Is 74578, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74578 is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, 74578 has remained a Buyer's Market.

Key Takeaway

74578 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 74578, OK

How much do homes in 74578, OK cost?

Median Sold Price

$237,500

$131/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$187,500(+375.0%)

Key Takeaway

Homes in 74578 have sold for 375% more than they did a month ago.

Summary: The median home sold price in 74578 was $237,500 in April 2024, up 375% from last month, and the median price per square foot was $131.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $50K$237.5K
+375.0%
4 --
N/A
5+ --
N/A

Summary: 74578 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 375%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 74578, OK

How many homes are available in 74578, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
14140.0%

Summary: The 74578 real estate market had 14 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 43
-25.0%
3 88
0.0%
4 12
+100.0%
5+ 11
0.0%

Summary: The 74578 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
12+100.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 74578, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 74578 in April 2024, up by 100.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 74578, OK

How long does it take to sell a home in 74578, OK?

Average Sale Time

Mar 2024Apr 2024CHANGE
8 Days102 Days+1181.3%

Summary: Homes in 74578 had an average of 102 days on market in Apr 2024, up by 1181.3% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 74578 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 2 homes were sold in 74578; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 16 Days Ago

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