.9%
4 $235K$302.5K
+28.7%
5+ -$250K
N/A

Summary: 74467 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.6%, 2 bedroom homes increased by 37.9%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 28.7%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

74429
+7.9%
74337
+7.1%
74467
+1.4%
74454
-40.7%

Housing Supply in 74467, OK

How many homes are available in 74467, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5777+35.1%

Summary: The 74467 real estate market had 77 homes for sale in April 2024, a 35.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 01
+100.0%
2 1114
+27.3%
3 2938
+31.0%
4 1218
+50.0%
5+ 56
+20.0%

Summary: The 74467 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 27.3%, 3 bedroom homes increased by 31%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
990.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74467, you could pay more than the asking price. 66.7% of homes here sold above asking price last month.

Summary: A total of 9 homes were sold or pending in 74467 in April 2024, the same as the previous month. Of the 9 sold homes, 22% were sold under asking, 11% were sold at asking, and 67% were sold over asking.

Days on Market for 74467, OK

How long does it take to sell a home in 74467, OK?

Average Sale Time

Apr 2023Apr 2024CHANGE
31 Days24 Days-20.4%

Summary: Homes in 74467 had an average of 24 days on market in Apr 2024, down by 20.4% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74467 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 9 homes were sold in 74467; 67% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 0% 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

Newest Listings in 74467, OK

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