Is 74729, OK a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 74729 is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, 74729 was a Seller's Market.

Key Takeaway

74729 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 74729, OK

How much do homes in 74729, OK cost?

Median Sold Price

$255,500

$116/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

+$57,500(+29.0%)

Key Takeaway

Homes in 74729 have sold for 29% more than they did a month ago.

Summary: The median home sold price in 74729 was $255,500 in April 2024, up 29% from last month, and the median price per square foot was $116.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 --
N/A
3 $198K$195K
-1.5%
4 -$316K
N/A
5+ --
N/A

Summary: 74729 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 decreased by 1.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 74729, OK

How many homes are available in 74729, OK?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1112+9.1%

Summary: The 74729 real estate market had 12 homes for sale in April 2024, a 9.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 78
+14.3%
4 33
0.0%
5+ 11
0.0%

Summary: The 74729 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 remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
220.0%

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 74729, 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 74729 in April 2024, the same as the previous 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 74729, OK

How long does it take to sell a home in 74729, OK?

Average Sale Time

Mar 2024Apr 2024CHANGE
23 Days95 Days+315.2%

Summary: Homes in 74729 had an average of 95 days on market in Apr 2024, up by 315.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 74729 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 74729; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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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