Is 74804, 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, 74804 has remained a Seller's Market.
Key Takeaway
74804 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 74804, OK
How much do homes in 74804, OK cost?
Median Sold Price
$230,000
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 74804 have sold for 8% more than they did a year ago.
Summary: The median home sold price in 74804 was $230,000 in April 2024, up 8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $112K | $139.2K | +24.3% |
| 2 Bedrooms | $80K | $153K | +91.3% |
| 3 Bedrooms | $210K | $224.3K | +6.8% |
| 4 Bedrooms | $262.9K | $290K | +10.3% |
| 5+ Bedrooms | $300K | $312K | +4.0% |
Summary: 74804 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.3%, 2 bedroom homes increased by 91.3%, 3 bedroom homes increased by 6.8%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 4%.
Housing Supply in 74804, OK
How many homes are available in 74804, OK?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 105 | 113 | +7.6% |
Summary: The 74804 real estate market had 113 homes for sale in April 2024, a 7.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 4 | 5 | +25.0% |
| 3 Bedrooms | 81 | 76 | -6.2% |
| 4 Bedrooms | 17 | 29 | +70.6% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 74804 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 increased by 25%, 3 bedroom homes decreased by 6.2%, 4 bedroom homes increased by 70.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 25 | +8.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 74804, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 74804 in April 2024, up by 8.7% month-over-month. Of the 25 sold homes, 40% were sold under asking, 28% were sold at asking, and 32% were sold over asking.
Days on Market for 74804, OK
How long does it take to sell a home in 74804, OK?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 21 Days | 46 Days | +122.4% |
Summary: Homes in 74804 had an average of 46 days on market in Apr 2024, up by 122.4% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 74804 has remained consistent over time.
Summary: During April 2024, 25 homes were sold in 74804; 40% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.
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