Is 74801, OK a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 74801 was a Seller's Market.
Key Takeaway
74801 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 74801, OK
How much do homes in 74801, OK cost?
Median Sold Price
$135,000
$99/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74801 have sold for 0.6% more than they did a year ago.
Summary: The median home sold price in 74801 was $135,000 in April 2024, up 0.6% from last year, and the median price per square foot was $99.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $30K | $23.4K | -22.0% |
| 2 Bedrooms | $72.5K | $66K | -9.0% |
| 3 Bedrooms | $142.7K | $144.2K | +1.1% |
| 4 Bedrooms | $200K | $235K | +17.5% |
| 5+ Bedrooms | $327.5K | $400K | +22.1% |
Summary: 74801 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22%, 2 bedroom homes decreased by 9%, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 17.5%, and 5+ bedroom homes increased by 22.1%.
Housing Supply in 74801, OK
How many homes are available in 74801, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 106 | 127 | +19.8% |
Summary: The 74801 real estate market had 127 homes for sale in April 2024, a 19.8% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 23 | 31 | +34.8% |
| 3 Bedrooms | 57 | 66 | +15.8% |
| 4 Bedrooms | 19 | 23 | +21.1% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 74801 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 34.8%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 21 | +10.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74801, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in 74801 in April 2024, up by 10.5% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for 74801, OK
How long does it take to sell a home in 74801, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 24 Days | 45 Days | +86.1% |
Summary: Homes in 74801 had an average of 45 days on market in Apr 2024, up by 86.1% compared to last year.
Breakdown of Home Sale Times
14 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 74801 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 21 homes were sold in 74801; 67% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
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